US Defense Secretary Nominee Praises Bitcoin..."Key Asset to Counter China's Economic Hegemony"

▲ Bitcoin (BTC), US, China/AI Generated Image

Pete Hegseth, the nominee for US Secretary of Defense, has designated Bitcoin as a crucial strategic asset to defend America's financial independence against China's economic hegemony, signaling a major policy shift.

According to the cryptocurrency specialized media Bitcoinist on May 1 (local time), Hegseth emphasized in recent remarks that Bitcoin (BTC) provides powerful leverage for the United States in a global economic war. Hegseth analyzed that Bitcoin's decentralized nature would serve as a means to strengthen US national security in a situation where China is challenging dollar hegemony with its digital yuan.

Hegseth evaluated Bitcoin not merely as an investment tool but as a strategic store of value. He expressed the view that the US should actively embrace the Bitcoin ecosystem to counter China's controlled centralized financial system. He explained that Bitcoin's censorship resistance could act as a shield to protect US assets from economic pressure from hostile nations.

These remarks suggest that the importance of virtual assets in the next administration's defense and economic strategies will dramatically increase. Hegseth proposed a strategy to attract the Bitcoin mining industry to the US, thereby securing both energy security and financial sovereignty. Market participants believe that the defense chief nominee's progressive stance will accelerate discussions about incorporating Bitcoin into national strategic reserves in the future.

Hegseth argued that the US must secure overwhelming leadership in the digital asset sector to counter China's technological offensive. He stated, "Bitcoin is a tool of freedom that allows us to transfer and store value without Chinese interference," urging a change in leadership. This stance is expected to directly impact future US virtual asset deregulation and industry promotion policies.

The virtual asset industry anticipates that Hegseth's security-centric approach will serve as an opportunity to solidify Bitcoin's legal status. As US defense strategy and financial policy converge, Bitcoin has emerged as a central asset in the global struggle for hegemony. With the concretization of national-level Bitcoin utilization plans, the geopolitical value of the virtual asset market is expected to rise further.

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