China and Middle East consider Bitcoin after US holds $17 billion in Bitcoin

2025-03-09 13:35

Why did President Trump sign an executive order to stockpile Bitcoin as a strategic asset?

How might China's and Middle Eastern countries' Bitcoin strategies affect global financial policies?

What makes Bitcoin different from traditional financial assets and alternative cryptocurrencies?


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- U.S. Government Holds 200,000 Bitcoins - China and Middle Eastern Countries Also Reviewing Bitcoin Purchase Strategies [Unblock Media] Recently, in the global market, the latest news and trends on Bitcoin have attracted great attention. On March 6, 2025, U.S. President Donald Trump signed an executive order on a government policy that includes holding Bitcoin as a strategic reserve asset. This marks the first instance of recognizing Bitcoin not just as an investment asset but as an important part of the national economy. Currently, the U.S. government holds approximately 200,000 Bitcoins, which is valued at around 17 billion dollars. This change in Bitcoin regulation appears to herald new shifts in the market.
Such a policy change reinforces the recognition of Bitcoin's importance in the global economy. It is reported that China and Middle Eastern countries are also reviewing Bitcoin purchase strategies, hinting at the potential role Bitcoin may play in future financial policies between nations. According to CNBC, "China and Middle Eastern countries are reviewing Bitcoin purchase strategies." Regarding President Trump's executive order, investor and author of "Rich Dad Poor Dad," Robert Kiyosaki, shared his opinion on Twitter: "WHY is President Trump signing the Bitcoin Strategic Reserve so important? Because President Trump is a leader, unlike Biden or Kamala. The rest of the world’s political and business leaders will follow our LEADER… President Trump. That’s why President Trump signing the Bitcoin Strategic Reserve Act is important… if you too… are a leader. Or you too… can be a critic and a coward like Biden and Kamala." Kiyosaki added that this was his reason for purchasing more Bitcoin.
Unlike fiat currencies controlled by central banks, Bitcoin operates on a decentralized network, allowing transactions without government intervention. Furthermore, based on blockchain technology, Bitcoin boasts high security, with transactions being unlikely to be manipulated. The elements that differentiate Bitcoin from other financial assets include: 1. Decentralization: Unlike traditional financial systems, Bitcoin allows peer-to-peer (P2P) transactions without a central authority. Users can send Bitcoin directly from anywhere in the world without going through banks. 2. Security: Bitcoin uses blockchain technology to distribute transaction records, making it impossible to alter once recorded. This strengthens resistance to hacking and falsification. 3. Superior Monetary Policy: The total issuance of Bitcoin is limited to 21 million, reducing concerns over inflation. This scarcity leads to Bitcoin being perceived as "digital gold," enhancing its role as a store of value. While many altcoins have emerged following Bitcoin's success, it is difficult for them to match Bitcoin's strengths due to: 1. Differences in Decentralization: Some altcoins compromise the principle of decentralization to improve transaction speed and efficiency. For instance, the Solana-based DeFi platform Solend faced controversy for violating decentralization by attempting to grant access rights to specific user wallets. 2. Security and Reliability: Bitcoin, as the oldest blockchain network, has gained high reliability, whereas some altcoins face security concerns due to their shorter history and unproven technology. 3. Network Effect and Recognition: Bitcoin, as the first cryptocurrency, holds the largest user base and the most robust network. In comparison, it is challenging for new altcoins to achieve the same level of trust and adoption. The recent U.S. government policy changes and movements by China and Middle Eastern countries indicate that Bitcoin is solidifying its position as a vital strategic asset in the global economy. This further strengthens Bitcoin’s potential as a store of value and its capacity to play a crucial role in the future financial system. The likelihood of Bitcoin securing a deeper foothold within institutional financial systems is increasing, and the gap with altcoins is expected to widen. Bitcoin’s network effect, scarcity, and security will continue to maintain its strengths, serving as critical factors supporting its long-term growth potential in the digital asset market.
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2025-03-09 13:35
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