Jack Mallers, CEO of payment platform Strike, has made a powerful case for the United States to embrace Bitcoin (CRYPTO: BTC) as a strategic reserve asset.
What Happened: In an interview with CNBC on Thursday, Mallers compared the potential adoption of Bitcoin by the U.S. government to pivotal moments in economic history, including Nixon’s departure from the gold standard in 1971.
A Vision For Bitcoin As A National Asset
Mallers argued that Bitcoin’s decentralized and transparent nature aligns perfectly with American values such as equal rights and open opportunity.
He described Bitcoin as “an asset that was accessible to the people 15 years ago, that the people own. Governments only own 2, 3, 4% of this asset.”
According to Mallers, embracing Bitcoin is a way for the U.S. to remain competitive and innovative.
“It acts in the …
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