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ZyCrypto 2025-06-04 20:34:26

Vice President JD Vance Makes a Bullish Case for a National Bitcoin Reserve

Vice President JD Vance Makes a Bullish Case for a National Bitcoin Reserve

Pro-Bitcoin Vice President JD Vance has highlighted key reasons why the United States should support Bitcoin while optimizing the integration of a national Bitcoin reserve. The Vice President made these assertions at the Bitcoin 2025 Conference in Las Vegas, U.S., where he explained that the Trump administration is well-positioned to accelerate legislation, which could open the pathway for establishing a Bitcoin reserve. Vance, who is big on the U.S. outpacing China in the quest for Bitcoin adoption, observed the Chinese government’s position on the asset: “The People’s Republic of China doesn’t like Bitcoin. Well, we should be asking ourselves, why is that?” He explained that with China stepping away from Bitcoin, the United States could increase adoption for the asset and pave the way for innovation while remaining ahead of its competitors. As he is quoted as saying; “Why is our biggest adversary such an opponent of bitcoin, and if the communist Republic of China is leaning away from Bitcoin, then maybe the United States ought to be leaning into Bitcoin.” It bears mentioning that the Vice President, who is well-known for his pro-Bitcoin outlook, has secured between $250,000 and $500,000 worth of Bitcoin in investments. Along with his conviction that Bitcoin needs to be fully ingrained in the broader finance market, Vance recognizes Bitcoin as a strong inflation hedge. “It’s a hedge against skyrocketing inflation, which has eroded the real savings rates of Americans over the last four years. And as you all know well, it’s a hedge against a private sector that’s increasingly willing to discriminate against consumers based on their basic beliefs, including their politics.” He added . In March, President Donald Trump shocked the crypto market with the announcement of a Crypto Strategic Reserve, expected to facilitate the buying and selling of crypto for the United States. As reported by Donald Trump’s media company on May 27, institutional players are preparing to purchase $2.5 billion worth of the company’s stocks. The report added that the proceeds from the billion-dollar Bitcoin purchase will go to developing a Bitcoin reserve.

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