"If you look at the leadership of the U.S. military right now, you can see support for a strategic Bitcoin stockpile," Lummis said in an interview with Bloomberg.
"Some generals, particularly those stationed in Southeast Asia, have said they need to secure Bitcoin as a strategic asset, given that the U.S. is in an economic war with China and needs to prepare for a real all-out war," he said.
"Some people believe that there is a need for it," he added. This suggests that there is quiet discussion about making Bitcoin a strategic reserve asset amid rising economic tensions between the U.S. and China.
Lummis' comments came in response to a question related to recent trade and geopolitical tensions between China and the United States, which has been under scrutiny by Donald Trump.
President Trump imposed heavy tariffs on most trading partners and then lifted most of the tariffs, but pressure on China continues.
A temporary trade agreement was reached to ease the tensions, but tensions have risen again recently. Lummis' comments indicate that the U.S. Congress and military leaders are considering Bitcoin as a national asset rather than simply a currency.
This is the first case showing that the United States may be considering Bitcoin as a strategic asset for military and diplomatic purposes.
This could have a significant impact on digital asset policy. Meanwhile, Cointelegraph has requested an official position from the US Department of Defense on this matter, but had not received a response as of the time of writing.
2025/06/04 16:42 KST
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