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Riot Platforms: Bitcoin Will Become a Geopolitical Weapon in US Hands

Riot Platforms: Bitcoin Will Become a Geopolitical Weapon in US Hands

HappyCoinNewsHappyCoinNews2024/12/10 07:33
By:HappyCoinNews

Riot Platforms Chief Communications Officer Sam Lightman considers that Bitcoin in the hands of the US authorities, it may cease to be just the first cryptocurrency and will most likely transform into a geopolitical weapon against other countries, such as China and Russia.

According to him, as soon as Bitcoin will become a strategic reserve in the United States, other countries will be forced to follow the same path. American politicians will be able to make BTC a tool for containing the economic aggression of China and Russia, which are seeking to weaken the dollar through the BRICS economic alliance.

In addition, it is necessary to promote stablecoins tied to the national currency of the United States in other countries in order to effectively respond to trade aggression from China and the Russian Federation, Lightman noted.

If Bitcoin will acquire the status of a strategic reserve in the United States, its value and price will be easy to predict, and the global financial system will undergo radical changes.

Given the fact that the new White House administration led by Donald Trump is appointing crypto industry-friendly individuals, it is quite possible that in 2025 Bitcoin will become a strategic reserve for the United States.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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