Why would bitcoin be a better reserve to the United States than oil?

[Fidelia]

Bitcoin is considered to be used as a strategic reserve by the United States government. The United States already holds reserves in oil and gold. Comparatively, how do you think Bitcoin would be a better reserve than gold for the United States?

 

[Suba]

If the United States has the largest Bitcoin reserves, it can not only dominate the global Bitcoin market but also compete with China. The price of Bitcoin is expected to continue to rise and in the long term will greatly reduce the US deficit, without having to raise taxes and strengthen the value of the USD. Bitcoin reserves can also reduce US debt. That is why Bitcoin is considered better than oil and gold.

 

[mrki444]

It will be just small part in bitcoin. They will sell it and buy it. If we can follow them as whale, it could be good and predicite market.

 

[Nomad]

Yes. That's because the world is going green and the value of oil will deplete as green energy will be adapted more.

 

[Augusta]

I think that Bitcoin would be a good hedge against inflation. So some of them know this and are taking advantage