Charles Esther
US Senator Cynthia Lummis has revealed that some divisions within the American military back the concept of creating a national Bitcoin reserve.
This initiative is seen as a strategic response to threats arising from ongoing economic wars.
During a Bloomberg interview on June 3, Lummis explained that certain US generals, particularly those stationed in Southeast Asia, support holding Bitcoin (BTC) as part of a broader geopolitical strategy.
“All we need to do is look to the leadership of the current US military to find support for a strategic Bitcoin reserve,” Lummis stated.
She added, “There are generals, especially in Southeast Asia, who believe it’s important to have a strategic Bitcoin stockpile because we’re doing an economic war with China and we have to prepare for a guns and bullets war. But we need both.”
Cointelegraph reached out to the US Department of Defense for comment, but no response was available by the time of publication.
Background on US-China Economic Tensions and Crypto Policy
Lummis’s remarks came amid rising tensions between the United States and China, which have been a focus since the Trump administration’s trade wars.
Initially, Trump’s tariffs applied broadly to most US trading partners but were later narrowed to target China exclusively.
The two countries reached a temporary trade deal that eased some of the tensions.
During his 2024 presidential campaign, Donald Trump expressed strong support for positioning the US as the “world capital of crypto.”
He told Bloomberg, “If we don’t do it, China is going to pick it up and China’s going to have it, or somebody else, but most likely China.”
China, meanwhile, has banned crypto activities since 2021 but continues to develop blockchain applications such as its central bank digital currency, the digital yuan.
US Vice President JD Vance on Bitcoin’s Geopolitical Importance
At the Bitcoin 2025 conference on May 28, US Vice President JD Vance emphasized Bitcoin’s critical role in global geopolitics.
He argued that the United States must maintain its leadership in the crypto industry to stay competitive in the evolving landscape of digital finance.
This underscores the growing recognition of cryptocurrency as both an economic and strategic asset on the international stage.
The discussion around a national Bitcoin reserve highlights how digital assets are increasingly intertwined with national security and global economic strategies.
