Albert Morgan

100 Reasons For Bitcoin

22nd Reason For National Bitcoin Reserve: Secure Crypto Custody Advances National Cyberdefense

Government adoption of Bitcoin custody requires developing robust security practices and cryptographic expertise. When nations establish Bitcoin reserves, they must master advanced encryption, multi-signature schemes, cold storage, and key management protocols. These same security capabilities strengthen national cyber defense systems and protect critical infrastructure against evolving digital threats. 🧡This article

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New BITCOIN Act Proposes 1 Million BTC Purchase Over 5 Years

The U.S. Congress is considering new legislation called the BITCOIN Act that would direct the Treasury Department to create a Strategic Bitcoin Reserve by purchasing up to 1 million Bitcoin over a five-year period. According to the proposal, the government would need to hold these Bitcoin reserves for a

100 Reasons For Bitcoin

21st Reason For National Bitcoin Reserve: Transparent BTC Addresses Bolster Public Confidence

Government Bitcoin reserves stored in publicly viewable blockchain addresses allow citizens to verify national holdings without relying on traditional audit processes. Countries can prove their Bitcoin reserves exist in real-time through blockchain explorers, establishing a new standard for fiscal transparency. This direct verification reduces the risk of misreporting and builds

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Fort Knox Audit Plans Signal Growing Interest in Digital Asset Storage

A potential audit of Fort Knox's gold reserves, proposed by former President Donald Trump, could lead investors to shift their focus toward bitcoin and other digital assets, according to market analysts. The U.S. gold reserves have not undergone a complete independent audit since the 1950s, making this

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South African Company Altvest Starts Bitcoin-Only Investment Strategy

South African investment company Altvest Capital has made its first Bitcoin purchase, buying one BTC as part of its new investment strategy focused exclusively on Bitcoin. The company announced its entry into the Bitcoin market on February 21, 2024, specifically noting it would not include other cryptocurrencies in its strategy

100 Reasons For Bitcoin

20th Reason For National Bitcoin Reserve: Real-World Bitcoin Use Cases Propel CBDC and Smart Contract Development

Central banks worldwide can gain practical insights from Bitcoin's network operations to develop their digital currencies and smart contract systems. The decentralized nature of Bitcoin provides a working model for testing transaction processing, security protocols, and network scaling. This real-world experience helps central banks understand the technical challenges

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Czech National Bank Chief Pushes for Bitcoin Research

As reported by Coinpaper Czech Central Bank Governor Aleš Michl has proposed creating a Bitcoin test portfolio and called for extensive research into the cryptocurrency's technology, showing a progressive stance among traditional banking institutions. The announcement came through his February 19 social media post, where he shared his

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Trump Promises US Leadership in Cryptocurrency Markets

President Donald Trump declared he has ended what he characterized as the Biden administration's opposition to Bitcoin and cryptocurrency during his speech at the FII PRIORITY Summit in Miami Beach on Wednesday in a report from Cryptobriefing. Trump said his executive orders aim to keep the United States

100 Reasons For Bitcoin

19th Reason For National Bitcoin Reserve: Low-Fee Crypto Channels Improve Remittance Efficiency

Bitcoin's low-fee payment channels offer nations a powerful tool to improve remittance efficiency, with transaction costs dropping from traditional 6-7% to below 1%. This reduction directly impacts over 800 million people who rely on remittances, enabling migrant workers to send more money home while reducing operational costs for

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Google Explores Ways to Bridge Traditional and Crypto Payment Systems

Google is working on plans to make Bitcoin and other cryptocurrencies more accessible to everyday users, according to statements made by Kyle Song, Google's Web3 Specialist, at the Bitcoin Tech Carnival in Hong Kong on February 18 in a report from Bloomingbit. The tech giant aims to create

100 Reasons For Bitcoin

18th Reason For National Bitcoin Reserve: Adopting Bitcoin Fosters Deeper International Economic Cooperation

Nations holding Bitcoin reserves open direct paths for international trade and joint ventures without relying on third-party financial institutions. Through the Bitcoin network, countries can transfer value and settle transactions in minutes rather than days, reducing costs and complexity in cross-border cooperation. This system enables faster execution of shared infrastructure

100 Reasons For Bitcoin

17th Reason For National Bitcoin Reserve: Lightning and Layer-2 Solutions Enable Real-Time Microtransactions

Bitcoin's Layer-2 solutions, particularly the Lightning Network, allow nations to process millions of small-value transactions per second at minimal cost. This capability transforms how countries can handle domestic payments and cross-border settlements. The Lightning Network processes transactions in milliseconds with fees often less than $0.01, making it

100 Reasons For Bitcoin

16th Reason For National Bitcoin Reserve: Mobile Wallets Advance Financial Inclusion for the Unbanked

Mobile Bitcoin wallets on smartphones create a direct path to financial services for 1.4 billion unbanked people worldwide, without requiring physical bank branches. The combination of rising smartphone adoption in developing regions and Bitcoin's borderless nature enables nations to serve remote populations through digital infrastructure rather than

100 Reasons For Bitcoin

15th Reason For National Bitcoin Reserve: Decentralized Custody Protects Sovereign Funds From External Freezes

The ability to maintain direct control over national reserves has become a critical concern for governments worldwide following recent high-profile asset freezes. In 2022, over $300 billion of Russia's foreign reserves were restricted by Western nations, while Venezuela lost access to $1.2 billion in gold stored at

100 Reasons For Bitcoin

14th Reason For National Bitcoin Reserve: Transparent Ledgers Strengthen Governmental Accountability

Public Bitcoin wallets for national reserves create an unprecedented level of financial transparency between governments and citizens. When nations add Bitcoin to their reserves and publish their wallet addresses, they enable real-time monitoring of state funds by anyone with internet access. This system allows citizens to verify government holdings, track

100 Reasons For Bitcoin

13th Reason For National Bitcoin Reserve: Neutral Digital Assets Reduce Overreliance on the US Dollar

The global financial system's dependence on the US dollar creates risks for nations during periods of economic uncertainty and geopolitical tension. Countries holding significant USD reserves face potential asset freezes, payment system exclusions, and value fluctuations tied to US monetary policy decisions. Bitcoin offers nations a politically neutral