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VanEck’s Sigel Pushes for U.S. Bitcoin Reserve to Boost Economic Power
Matthew Sigel, Head of Digital Assets Research at VanEck, has recently emphasized the importance of adopting a strategic Bitcoin reserve in the United States. In his statement, Sigel underlined that this move is vital for maintaining the nation’s economic and technological leadership globally.
According to Sigel, incorporating Bitcoin into the country’s reserves would symbolize national leadership and innovation while providing a financial safety net. He believes that such an action could ensure dominance in key sectors like energy infrastructure and artificial intelligence, alongside solidifying the nation’s financial infrastructure.
Sigel also compared Bitcoin to digital gold, suggesting its inclusion in the US Treasury or revised Special Drawing Rights (SDR) basket could offer a reliable alternative to traditional fiat currencies, strengthening the US dollar by offering a more stable store of value.
Source: https://www.crypto-news.net/vanecks-sigel-pushes-for-u-s-bitcoin-reserve-to-boost-economic-power/
