Why I’m engaged in Bitcoin

The United States is the jealousy of the world, the foundation of our unparalleled economic power, and originates from the supremacy of the US dollar as the currency of choice. However, recently, our dominance has been eroded. Whether due to the negligence of the former government or the economic aggression of the rivals, other forms of currencies are trying to replace the dollar. In this way, we utilize the access capabilities of financial institutions we support reduce. Efforts to undermine our currency dominance have led to the dispersion of the world’s financial system and marked the erosion of US global influence.

Furthermore, our Treasury bonds have become a financial albatross, threatening our ability to become a global superpower. Now, we spend more on national debt than on interest on important services and social interests. This must stop.

President Trump has a bold vision for our country – a vision he has always implemented with skill and speed. One cornerstone of his vision is to restore the United States’ monetary dominance, rebuild long-term and stable conditions, and reaffirm our reliability on the world stage.

The president’s executive order to establish a strategic Bitcoin reserve should be a step toward the restoration of American dominance. The president understands that Bitcoin can be used, just like we use gold to strengthen the dollar. Bitcoin is an appreciative asset that has the potential to reduce our country’s debt over the years, or even eliminate all of them. The President sees its potential and hopes that we can use it for the benefit of our country.

At the same time as the President’s EO, I co-sponsored a bill written by Wyoming Senator Cynthia Lummis to launch the President through his visionary executive order. Financial markets are booming in certainty and stability, as are Bitcoin. By incorporating the President’s executive order into law, we accomplished: providing stability for efforts aimed at helping us build economic resilience and geopolitical forces.

The good news is that we already have billions of bitcoins. Make it work for us, let us develop, and then protect us as we wake up early. We are in flight, leading the world in the moon race, and we are now committed to making the United States a leader in AI, and our mentality about Bitcoin should be no exception. We need to show the world that we are the home of future financial innovation.

Before I need to articulate Bitcoin and other cryptocurrencies to the people at home, I have explained those called “Toby and Edith.” We need them to understand that it is not just gambling on a penny stock, but embracing Bitcoin like gold like us will enhance the competitive environment for families and small businesses: allowing them to grow and thrive.

For the moment, this issue remains relatively nonpartisan, whether due to indifference learning Bitcoin or simply because of new things about the concept, but it gives us the opportunity to teach people in Washington, and to use the benefits of strategic Bitcoin reserves here at Tobys and Ediths across the country.

Going side by side with education ensures that our regulatory framework encourages innovation and economic growth. We want to do this for the first time. Through oversight of digital asset regulation in my post on the Senate Agricultural Committee, I intend to bring substantive discussions to the table, work with the CFTC to build a growth-friendly regulatory framework and specify a demarcation between the CFTC and the SEC that oversees the jurisdiction of digital assets.

I look forward to buying Bitcoin from both inside and outside of Washington, which has the potential to make us a nation safe and prosperous. We all have work to do. I will roll my sleeves and throw them in to make President Trump’s vision of Bitcoin a reality.

This is a guest post from Jim Justice. The opinions expressed are entirely their own and do not necessarily reflect the views of BTC Inc or Bitcoin Magazine.