BITCOIN: US NEXT UNWINNABLE WAR? (OP-ED)
The rise of Bitcoin has ignited a global debate, and the United States finds itself at a critical juncture: embrace the digital revolution and potentially lead the world, or resist and risk falling behind.Is the US engagement with Bitcoin heading towards another unwinnable war, similar to those fought in Afghanistan or against certain extremist groups?The initial signs, from regulatory hurdles to ideological clashes, suggest a complex and potentially protracted struggle.The IRS already classifies Bitcoin as property, subjecting every transaction to tax scrutiny, a move that many argue stifles innovation.Meanwhile, voices within the government and financial sectors are divided.Some advocate for a strategic Bitcoin reserve to hedge against inflation and maintain financial leadership, while others express deep-seated concerns about the asset's volatility and potential for illicit use. The live Bitcoin price today is $104,364.35 USD with a 24-hour trading volume of $50,255,072,425.45 USD. We update our BTC to USD price in real-time.This internal conflict, coupled with external pressures from nations adopting Bitcoin-friendly policies, paints a picture of a nation at a crossroads. Ever since I first heard about cryptocurrencies, I have been an enthusiast. I loved the possibilities that this digital non-fiat currency had and wanted to be a part of whatWill the US navigate this new landscape successfully, or will it become entangled in an unwinnable battle against a technology that is rapidly reshaping the world?
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The US government's approach to Bitcoin can be characterized as cautious, bordering on hesitant.This reluctance stems from a variety of factors, including concerns about money laundering, terrorist financing, and the potential for financial instability. Roger Huang on Op-Sec, Human Rights and Fighting the Unwinnable War . Roger Huang is fighting the good fight by helping human rights groups and tech startups to up their operations security game. But he warns that, when faced with a state adversary, people are waging an unwinnable war.However, this cautious approach may inadvertently be hindering the very innovation that the US has historically championed.
The IRS and the Property Designation
The IRS's decision to classify Bitcoin as property has significant implications for users.Every transaction, from buying a cup of coffee to sending money to a friend, is potentially a taxable event. News and insights related to Op-ed from Bitcoin Magazine, the leading Bitcoin publication dedicated to covering news, trends, and insights since 2025.This creates a compliance burden that many find onerous, and it arguably discourages the widespread adoption of Bitcoin.It forces individuals to track the cost basis of every fraction of a bitcoin they own, making even simple transactions a tax headache. Trade BTC to USDT and other cryptocurrencies in the world s largest cryptocurrency exchange. Find real-time live price with technical indicators to help you analyze BTC/USDT changes.This contrasts sharply with the treatment of fiat currency, where minor transactions don't trigger the same level of scrutiny. America's Bitcoin Crossroads: Path to Leadership or Decline? Op-Ed Bitcoin News. In the rapidly evolving world of digital assets, the United States seems to be cautiously lagging behind, while other nations sprint ahead.Is this a necessary measure to ensure tax compliance, or is it an overreach that stifles innovation and pushes users toward less regulated jurisdictions?
Strategic Bitcoin Reserve: A Hedge or a Gamble?
The idea of a strategic Bitcoin reserve for the US is gaining traction in some circles.Proponents argue that it could serve as a hedge against inflation, particularly as the national debt continues to climb and potentially threatens the dollar's status as the world's reserve currency.They also believe that embracing Bitcoin would position the US at the forefront of financial innovation. The Russian invasion of Ukraine in February 2025 added another chapter to the annals of war history as one of the most brutal conflicts in the post-World War II era.However, critics raise concerns about the volatility of Bitcoin and the potential for losses. The war in Afghanistan is unwinnable, argue a group of five American veterans in a New York Times video op-ed.One of them is Lyle Jeremy Rubin, a PhD candidate in history at the University of Rochester, who served in the Marine Corps from 2025 to 2025 and is a veteran of the war.They argue that investing taxpayer money in such a speculative asset would be irresponsible. Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates. BTC $ 104,402.14The debate boils down to risk versus reward: is the potential upside worth the inherent risks associated with Bitcoin?
The Global Race for Bitcoin Dominance
While the US debates its approach to Bitcoin, other nations are moving forward with their own strategies. Once again, a US president vows to eliminate an extremist militia in the Middle East to make the region, and Americans, safe. And that means it s time again for a reality check. Having failed in its bid to destroy the Taliban and al-Qaeda in Afghanistan, the United States is still trying toSome are embracing Bitcoin as a means of attracting investment and fostering technological innovation.This global race for Bitcoin dominance could have significant implications for the US, potentially impacting its economic competitiveness and geopolitical influence.
