MARA: The United States must take decisive action to establish a strategic reserve of Bitcoin to protect national security through computing power control
2024-11-26 15:11:05
Odaily News MARA, a listed Bitcoin mining company, published an article on the X platform, calling on the US government to take decisive action to address the challenges and seize the opportunities brought by Bitcoin, while implementing the following strategic measures: 1. Create a US Bitcoin Strategic Reserve The United States should acquire Bitcoin as a strategic reserve asset. By holding Bitcoin, similar to the United States as a major holder of gold, the United States will ensure its ability to trade when global confidence in the US dollar weakens. 2. Invest in domestic Bitcoin mining The United States should prioritize expanding domestic Bitcoin mining operations to increase its share of global computing power. By controlling a larger portion of global computing power, the United States can ensure secure access to block space and protect its economic sovereignty. 3. Develop mining technology and promote self-sufficiency Encourage domestic production of mining hardware (ASIC chips) in the United States to reduce dependence on foreign suppliers. This will ensure that the United States does not rely on critical infrastructure in hostile countries, thereby enhancing technological self-sufficiency and strengthening national security. Fourth, implement supportive policies and regulations to formulate clear and comprehensive regulations to provide legal clarity for Bitcoin miners and investors. Providing incentives, such as tax breaks for incorporating renewable energy into mining operations, will further stimulate industry growth, technological progress and job creation. 5. Leading the global Bitcoin standard The United States should take a leading role in developing global standards for decentralized networks. By working with allies and ensuring that Bitcoin remains a neutral, open, and secure platform, the United States can promote the stability of global financial transactions and prevent the concentration of computing power in hostile countries. 6. Protect national security through computing power control As Bitcoin mining becomes more competitive, controlling a large amount of domestic computing power will protect the United States from foreign interference. Ensuring a strong share of global computing power can prevent hostile countries from censoring or delaying U.S. transactions, which could have serious economic consequences.
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