The race for Bitcoin is a question of national security (opinion)

The race for Bitcoin is a question of national security (opinion)

The financial markets for everything, including crypto, stay during the break while we mark the first week of 2023. During this time of global economic uncertainty, people hold their money back. For this reason, it is becoming increasingly important for governments to keep their Bitcoin nearby.

The price of Bitcoin hardly moved after the publication of the latest job report. It was less than one percent and kept over $ 16,900, since the job data suggested further interest rate increases.

Bitcoin is ready to become the "primary monetary good" of the world

we leave the concerns of the investors aside via the crypto price winter for a moment and we look at the reality of Bitcoin in 2023. In the past, people wondered whether the cryptocurrency would stay here at all. In the meantime, successful investors and even banking giants have recognized their advantages.

fidelity Investments not only considers Bitcoin to be a safer and more resistant cryptocurrency than most of his competitors, but also reflects the bank's opinion in his report that BTC has the properties and positioning to become the "primary money" of the world.

Bitcoin is not only here to stay, but will underpin more global reserves over the decade. This raises serious concerns and opportunities for the national security of the United States and for all the great world powers in the international hegemony.

participation of national security in participating in the Bitcoin race

We are about to have an important turning point in the history of Bitcoin. After 14 years of the great experiment, it is now understood by technical experts and industry investors as a sophisticated technology platform. He has proven his security and reliability and has been stacking a new block every ten minutes for 14 years without interruption.

The markets begin to reflect this new reality of the stability and the rise of Bitcoin in world financial statements. The Bitcoin Prize has a historically low volatility. While traders, who benefit from turbulent markets, may not find this so interesting, institutions and governments are next to beat.

When the regulations become clearer, the United States must rethink its entire foreign policy instruments. Other sovereign nations hurry to get into the Bitcoin race. El Salvador is most noteworthy among them, and others in Central America.

In her latest document on the national security strategy (NSS), the bid administration says:

"We will examine the advantages and the development of digital assets, including a digital dollar, with high standards and protective measures for stability, data protection and security in responsibility in order to benefit a strong and integrative US financial system and to strengthen your global priority position."

This will be important in the next decade. The dollar will never disappear as an important world reserve. It is too stable, too conventional and is supported by the United States. But many parts of the world actively pursue a de -dollarization policy that has never existed in the last century.

The USA can only preserve its global dominance and relevance at the level of the 20th century by joining the Bitcoin race around Hash-Power and BTC.

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