Recommendations from the Bitcoin Policy Institute (BPI) say that buying large amounts of Bitcoin could help the United States increase its financial strength, protect against economic instability, and increase investment in renewable energy. It is argued that such reserves will strengthen the United States’ position in the fight against China, especially in emerging markets where China’s influence is increasing.
The BPI plan calls for the creation of a strategic Bitcoin reserve that has the potential to be worth billions of dollars if the price rises. The proposals emphasize that the goal is not to benefit existing Bitcoin holders, but to “ensure U.S. financial leadership at the global level.”
Source: Ferra
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