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Bitcoin Updates: U.S. Postpones Bitcoin Reserve While Countries Race to Secure Digital Gold

Bitcoin Updates: U.S. Postpones Bitcoin Reserve While Countries Race to Secure Digital Gold

Bitget-RWA2025/11/19 11:16
By:Bitget-RWA

- U.S. delays strategic Bitcoin reserve as Mike Alfred warns global competitors like Pakistan and El Salvador accelerate digital asset adoption. - Analysts highlight risks of delayed accumulation, including higher costs and reduced geopolitical influence amid early adopters securing Bitcoin at lower prices. - While Trump's executive order laid groundwork, federal inaction contrasts with global initiatives like Marshall Islands' blockchain-based UBI and Czech Republic's $1M crypto test portfolio. - Experts

According to crypto entrepreneur Mike Alfred, the U.S. government is not expected to launch its Strategic

Reserve until other countries have made substantial moves to accumulate the digital currency. This wait-and-see attitude among industry experts, who worry that the U.S.—the world’s largest economy—could lose ground in the international race to treat Bitcoin as a strategic resource. Although President Donald Trump’s executive order in March set the stage for a Bitcoin reserve that would not impact the federal budget, , leaving the U.S. on the sidelines as nations such as Pakistan and El Salvador push forward with their digital asset agendas.

Alfred, who often comments on Bitcoin’s role in the global economy, believes that the U.S. will only move forward under mounting international pressure. “The government will only pick up the pace when there’s enough pressure from abroad,” he said during a recent podcast,

when it perceives geopolitical competitors gaining an upper hand. This cautious approach stands in contrast to the urgency voiced by analysts like Galaxy Digital’s Alex Thorn, who recently suggested there is a “strong chance” the U.S. could reveal its Bitcoin reserves before the year ends .

The U.S.’s reluctance

in dealing with unclear regulations and political disagreements about cryptocurrency’s place in national financial systems. Some critics caution that postponing Bitcoin accumulation may lead to higher costs and a weaker geopolitical stance, as early movers acquire Bitcoin at more favorable prices. the U.S. to act without delay, warning that countries like Pakistan are already positioning themselves to surpass the U.S. in digital asset adoption.

Despite the current pause, Bitcoin’s emergence as a strategic reserve asset seems unavoidable. Alfred forecasts that Bitcoin could hit $1 million by 2033, a projection

from ARK Invest’s Cathie Wood and Coinbase CEO Brian Armstrong. By then, Alfred expects most governments will hold Bitcoin—either directly or through intermediaries—treating it similarly to gold.
Bitcoin Updates: U.S. Postpones Bitcoin Reserve While Countries Race to Secure Digital Gold image 0
This perspective is shared by the Czech Republic, which recently started a $1 million pilot portfolio including Bitcoin, stablecoins, and tokenized deposits, to investigate digital assets for official reserves.

Elsewhere, other countries are moving quickly to adopt digital assets. The Marshall Islands has introduced a Universal Basic Income (UBI) program based on blockchain technology using its USDM1 stablecoin, while El Salvador continues to strengthen Bitcoin’s status as legal currency. These developments

to define its own approach, especially as the Marshall Islands government stands by its digital policies despite the International Monetary Fund’s warnings about potential economic risks.

The U.S. is not entirely absent from these advancements.

the first state to authorize a municipal bond backed by Bitcoin, using as security for public funding. This step, along with Trump’s executive order, highlights the growing interest among institutions in Bitcoin’s potential. Still, the absence of a coordinated federal policy leaves the country exposed to a patchwork of initiatives, with states and private organizations stepping in to fill the gap.

As the pace of global adoption quickens, the U.S. stands at a pivotal point. While Alfred recognizes the progress made—citing Trump’s executive order as a significant milestone—he stresses that “progress alone isn’t sufficient” if Washington delays too long

. With Bitcoin’s market cap near $91 billion and ongoing volatility, the opportunity for strategic action is shrinking. Whether the U.S. will take the lead or be forced to catch up in this new era of digital assets is still uncertain, but the intensifying global competition means the window for action is closing fast.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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