America is the envy of the world, which is supported by our unparalleled economic strength, and derives from the sovereignty of the US dollar as the favorite currency. Recently, however, our hegemony has eroded. Whether it is due to negligence by previous administrations or the economic aggression of opponents, the forms of other currencies increased in an attempt to replace the dollar. However, our ability to benefit from access to US -backed financial institutions has shrunk. The efforts made to undermine our monetary hegemony led to the fragmentation of the world's financial system and was characterized by the erosion of the global influence of America.
Moreover, our national debt has become a financial diameter that threatens our ability to remain the only global superpower. We now spend more than our national budget on benefits payments on our national debt more than we spend on vital services and social benefits. This should stop.
President Trump has a bold vision for our country – which he was carrying out with skill and speed. The cornerstone of its vision is to re -dominate America's monetary dominance, re -establish the conditions of stability in the long term, and the repetition of our time on the world stage.
The president's executive order to create a strategic bitcoin reserves should come as a non -partisan pragmatic step in restoring America's dominance. The president understands that bitcoin can be used exactly as we used gold to support the US dollar. Bitcoin is one of the estimated assets the ability to reduce our national debt for years or even get rid of them. The president sees his capabilities and wants us to harness it in favor of our nation.
Along with EO for the president, she participated in sponsoring a draft law written by Senator Cennis Lomes of Wyoming for his blogging in a law of what the president put forward through his visual executive order. Financial markets flourish with certainty and stability, as well as bitcoin. Through the enactment of the president's executive order in law, we accomplish the following: providing stability for the designed endeavor to help us build economic flexibility and geopolitical power.
The good news is that we already have billions of bitcoin. Let's make it work for us, let's grow, and let us protect us while we are early in the game. We are leading the world on a journey, in the race to the moon, now worked to make America a pioneer in artificial intelligence, and our mentality with Bitcoin should not be different. We need to show the world that we are home to financial innovation in the future.
I explained before the need to clarify Bitcoin and other encrypted currencies of people in the homeland – for those whom I call “Toby and Eda”. We need them to understand that this is not just a gambling on Penny shares, and the embrace of Bitcoin as we do gold will lead to the stadium leveling for families and small companies alike: allowing them to grow and prosper.
The issue remains relatively non -partisan at the present time, whether it is due to the indifference of learning from Bitcoin or simply because of the new concept, but this gives us an opportunity to teach people here in Washington in addition to Tobys and Edith throughout the country, the benefits of using the strategic Bitcoin.
Running along with education is a guarantee that our organizational framework encourages innovation and economic growth. We want to get this properly the first time. With the supervision of the regulation of digital assets from my position in the Senate Agriculture Committee, I intend to provide a fundamental discussion to the table, and work with CFTC to build an organizational framework suitable for growth, and set a definition between CFTC and SEC when it comes to judicial supervision of digital assets.
I look forward to buying from the inside and outside Washington on Bitcoin, and it is possible that you will keep us safe and flourish as a country. We all have a job to do it. On the one hand, I will rotate my sleeves and enter it to make President Trump's vision of Bitcoin a reality.
This is a guest post from Jim Adl. The opinions that are expressed are completely property and do not necessarily reflect the views of BTC Inc or Magazine Bitcoin.