Coinbase CEO Brian Armstrong has urged governments around the globe to establish strategic Bitcoin reserves, calling cryptocurrencies “the next chapter of capitalism.” He argues that holding Bitcoin could serve as a hedge against inflation and currency devaluation, adding resilience to national financial systems. Armstrong’s proposal comes as countries including Bhutan, El Salvador, and several G20 members explore integrating Bitcoin into their sovereign reserves.
This shift reflects growing institutional recognition that Bitcoin may complement traditional assets like gold. Advocates suggest that government involvement could enhance Bitcoin’s credibility, deepen markets, and help manage economic uncertainty more effectively.
