What will be the primary reason for U.S. Strategic Bitcoin Reserve by end of 2025?
Financial stability • 25%
Economic competitiveness • 25%
Technological advancement • 25%
Other • 25%
Official U.S. government reports or press releases
Coinbase and Others Endorse U.S. Government Strategic Bitcoin Reserve
Jan 17, 2025, 07:31 PM
Coinbase, the largest cryptocurrency exchange in the U.S., has endorsed the concept of a U.S. Government Strategic Bitcoin Reserve, according to a report by Axios. This endorsement comes as part of broader discussions on the role of cryptocurrencies in national financial strategies. The proposal for a strategic reserve aims to position Bitcoin as a potential asset for the U.S. government, similar to traditional reserves like oil or gold. Additionally, other entities such as MoonPay, Jason A. Williams, LFJ, and BTC Archive have also endorsed the creation of such a reserve.
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Other • 25%
To diversify national reserves • 25%
To stabilize the dollar • 25%
To boost crypto market clout • 25%
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Strengthen US dollar • 25%
Economic leverage • 25%
Reduce national debt • 25%
Financial stability reserve • 25%
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Monetary policy tool • 25%
International trade settlements • 25%
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Hedge against inflation • 25%
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Promote Bitcoin adoption • 25%
Stabilize the US Dollar • 25%
Enhance financial security • 25%
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Japan • 25%
United Kingdom • 25%
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European Union • 25%