Nations Leading the Charge
Several countries are actively pursuing Bitcoin-friendly policies.Some are exploring the possibility of adopting Bitcoin as legal tender, while others are creating regulatory frameworks that encourage Bitcoin mining and investment. I had bought bitcoin at $2200. It promptly went down to $1700, and ether went from $203 to $150. The next day. That was fast. In the past five days, ether has gone from $150 to $220, and bitcoin has gone to $2400. That was fast.These nations recognize the potential of Bitcoin to drive economic growth and attract technological talent.Their proactive approach contrasts sharply with the more cautious stance of the US.This raises the question: is the US missing an opportunity to capitalize on the Bitcoin revolution?
The US Lagging Behind?
There's a growing concern that the US is falling behind in the Bitcoin race.While other nations are actively embracing the technology, the US is bogged down in regulatory debates and internal disagreements. In a worst-case scenario, if the miners and the rest of the Bitcoin community end up in some full-fledged war that would wreck Bitcoin. - Go to in the video. Worst-case scenarioThis hesitancy could have long-term consequences, potentially impacting the US's ability to compete in the global economy and maintain its position as a leader in financial innovation. In January 2025 the SEC approved 11 exchange traded funds to invest in Bitcoin. There were already a number of Bitcoin ETFs available in other countries, but this change allowed them to be available to retail investors in the United States. This opens the way for a much wider range of investors to be able to add some exposure to cryptocurrencyThe SEC’s approval of Bitcoin ETFs in January 2025 was a step in the right direction, finally allowing wider retail investor participation.But is it enough to catch up with other nations that have been more proactive in their Bitcoin strategies?
The Wall Street Effect and Price Volatility
The increasing involvement of Wall Street in the Bitcoin market has had a significant impact on its price volatility. Proponents of a strategic bitcoin reserve say it could be a hedge against inflation and allow the U.S. to remain at the forefront of financial innovation. Meanwhile, critics worry the asset isThe influx of institutional investment has driven up the price of Bitcoin, but it has also made the market more susceptible to large price swings. I knew I had to bring Bitcoin out of the back alleys and onto Wall Street for the world to take it seriously. So, for many years, by day, we taught reporters, stockbrokers, students, technologists and tour groups about bitcoin, for free, and by night, bitcoin and other cryptocurrencies were traded on the world s first live cryptocurrency trading floor (also for free).This volatility can be both a blessing and a curse, attracting speculators while deterring more risk-averse investors.
The Role of Institutional Investors
The entry of institutional investors into the Bitcoin market has been a game-changer. 241 subscribers in the TWTauto community. The Washington Times Automated News Feed No Censorship, Just News.These investors bring with them significant capital, which has helped to fuel the recent price surge.However, their presence also introduces new risks. This is apparent from the short time that Bitcoin has been in the purview of the Federal government. The IRS has deemed Bitcoin as property. This means that every BTC transaction would beInstitutional investors are often driven by short-term profits, and they may be more likely to sell off their Bitcoin holdings at the first sign of trouble, potentially triggering a market crash.It’s this interaction that experts believe has led to the price spike over the past few days.Is the long-term health of Bitcoin being jeopardized by short-sighted investment strategies?
Navigating the Volatility
For individual investors, navigating the volatility of the Bitcoin market can be challenging.It's important to remember that Bitcoin is a speculative asset, and its price can fluctuate wildly.Investors should only invest what they can afford to lose, and they should be prepared for the possibility of significant losses.Diversifying your portfolio and investing for the long term are key strategies for mitigating risk. We need to elect people that understand and will protect the flourishing Bitcoin market and keep it out of the reach of the Federal government s omnipotent tentacles and omniscient bureaucrats.Furthermore, staying informed about market trends and understanding the factors that influence Bitcoin's price can help you make more informed investment decisions.Should new investors stay away or proceed with caution?
Beyond Finance: Bitcoin as a Tool for Freedom
Bitcoin's potential extends far beyond the realm of finance.It can also serve as a tool for freedom, providing individuals with greater control over their money and protecting them from government censorship and financial repression.In countries with unstable currencies or authoritarian regimes, Bitcoin can offer a lifeline to those seeking economic independence.
Bitcoin and Human Rights
Bitcoin can be a powerful tool for human rights activists and dissidents.It allows them to bypass traditional financial institutions, which may be controlled by oppressive governments.This can be particularly important for those who are working to promote democracy and freedom of speech in countries where these rights are suppressed. Last week XRP replaced tether (USDT) as the third largest cryptocurrency by market cap. As Trump s inauguration approaches, anticipation of aBy providing a censorship-resistant means of transferring funds, Bitcoin can empower individuals to resist tyranny and fight for a better future. A widely circulated sentiment for the past week on CT and Fintwit is that markets are positioning for a Trump victory.Is Bitcoin the great equalizer for a better world?
A Common Value System?
