TD₿: Bitcoin and U.S. National Security by Matthew Pines
TL;DR Bitcoin would help the US bolster its ability to maintain economic strength while preserving the democratic values at the heart of its ethos.
Hey Bitcoiners,
This week, Russia played its hand by demanding that “unfriendly nations” purchase its oil in rubles and/or gold.
Today, the chairman of the country’s Congressional energy committee, Pavel Zavalny, explained that Russia is open to accepting Bitcoin as a method of payment for its exports.
It’s safe to say that things are really starting to accelerate at the geopolitical level. The Petrodollar System that we have grown accustomed to over the last 40 years or so is breaking down before our eyes.
As the power dynamics of the global monetary order shift, it’s becoming more and more apparent that the United States needs to have a Bitcoin strategy if it wants to remain a major player in the 21st century.
The Bitcoin Policy Institute’s Matthew Pines wrote this dense assessment of Bitcoin as a strategic opportunity for the United States (03/08/22).
The easiest and most cost-effective way for the US to stay competitive in the future is to put some Bitcoin on its balance sheet, now.
The clock is ticking…
Tick tock next block,
Cory Klippsten
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Quote of the Day
“We have entered a phase where energy finally meets national security in the public discourse, thanks to the catastrophe playing out in Ukraine/Europe/global commodity and energy markets. And Bitcoin will eventually become central to this discourse.” - Alex Brammer, VP of Energy Monetization at Luxor Mining
Meme of the Day
(h/t @r0ckstardev)