The United States Must Embrace Bitcoin Now: A Recap Of Bitcoin For America Trending Global News

Before this today, Bitcoin policy institute (BPI)A Washington, DC-based think tank, hosted the “Bitcoin for America” ​​summit.

The event took place in view of a strategic bitcoin reserve (SBR) and the White House hosting its first Crypto Summit to sign an executive order (EO) by President Trump.

An event with such a title may expect a jingoistic overtone. However, many speakers admitted that bitcoin is something that will benefit the whole world, and it should partially lead the route to the US.

BPI director David Zel set a tone for the event in his initial comments.

“Our goal for today is to continue this process, to help people understand how bitcoin benefits America – and the world was massively,” he announced.

After Zel, Senator Synthia Lummis (R-Y), a long bitcoin advocate, who created the case that it is natural for the US to determine only speeds for adoption of bitcoin.

“This is really freedom money,” said Senator Lumis. “And America talks about freedom money.”

Michael Siler: Bitcoin and American Digital Domination

Michael Sirer, the executive president of the strategy, agreed with the senator, created the matter as to why the US should lead in the region.

“I am here today to show you how the Strategic Bitcoin Reserve represents a strategy for the United States digital domination in the 21st century,” he started.

He went to argue in favor of bitcoin as a digital property, stating that the United States should acquire it more and more to “rent and finance” at the top of the property.

He also said that trillions of trillions in commerce will flow on bitcoin networks, which is another reason that the US should give priority to achieve its share of the network.

In addition, he said that Bitcoin is a symbol of American values ​​and that it is the next best thing to live in America

“Everyone who is living in Asia, if they can do in Africa, will go to America.”

“If they could have done, they would have taken their money to America. They want America’s currency they want they want the security of America, they want America’s values, but they could not have it, ”he said.

“So, the second best thing can be that they take their money to Bitcoin Network, which has all the values, security and security of America”

Vivek Ramaswamy: Bitcoin’s long -term returns are new high -risk barrier rate

Ohio Gubernatorial candidate and American entrepreneur Vivek Ramaswamy followed the Caller, pushing the proposal that the return rate on placing bitcoins for a decade or more is now the new high -risk barrier rate.

He determined the platform for the claim that we are going back to the “era of rare capital”. He shared that it would be a inverse of the last 15 years, during which it was fed MalevolentHungry users out of a cocaine dealer, taking out the cocaine, as they said.

He explained that institutions would once again have to consider this question “What is the cost of my capital?” And, in doing so, they have to define a barrier rate for both low and high risk investments.

Ramaswamy argued that the barrier rate for low -risk investments is a 10 -year -old American Treasury, while the barrier rate for high -risk investment will be a return rate to bitcoin over a period of 10 to 15 years.

He then stopped his talk about how American ethos and bitcoin ethos overlap, and that, like the American flag, Bitcoin symbolizes hope.

“I think bitcoin and what it represents, more as a financial property, also helps to fill that hunger for a symbol, a reminiscent of American greatness,” Ramaswamy said. “And I think it makes another more suitable asset to fill our national strategic reserve in the national context.”

Matthew Pines: The world is focusing on bitcoin after SBR EO

BPI Executive Director Matthew Pines said that bitcoins have started taking the center stages in the eyes of world leaders for two reasons.

First, he claimed, as the US debt markets have become rapidly critical, inspired by global leaders to start investing in global reserve property separate from the American treasury.

The second reason is that President Trump’s SBR EO clearly stated that the United States sees Bitcoin as “Digital Gold”, and it would only be the time before other leaders see it as the same.

“Earlier Executive Order of every Chief President, landed at the desk of Central Bank [chair] And the Finance Minister in the world, “Pines said.

“Now there is a discussion about how to interpret. What does it mean to Bitcoin’s relationship with their country? Governments do not proceed very fast, but when they do, they walk in size, they walk on the scale and they can deploy trillion dollars in capital that can have geopolitical effects, ”he said.

“And I think we are at this divine point, where the geo -political aspects of bitcoin begin to be extremely important, and can shape the next several years of the future of bitcoin. Bitcoin race is now on, and the ball is in our court to maintain our profit. ,

Congressman Nick Begich rejected Bitcoin Act

After finishing his point, Pines introduced Rape Nick Begich (R-AK) on stage, where the Congress made a big announcement.

“Today, I will announce the 2025 Bitcoin Act in the United States house,” said Rape Begich.

The bill, which is an updated version of Bill Sen Lumis, the previous year, proposes that the US acquires 1 million bitcoins (no expenses for taxpayers) and protects American citizens’ right to self-assessment for their bitcoins.

,[The bill] Apparently to protect the rights of individuals, to capture themselves independently with bitcoins and to transact, ”said Rape Begich. “It recognizes self-cosmetics as a fundamental right.”

Congress Row Khanna: Democrats should support bitcoin

Following a brief talk of Zac Camparro, the head of the policy in BPI, why should American states keep bitcoins in their reserves, rape. Ro Khanna (D-CA) made the case why Democrats should hug bitcoin.

“Bitcoin should be bipartished,” Rape Khanna said, the only democratic politician who speaks in this incident.

“Now, people are going to be able to get bitcoins. This is transformational for so many people around the world, and that is why the Democratic party should do something that can create financial empowerment not only in the United States, but also for people around the world.

Jack Molers: Bitcoin is the return of American values

After a handful of talks and panels including Casa CEO Nick Nick, CEO Andrew Hones, CEO of Pneumarkate Capital and the choice of panels Lightspark CSO Christian Catalini, Strike CEO Jack Molers took stage as the last speaker of the summit.

In his point, “Strategic Bitcoin Reserve: The American Monetary Revolution” titled, the Mallers made the case that the SBR was established “with the return of American values, including life, freedom and property.”

“The Bitcoin Act proposed by the Strategic Bitcoin Reserve Executive Order and Senator Lumis is the most important economic change and declaration and the only positive economic declaration coming out of the capital of this country in the last 100 years is,” the Mallers said.

He said that the US Economic Policy is working against the principles on which the country was established and he cited Executive Order 6102 (forcibly gold under President Franklin D. Roosevelt), Nixon shock (President Nixon removed the US dollar from gold in 1971) and 2008 bank bailout As evidence.

However, he ended on a high note.

,[This is a] The decisive moment in American history and a significant turn in the economic policy for this country, ”the Molers said. “The story of humanity is [people] Engineering is a better world – this is America, it is bitcoin. ,