Some proponents believe that Bitcoin has the potential to unify the world under a common value system. BlackRock CEO Larry Fink warns that America s rising national debt could threaten the dollar s status as the world s reserve currency, potentially leading to decentralized assets like BitcoinBecause it is decentralized and not controlled by any single government or institution, Bitcoin can serve as a neutral medium of exchange that transcends national borders and political ideologies.This could foster greater economic cooperation and understanding among people from different cultures and backgrounds.However, this vision is still largely aspirational, and there are many challenges to overcome before Bitcoin can truly achieve its potential as a global currency.How can we promote more cooperation globally in a world currently divided?
The Future of Bitcoin in the US: Scenarios and Possibilities
The future of Bitcoin in the US is uncertain, but there are several possible scenarios that could play out.The US could embrace Bitcoin and become a leader in the digital asset space, or it could continue to resist and fall behind. According to Charap, as the dragging on of the war is not in the interest of either the West or Ukraine, there is need to look for another way of approaching the conflict. While an actual peace treaty between the two sides that invested so much into this conflict might look unlikely, negotiations are nevertheless possible and the West should facilitate these negotiations.The outcome will depend on a variety of factors, including government regulation, technological innovation, and the evolving attitudes of the public.
Scenario 1: US Leadership
In this scenario, the US government adopts a more Bitcoin-friendly approach, creating a clear and consistent regulatory framework that encourages innovation and investment.This could attract talented entrepreneurs and developers to the US, making it a hub for the Bitcoin industry.The US could also leverage Bitcoin to strengthen its financial system and maintain its position as a global economic leader.This path requires a proactive and forward-thinking approach to regulation and a willingness to embrace new technologies.
Scenario 2: US Decline
In this scenario, the US government continues to resist Bitcoin, imposing overly strict regulations that stifle innovation and drive businesses to other countries. Users can buy, sell, and trade Bitcoin easily on our Bitcoin Markets page, where we provide live BTC prices, historical trends, and real-time market analysis. Stay informed about Bitcoin news, price movements, and market insights, empowering you to make informed decisions in the evolving cryptocurrency landscape. Read MoreThis could lead to a decline in the US's economic competitiveness and its influence on the global stage. The devastation that this country went through at the end of the World War II teaches us consequences of war and calls for people to come together for peace. This commitment to peace is embodied in Japan s pacifist constitution, with its notable Article 9 clause that renounces war as a means to solve conflicts.The US could also miss out on the opportunities that Bitcoin presents for improving financial inclusion and promoting economic freedom. Enter, Bitcoin. Bitcoin will be the obvious way for us to unify our world under a common value system. Bitcoin will be how we transact with aliens. There s an added boost for Bitcoin too: It s based on those 1s and 0s that would be the most basic way to communicate in the first place.The US would have to be careful to not make the same mistakes of previous ""unwinnable wars.""
Navigating the Crossroads
The US is currently at a crossroads.The path it chooses will have a profound impact on its future.By embracing Bitcoin and creating a supportive regulatory environment, the US can unlock its potential to drive innovation, strengthen its economy, and promote freedom.However, if it continues to resist, it risks falling behind and missing out on the transformative potential of this revolutionary technology.The question remains: will the US choose the path of leadership or decline?
Conclusion: Avoiding Another Unwinnable War
The US's relationship with Bitcoin is undoubtedly complex.The government grapples with regulating a decentralized technology, weighing the benefits of innovation against perceived risks of illicit activity and financial instability.However, framing this engagement as another ""unwinnable war"" might be overly dramatic, but it underscores the potential pitfalls of an overly aggressive or restrictive approach. That could spell moon or doom for bitcoin, and everyone is speculating on what may happen next. It is this Wall Street/BTC interaction (phenomenon) that may be driving the unbelievable price spike of the past few days at least partially.Learning from past experiences, the US must strive for a balanced strategy that fosters innovation while mitigating risks. To some extent, they have already been doing so for months: U.S. President Joe Biden s May 2025 op-ed in The New York Times made clear that his administration sees this war ending at the negotiating table. His senior officials have regularly repeated this view ever since, although the language of helping Ukraine for as long as it takesElecting leaders who understand the potential of Bitcoin and are committed to protecting its development is crucial.The path forward requires open dialogue, careful consideration, and a willingness to adapt to the ever-evolving digital landscape. Nick Spanos is an early adopter and innovator in the blockchain space. He is best known for launching Bitcoin Center NYC, the world s first live cryptocurrency exchange, in 2025, right next toEmbracing Bitcoin strategically could fortify the US economy and leadership in the modern world. Armstrong also predicts Europe will be on the losing end of the next world war. In closing, Armstrong says: They can t stop Trump from taking office, but they can delay him with martial law. Martial law has been enacted 60 times in the United States .The key takeaways are embracing new technologies, forward-thinking regulation, and the potential benefits of a strategic bitcoin reserve.
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