The United Kingdom is now being asked to create a Bitcoin reserve as the battle for world leadership in digital money gains traction. The following plea comes from Nigel Green, CEO of Devere Group, a leading wealth management and financial advisory company, who sees pro-crypto policies in the US under President-elect Donald Trump as the trigger for this global race.
Green said the rising market value of Bitcoin, now on the way to $100,000, is a clear sign of its importance in the emerging financial world. For nations looking to chart a path towards economic stability and growth, he said, bitcoin’s decentralized nature, limited supply and resistance to inflation make it a strategic asset. He highlighted the chance for Prime Minister Keir Starmer to lead a groundbreaking financial plan, saying:
“The U.S. the world’s largest economy is already moving in this direction. President-elect Donald Trump, now dubbed the ‘crypto president,’ has set the stage with his promise of a national BTC stockpile.”
Trump Administration Sparks Global Bitcoin Conversations
On Monday, Green said that President Trump’s administration had triggered important conversations about Bitcoin as a way to recharge national economic muscle in an increasingly digital global economy. He also pointed to the bold vision of US Senator Cynthia Lummis, who just recently put forward a plan for the US Treasury and Federal Reserve to buy one million bitcoins in the next five years as part of a strategic reserve.
Green says the UK can’t afford to fall behind in this digital race. If it created a bitcoin reserve, the country would be able to retain its position as a pioneer in financial innovation. This move would hedge against market volatility and currency devaluation while perhaps redefining the UK’s fiscal strategy, he said.
Green also said it would be a ‘transformative and visionary’ step if the BTC were created into a national reserve. This sits in line with global momentum in digital finance and engages the UK as a leading economy. Prime Minister Keir Starmer has a unique chance to put the UK on a new pathway to economic resilience and innovation. Explaining the wider impact of a BTC reserve, Green said:
“The benefits of a bitcoin reserve extend beyond simple asset appreciation. By holding bitcoin, the UK government could diversify its reserves, reduce reliance on traditional fiat currencies, and increase fiscal flexibility.”
Green Advocates for Bitcoin Reserve to Strengthen UK’s Financial Position
Green said the benefits of owning a Bitcoin reserve go beyond maintaining economic stability. As he imagines it, BTC appreciation could even reopen the UK’s national debt and bring blockchain entrepreneurs, crypto investors and tech innovators. Noting ‘such an initiative would generate jobs and boost development in one of the world’s fastest emerging sectors of the global economy’, he pointed out.
Green also issued an even sharper warning against inaction. Other nations are among the ones that are looking at crypto strategy, he noted, but the U.S. seems to be moving forward. He warned that the UK ‘cannot afford to remain a spectator’ in a rapidly digitizing financial landscape. For Britain to miss out would be a waste of the opportunity to catch up with the global competition for technological and financial leadership by failing to act.
Creating a Bitcoin reserve would set the UK up as a world leader in digital finance, leading growth and innovation. Indeed, with nations increasingly seeing the strategic significance of cryptocurrency, the race to capitalize on its opportunities is drawing near and Green thinks that the UK must get on the bandwagon to ensure it will not be left playing catch-up on the digital stage.
Conclusion
A UK bitcoin reserve, says Nigel Green, is more than an economic hedge: it is a visionary plan to encourage innovation, attract investment, and secure the UK’s role as a digital first economic power in the global economy.
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