Loading...
Loading...
Browse all stories on DeepNewz
VisitPrimary reason stated by U.S. if Bitcoin reserve is announced by end of 2025?
Hedge against inflation • 25%
National security • 25%
Economic freedom • 25%
Other • 25%
Official statements or documents from U.S. government agencies
Coinbase CEO Brian Armstrong Endorses U.S. Strategic Bitcoin Reserve, Cites Economic Freedom
Jan 17, 2025, 07:45 PM
Coinbase, the nation's largest cryptocurrency exchange, has endorsed the concept of a U.S. strategic Bitcoin reserve, according to Axios. This endorsement comes from Coinbase CEO Brian Armstrong, who has urged global leaders to establish Bitcoin reserves, likening its importance to gold in the global economy. Armstrong's advocacy for a Bitcoin reserve is part of a broader call for economic freedom and suggests that Bitcoin could shift global power balances, positioning it as central to national security. The proposal is seen as a move to hedge against inflation and as a foundational asset for the future global economy, with Armstrong describing Bitcoin as 'the next chapter of capitalism.'
View original story
Technological Advancement • 25%
Economic Stability • 25%
National Security • 25%
Other • 25%
Reduce national debt • 25%
Economic leverage • 25%
Other • 25%
Strengthen US dollar • 25%
To diversify national reserves • 25%
To stabilize the dollar • 25%
To boost crypto market clout • 25%
Other • 25%
Technological advancement • 25%
Economic competitiveness • 25%
Financial stability • 25%
Other • 25%
Other • 25%
Strategic leverage • 25%
Investment • 25%
Monetary reserve • 25%
Shift some reserves to Bitcoin • 25%
Increase gold reserves • 25%
Other decision • 25%
No change in reserves • 25%
Maintain current holdings • 25%
Other • 25%
Establish a reserve • 25%
Sell current holdings • 25%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
China • 25%
Other • 25%
United States • 25%
Russia • 25%