Bitcoin’s High-Stakes Summit: Reshaping the U.S. Strategic Reserve for the Digital Age

Washington convenes top minds as Bitcoin forces strategic reserve overhaul—digital gold meets traditional power.

The New Battlefield: Treasury Assets

Policy makers scramble as Bitcoin's market dominance exposes traditional reserve vulnerabilities. No more relying solely on physical commodities—digital assets demand digital strategy.

Wall Street's Cold Sweat

Banking elites watch nervously while decentralized protocols threaten their monopoly on value storage. Guess those Ivy League degrees didn't cover cryptographic proof-of-work.

Future-Proofing National Security

Adopting Bitcoin isn't optional—it's imperative. Nations ignoring this shift risk becoming financial relics in a blockchain-powered world.

Because nothing says 'strategic foresight' like waiting until your currency's purchasing power evaporates before embracing sound money.

In brief

• Eighteen crypto leaders met with U.S. lawmakers to promote the BITCOIN Act.
• The plan aims to accumulate one million bitcoins over five years without taxation.
• Michael Saylor and Charles Hoskinson symbolically voiced their direct support in Washington.
• Funding options include customs surpluses and bitcoins seized through judicial actions.

Washington heats up: the BITCOIN Act at the heart of political debates

While France is already talking about blocking certain crypto companies to position itself as a regulatory model, the atmosphere is quite different across the Atlantic. On Tuesday, 18 crypto leaders gathered in Washington to defend the bitcoin Act. This bill, supported by Senator Cynthia Lummis and Representative Nick Begich, proposes that the United States accumulate one million bitcoins in five years. The goal: to build a strategic digital reserve, similar to Fort Knox for gold.

The meeting, organized by The Digital Chamber and the Digital Power Network, brought together diverse profiles: Michael Saylor (MicroStrategy), Tom Lee (Fundstrat and BitMine), Fred Thiel (MARA), as well as players from traditional finance. Michael Saylor’s tweet summed up the atmosphere:

For now, the project has only attracted Republicans. Without Democratic support, the BITCOIN Act struggles to advance through the congressional banking committees.

Bitcoin, the digital gold America dreams of accumulating

The ambition of this project goes beyond a simple political signal. The bill wants to make bitcoin a national strategic asset, treated like gold.

This prospect excites crypto advocates. They already imagine a scenario where corporate treasuries would follow the federal government’s example, strengthening bitcoin’s legitimacy as “digital gold”. 

Charles Hoskinson (Cardano) confirmed his presence at the round table by posting a brief message on X announcing his arrival in Washington. But some warn: a state accumulating such quantities could disrupt bitcoin’s decentralized nature.

The budget puzzle: one million BTC without additional tax

The heart of the debate lies in financing. The BITCOIN Act requires that the purchase of one million BTC be achieved through so-called “budget-neutral” strategies. No increasing taxes or adding to public debt. Several avenues are on the table.

The numbers behind the project

• 1 million BTC to acquire in five years;
• 0 dollars additional tax: “budget-neutral” strategy;
• 18 crypto leaders present at the Washington roundtable;
• 2 key committees to convince: House Financial Services and Senate Banking.

Among the solutions considered: reevaluation of Treasury Gold certificates, rerouting customs surpluses, integrating seized bitcoins in criminal cases. 

The United States has the capacity to buy as many bitcoins as it wants. But political will remains decisive. Recently, Scott Bessent cooled bitcoiners’ ardor by stating that the government will not buy back BTC, ending, at least for now, dreams of a digital federal reserve backed by bitcoin.

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