The post Sam Lyman: U.S. Considers Bitcoin as Strategic Tool Against China and Russia’s Gold Reserves in Economic Statecraft appeared on BitcoinEthereumNews.com.

Recent discussions among U.S. policymakers highlight the potential of Bitcoin as a strategic tool in foreign policy Recent discussions among U.S. policymakers highlight the potential of Bitcoin as a strategic tool in foreign policy, particularly in countering China’s and Russia’s financial maneuvers. Sam Lyman, a contributor to Forbes, argues that the U.S. could leverage Bitcoin to deter these nations from using their gold reserves to challenge the dominance of the U.S. dollar. Lyman emphasizes that Bitcoin is nearing a point of adoption by nation-states, suggesting it could play a significant role in economic statecraft. He notes that U.S. policymakers might consider Bitcoin as a safeguard against the increasing weaponization of gold by rival nations, with contributions from notable figures including GOP Majority Whip and financial analysts. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/people/sam-lyman-u-s-considers-bitcoin-strategic-tool-against-china-russia-s-gold

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Filed under: News - @ July 26, 2024 10:28 am