Philippine Congressman Proposes Bitcoin Reserve Strategy to Tackle National Debt Crisis

Manila shakes traditional finance with radical crypto proposal—lawmaker pushes Bitcoin treasury reserve to combat soaring national debt.

The Bold Bitcoin Bet

One Philippine congressman argues that allocating national reserves to Bitcoin could provide the leverage needed to reduce the country's debt burden—a move that would make Wall Street bankers clutch their pearls.

Why Bitcoin Over Bonds?

Proponents claim Bitcoin's deflationary nature and finite supply offer better long-term value preservation than fiat currencies or traditional bonds—especially when central banks keep printing money like there's no tomorrow.

High-Risk, High-Reward Governance

This isn't just theoretical—several nations already hold Bitcoin reserves. But critics warn that volatility could backfire spectacularly, turning a debt crisis into a full-blown financial meltdown.

Because when traditional solutions fail, why not gamble with the nation's treasury on digital gold? After all, it's not like fiat monetary policy has been exactly stable lately.