Congressman Nick Begich from Alaska began discussing his BITCOIN Act of 2025 before the U.S. House of Representatives to create America’s Strategic Bitcoin Reserve for national financial protection and freedom from economic dependence.
At the Bitcoin for America Summit, Begich explained why Bitcoin needs to be used as a strategic asset to keep the United States at the top of global economic leadership. He launched the news about his legislation through his X account and explained:
“Today, I introduced the BITCOIN Act of 2025 in the U.S. House. The war on innovation is over and the golden age of digital currency has arrived.”
Today, I introduced the BITCOIN Act of 2025 in the U.S. House.
The war on innovation is over and the golden age of digital currency has arrived. pic.twitter.com/5GvbP0nH4y
— Congressman Nick Begich (@RepNickBegich) March 11, 2025
Strategic Bitcoin Reserve Strengthens U.S. Economic Leadership
The BITCOIN Act declare Bitcoin equal to gold reserves because it protects financial stability in the long run. Begich pointed out the urgent need for his bitcoin legislation through his statement.
The United States needs to stay competitive with the latest financial evolution. The United States can keep its economic dominance and worldwide leadership position by using digital assets to fight against foreign monetary policies through a Strategic Bitcoin Reserve.
Just a few minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve.
The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it…
— David Sacks (@davidsacks47) March 7, 2025
The bill expands upon what former President Donald Trump began by creating a nationwide Bitcoin strategy under Executive Order. Begich notes that the bill makes President Trump’s Executive Order a permanent part of our national strategy which began under his leadership. The announcement details:
“The BITCOIN Act directs the acquisition of 1 million bitcoin over a five-year period, mirroring the scale and strategic importance of U.S. gold reserves.”
Funding the BITCOIN Act Without Burdening Taxpayers
The legislation shows how to generate funding for the reserve by leveraging Federal Reserve transfers and gold certificate values along with other avenues that do not increase taxpayers’ responsibilities.
The nation expands its economic security through prudent Bitcoin additions to its reserves. All Bitcoin holdings will be kept safe in secure facilities to offer security and financial endurance to the United States Treasury.
The Senate continues to support this initiative as Senator Cynthia Lummis of Wyoming now leads the efforts with her companion bill. Lummis champions digital assets because she declares Bitcoin as essential to America’s financial future.
The BITCOIN Act is back. pic.twitter.com/WNeU6SWPj3
— Senator Cynthia Lummis (@SenLummis) March 11, 2025
Embracing Bitcoin to Secure America’s Financial Leadership
America needs to embrace Bitcoin as a modern requirement for maintaining its status as a global financial leader during the twenty-first century. The law promotes individual Bitcoin ownership freedom by stopping the federal government from controlling how people hold and own Bitcoin.
Legislation needs to come from Congress according to Begich because Bitcoin now holds $1.2 trillion in market value. Through the BITCOIN Act of 2025 the United States advances its digital asset strategy to lead economic progress.
The BITCOIN Act gains bipartisan backing as it shows the nation is ready to fully embrace cryptocurrency which supports both its economic strength and global leadership position.
Conclusion
The BITCOIN Act of 2025 represents an important move to secure America’s economic future. Through the Strategic Bitcoin Reserve the bill supports US financial leadership while resisting worldwide monetary problems and building economic independence. Public approval for Bitcoin is now becoming an important part of national strategies.
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FAQs
1. What is the BITCOIN Act of 2025?
A bill to create a U.S. Strategic Bitcoin Reserve for financial security and economic leadership.
2. How will the U.S. acquire Bitcoin?
Through Federal Reserve remittances, gold certificate revaluations, and budget-neutral strategies.
3. Does the bill protect private Bitcoin ownership?
Yes, it prohibits federal restrictions on Bitcoin ownership and self-custody.
Glossary Of Key Terms
BITCOIN Act – A bill to create a U.S. Bitcoin reserve.
SBR – A national Bitcoin reserve for economic security.
Fed Remittances – Federal Reserve payments funding Bitcoin purchases.
Gold Revaluations – Adjusting gold value to buy Bitcoin.
Cold Storage – Offline Bitcoin storage for security.
Reference
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