A Bitcoin Arms Race Has Begun

Importance of Bitcoin Strategic Reserve for the US

• Multiple Middle Eastern countries have established a significant stockpile of Bitcoin in the last quarter.
• To maintain its dominant World Reserve Currency status, the US should embrace Bitcoin as an asset class on a regulatory level.

Global Competition for Bitcoin Reserve

• Middle Eastern countries are using their oil profits to buy Bitcoin.
• The US is at risk of being "front run" by other countries in establishing a strategic Bitcoin reserve.

Call to Action

• The US should hurry to establish a strategic Bitcoin reserve to remain competitive.