The United States has historically depended on the dollar and Treasuries as cornerstones of its economic strategy. As the financial system approaches a critical juncture, there are discussions about moving toward Bitcoin. Zack Shapiro from the Bitcoin Policy Institute suggests that a massive Bitcoin acquisition by the U.S. could lead to soaring Bitcoin prices. Additionally, strategic revaluation of U.S. gold holdings might create opportunity to invest in Bitcoin, amplifying its role compared to gold, which is seen as outdated and impractical in modern finance.
If the United States announces that we are buying a million Bitcoin, that's just a global seismic shock... We probably go very quickly to something like a million dollars per Bitcoin.
In terms of strategic leverage, there's an asymmetric advantage for the United States to having Bitcoin monetize relative to gold.
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