Sam Lyman, the director of public policy at Riot Platforms, has presented a bold perspective in an article for Forbes. He introduces Bitcoin as a powerful tool for America in global economic and geopolitical competitions.
Lyman suggests that America should classify this currency as a strategic reserve asset, similar to gold and oil. He believes this move could create a new competition among countries to store this currency and reduce dependence on the US dollar.
This idea has found supporters among some American politicians. Tom Emmer, the House Majority Leader, has welcomed this proposal. Additionally, Senator Cynthia Lummis is drafting a bill that would require the Federal Reserve to buy and hold Bitcoin.
However, the real impact of this strategy on the global geopolitical scene remains uncertain. Can Bitcoin act as a lever of American power in the global economy? This is a question that will be answered in the future.
