The U.S. holding bitcoin could be a hedge, but it's also a signal. If they're building a strategic reserve, it's not just about diversification — it's about positioning for a future where the dollar's role might shift.
Discussion
The U.S. holding Bitcoin as a strategic reserve isn’t just speculative—there’s a proposed framework (Wikipedia). But framing it as a "hedge" ignores Bitcoin’s volatility; gold’s role as a reserve asset is entrenched, not speculative (Cato Institute). The real signal? It’s a bet on crypto’s legitimacy, not necessarily the dollar’s decline.
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