Bitcoin

Reserve

Financial expert Bram Kanstein has urged the Dutch government to take a bold step by creating a national Bitcoin reserve.&nbsp; In an open letter addressed to the Minister of Finance and the Board of De Nederlandsche Bank, Kanstein proposes that the Netherlands lead the way in the digital financial revolution by acquiring Bitcoin, potentially using a portion of the country’s gold reserves or issuing new government bonds to fund the purchase.&nbsp;
According to reports from <a href="https://www.reddit.com/r/Bitcoin/comments/1hh2jrh/open_letter_english_version_to_the_dutch/?rdt=35878" target="_blank" rel="noopener noreferrer nofollow">Reddit</a>, Kanstein argues that the current global monetary system, including the euro, is becoming increasingly unstable.
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 <figure class="aligncenter size-large"><img decoding="async" width="854" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/Dutch-government-854x484.jpg" alt="Dutch government's open letter" class="wp-image-224555">
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 Open letter by Dutch govt.
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With inflation rising, national debts growing, and money printing out of control, the system faces significant challenges. Bitcoin, in contrast, is presented as “hard money”—a decentralized, finite asset immune to political manipulation and economic volatility.&nbsp;
Its limited supply and decentralized nature make it an ideal store of value, positioning it as a safeguard against the weaknesses of fiat currencies. The letter emphasizes the Netherlands’ long-standing role as a global leader in trade and technological innovation, making the country ideally suited to embrace Bitcoin as a national asset.
Kanstein believes that by securing Bitcoin reserves now, the Netherlands can protect its economy from future financial instability while positioning itself as a pioneer in the growing digital financial space. The proposal also highlights the growing international recognition of Bitcoin as a serious financial asset.
Jerome Powell, the Chairman of the U.S. Federal Reserve, has acknowledged Bitcoin as a competitor to gold, while BlackRock, the world’s largest asset manager, sees the cryptocurrency as a viable global monetary alternative.&nbsp;
Kanstein concludes by urging the Dutch government to act decisively, suggesting that establishing a national Bitcoin reserve could be a visionary decision that secures economic stability and prosperity for future generations.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/12/18/ohio-introduces-bitcoin-reserve-bill-to-buy-btc-for-reserve/" target="_blank" rel="noopener noreferrer nofollow">Ohio Introduces Bitcoin Reserve Bill to Buy BTC For Reserve</a>
</blockquote>

Dutch Expert Urges Govt to Build National Bitcoin Reserve

The Crypto Times

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