The Recognition of Bitcoin as a Strategic Asset by the U.S. Government

We all know gold. Now, we’re getting to know Bitcoin.

You won’t read this in any newspaper, but I’m quickly typing it out. Just a little flex. 😎

The strategy is simple. There are three serious contenders for the ultimate monetary base:

• U.S. Treasuries (way ahead, the current boss)

• Gold (old-school boss)

• Bitcoin (possibly an option)

Talk of a “Chinese gold-backed currency” is nonsense. The U.S. holds 8,000 tons of gold, the Eurozone 13,000. China and Russia have much less.

Nobody seriously trusts the Renminbi as a real reserve alternative to the Dollar. The Euro was a good idea but executed terribly.

Bitcoin is “digital gold.”

The simplest solution for Washington? Be the first and hold more than China/Russia. That step was taken today.

Since the founding of the Bank of Amsterdam around 400 years ago, there hasn’t been a monetary shift like this.

We all know gold. Now, we’re getting to know Bitcoin.