Compete for Bitcoin: US Must Remain Vigilant to Secure Global Influence

• The National Security Strategy (NSS) outlines the vision of the executive branch and serves as the roadmap for U.S. to outmaneuver geopolitical competitors, tackle shared challenges, and set our world firmly on a path toward a brighter future.
• Countries will compete for Bitcoin, the hardest and scarcest asset in the world, and those with larger fractions of 21 million will have greater strategic and economic primacy than their geopolitical competitors.
• It is imperative that the U.S. takes proactive steps to secure its position and protect its interests both economically and strategically, as any misstep might cost the nation to lose a grip on its global influence.

The United States is at a precarious moment in its history, with the nation’s most adversarial competitors actively pursuing ways to de-dollarize the world and replace the economy of imaginary wealth with one of real valuables and hard assets. In light of these developments, the importance of the National Security Strategy (NSS) is more evident than ever. This periodic document serves as the roadmap for the nation, outlining the vision of the executive branch and helping Congress carry out the directions laid out by the highest office in the land. The October 2022 NSS emphasizes the need to “seize this decisive decade to advance America’s vital interests, position the United States to outmaneuver geopolitical competitors, tackle shared challenges, and set our world firmly on a path toward a brighter and more hopeful tomorrow.”

It is essential that the U.S. take proactive steps to secure its position and protect its interests both economically and strategically, as any misstep might cost the nation to lose a grip on its global influence. One of the most pressing issues that the nation must address is the race for bitcoin accumulation. As the hardest and scarcest asset in the world, the ability to acquire more of it could be the difference between a nation having greater strategic and economic primacy than its geopolitical competitors. The U.S. must remain vigilant and ready to compete for bitcoin, as countries are unlikely to ban it outright, but will instead seek to increase their own fractions of the 21 million available.

The White House’s commitment to a brighter and more hopeful future for the American people is admirable, but the NSS must remain a living document that is updated to reflect the ever-changing geopolitical landscape. As the U.S. strives to continue to be the champion of freedom and democracy on the world stage, it is essential that the nation remains vigilant and ready to compete for bitcoin. Doing so will ensure that the nation will not lose its grip on its global influence and will be able to achieve its vital interests in the coming decade.