U.S. Army Commander Recognizes Bitcoin's Strategic Potential in National Defense
A senior U.S. military commander, Admiral Samuel Paparo, endorsed Bitcoin's potential as an instrument of national power during a Senate hearing. This comes amid growing strategic competition with China, which is believed to hold a significant amount of cryptocurrency, though not officially designated as a reserve. The U.S. has also established a Strategic Bitcoin Reserve.
Topics: Bitcoin China cryptocurrency government_policy national_security strategic_reserves