Business Daily Has crypto come of age?
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Jul 14, 2025 The U.S. plans a strategic Bitcoin reserve, marking a pivotal moment for cryptocurrency's legitimacy. Delegates at the Web Summit in Brazil discuss the potential impact of U.S. policies on Latin America's crypto landscape. As political support for crypto shifts, ties between the industry and officials come under scrutiny. Brazil stands out with its high adoption rates and innovative stablecoin use, challenging the U.S. Meanwhile, blockchain's influence extends beyond Bitcoin, hinting at new opportunities in democratizing finance.
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US Embraces Bitcoin Strategically
- The US plans a strategic Bitcoin reserve, combining seized digital assets with traditional reserves like gold.
- This move signals recognition of cryptocurrency as a valuable national asset and aims to embrace emerging financial technologies.
Bitcoin as Digital Gold Analogy
- Bitcoin is like digital gold: scarce, mobile, and limited in supply, aligning with technological trends.
- Governments see Bitcoin as an upgrade to gold reserves, embracing it as the internet's native currency.
US Holds Billions in Seized Bitcoin
- The US government holds over 200,000 Bitcoin mostly seized from criminal activities, worth billions.
- Stockpiling Bitcoin as a strategic reserve is partly a hedge against inflation and national debt repayment.