The Bitcoin Policy Institute (BPI) has published a report advocating for a strategic bitcoin reserve (SBR) to bolster U.S. economic stability and global influence. Entitled “Digital Gold: Evaluating a Strategic Bitcoin Reserve for the United States,” the report posits that holding BTC could buttress U.S. monetary stability, fend off global financial threats, and foster technological leadership. According to Matthew Pines, BPI’s Head of Strategy, an SBR could “fortify U.S. interests in an increasingly volatile and competitive global landscape.”
The report delineates four key benefits: economic stability through hedging against monetary devaluation, geopolitical leverage in the face of burgeoning digital currency alternatives, energy investments associated with bitcoin mining, and support for financial inclusion and democratic values. BPI proposes a staggered acquisition strategy, regulatory frameworks, and the incorporation of renewable energy for an effective SBR. The report is designed to enlighten policymakers and foster a forward-thinking approach towards digital asset reserves.
