Countries have long reserved strategic assets like gold, oil, or strong foreign currencies to protect their economies from crises. Now, the idea of accumulating Bitcoin – a digital asset – is attracting attention as a way to modernize national reserves.
Bitcoin and its new role
In July 2024, Senator Cynthia Lummis proposed a bill to establish the Strategic Bitcoin Reserve in the U.S., viewing Bitcoin as 'digital gold' to enhance economic and technological standing. The bill proposes:
• To purchase 200,000 Bitcoins each year for 5 years (a total of 1 million BTC, equivalent to 5% of global supply).
• Bitcoin will be securely stored in a high-security network nationwide.
• The purchasing process is transparent, avoiding market disruption.
Potential benefits
1. Strengthening the U.S. economy: Reducing public debt risk, instilling confidence in the USD.
2. Global domino effect: The U.S. leading will encourage other countries to accumulate Bitcoin to avoid falling behind.
3. Protecting financial future: Bitcoin could become a hedge asset as the USD loses its position.
Bitcoin – From individuals to national strategy
El Salvador is the first country to accumulate Bitcoin, paving the way for other countries. If the U.S. realizes this plan, Bitcoin could become an official reserve asset, competing with gold and foreign currencies in the global financial system.
Conclusion
Although there is much debate, the gradual recognition of Bitcoin at the national level is a major step forward. From a speculative asset, Bitcoin is on its way to becoming a pillar of the modern financial system.#Bitcoin❗ 
#BTC☀
