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The U.S. can’t lose the bitcoin race to China

CoinDesk
The United States must prioritize bitcoin and digital asset infrastructure to maintain global financial dominance against China's competing strategic influence.

Summary

The U.S. faces a critical national security challenge as China advances its digital yuan to bypass Western financial systems while simultaneously stockpiling bitcoin. To maintain global influence, the U.S. must treat bitcoin as a strategic national asset, as evidenced by recent military interest in the technology for cyber defense and the establishment of a Strategic Bitcoin Reserve. The article argues that failure to lead in digital asset infrastructure and innovation would cede global financial power to the Chinese Communist Party, threatening the future of free markets and individual liberty.

(Source:CoinDesk)