Categories: Bitcoin Latest News

Nic Carter Is Wrong About the US Strategic Bitcoin Reserve

When I saw Nic Carter’s recent Bloomberg interview, I couldn’t help but shake my head. Nic, who’s been a long-time Bitcoiner and someone I respect, said that the US shouldn’t—and won’t—buy Bitcoin for its strategic reserves because it would supposedly signal weakness in the dollar on the global stage. I get his argument, but I completely disagree. In fact, I think it’s the exact opposite.

In my view, adding Bitcoin to the US reserves would be a massive show of strength. It would send a message to the world that the US sees Bitcoin for what it is: a financial safeguard, a form of “digital gold,” and not some competitor to the dollar.

The US already holds tons of assets in its reserves—crude oil, diesel, uranium, foreign currencies, and over $500 billion in gold. None of those holdings makes the dollar look weak. Instead, they reinforce confidence in the dollar’s stability. Bitcoin would do the same.

Now, let’s talk about the risk of not buying Bitcoin. If the US refuses to include Bitcoin in its reserves, it sends a dangerous message: that the US is afraid of Bitcoin and views it as a threat rather than an ally. And here’s the kicker—if the US doesn’t act, another major country will.

Imagine what happens if China or Russia starts accumulating Bitcoin and positions it as an alternative to the dollar. That’s a terrifying thought for the US. But if the US buys Bitcoin, it changes the narrative entirely. It would integrate Bitcoin into the US financial system, showing the world that Bitcoin isn’t a threat—it’s part of the dollar’s ecosystem. Just like holding gold reserves doesn’t undermine the dollar, holding Bitcoin would only boost confidence in the US at the global level.

And let’s not forget Bitcoin has been the best-performing asset of the last decade. If you’re American, why wouldn’t you want the US to have the best asset in its reserves? It might even help pay down some of that $36 trillion debt someday.

So yeah, I think Nic Carter is wrong on this one. Adding Bitcoin to the US reserves wouldn’t signal weakness—it would scream confidence, strength, and forward-thinking leadership. If the US wants to stay ahead, it needs to act before someone else does.

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

Michael Saylor Urges Middle East to Become the ‘Switzerland of Bitcoin Banking’

The executive chairman of Strategy pitched BTC-backed banking and yield products as a $200 trillion…

10 minutes ago

Wall Street Giant Bernstein Predicts Bitcoin Price To Hit $1 Million By 2033

Wall Street research firm Bernstein has reiterated one of the boldest long-term calls in traditional…

10 minutes ago

Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin

Bitcoin Magazine Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin   The bitcoin…

10 minutes ago

Bitcoin Surges to $94K One Day Ahead of Expected Fed Rate Cut

The change from what's become typical bearish U.S. session action could signal seller exhaustion.Read MoreCoinDesk:…

1 hour ago

PNC Becomes First Major U.S. Bank to Offer Direct Bitcoin Trading to Clients via Coinbase

Bitcoin Magazine PNC Becomes First Major U.S. Bank to Offer Direct Bitcoin Trading to Clients…

1 hour ago

Binance Founder CZ Says the 4-Year Bitcoin Cycle Is Over — Predicts a Potential Bitcoin Supercycle

Bitcoin Magazine Binance Founder CZ Says the 4-Year Bitcoin Cycle Is Over — Predicts a…

1 hour ago