During the Bitcoin 2025 Conference in Las Vegas, Vice President JD Vance announced the need for establishing a national Bitcoin reserve in the U.S., emphasizing its importance for the country’s financial independence.
U.S. Position on Cryptocurrency
At the conference, Vance noted that the Trump administration missed the opportunity to enhance cryptocurrency legislation and expand mining capabilities. He believes that swift action in this sector could significantly strengthen the U.S. position.
Vance stated, “The People's Republic of China doesn't like Bitcoin. Well, we should be asking ourselves, why is that? If our biggest adversary is opposing Bitcoin, then maybe the United States ought to be leaning into Bitcoin.”
Bitcoin as Part of the Mainstream Economy
As an existing Bitcoin investor, Vance expressed confidence that cryptocurrency should secure a solid place in the mainstream economy. He mentioned that Bitcoin can act as a hedge against poor governance and inflation impacting real savings rates over the past four years.
He also highlighted the importance of the stablecoin market, stating that the Trump administration views it not as a threat to the dollar but as an economic force multiplier. Vance urged Congress to adopt the GENIUS Act to clarify the regulatory environment for stablecoins.
The Need for a National Bitcoin Reserve
Establishing a national Bitcoin reserve could safeguard U.S. financial sovereignty and position the country at the forefront of the new digital economy. Bitcoin, with a capped supply of 21 million coins, is increasingly seen as a hedge against inflation and dollar devaluation in uncertain economic times.
Additionally, this could serve as a strategic tool in international financial negotiations as other countries begin to stockpile Bitcoin. Investing in Bitcoin could generate long-term capital appreciation, facilitating a reduction in national debt and supporting technological innovations.
The establishment of a national Bitcoin reserve is a strategic imperative for the U.S. It represents not just a financial decision, but also an economic and political one that can preserve and enhance the country's position in the modern financial landscape.
