In 2025, bitcoin is no longer just a niche investment but a geopolitical asset. Governments and central banks around the world, from Washington to Zurich, are engaged in discussions about its role in national reserves. Bitcoin is emerging as a challenger to traditional reserve assets like gold and the U.S. dollar, with the potential to reshape the global monetary order.Under the Trump administration, the conversation around bitcoin has changed. Once skeptical, President-elect Donald Trump has expressed support for bitcoin as a strategic asset, outlining plans for the creation of a U.S. bitcoin reserve to enhance economic stability.
The administration has suggested that holding bitcoin could hedge against inflation and a weakening dollar. The proposal has been debated in Congress, with supporters like Senator Cynthia Lummis arguing that bitcoin’s finite supply makes it an ideal addition to national reserves. Skeptics remain, but the momentum is undeniable.
Switzerland is also contemplating a similar move. Known for its neutrality and financial expertise, the Swiss National Bank is considering adding bitcoin to its reserves alongside gold. A public referendum could soon make Switzerland the first nation to officially hold bitcoin as a reserve asset. This move aligns with the Swiss ethos of innovation and financial independence and could set a precedent for other nations.
The Domino Effect
As one country adopts bitcoin, others may feel compelled to follow to avoid being left behind. The fear of missing out is not just for retail investors, it’s a powerful force among governments. In this high-stakes game, early adopters stand to gain a strategic edge, solidifying their positions in a transforming global financial system.
The strategic reserve debate mirrors the nuclear arms race of the 20th century in both its destructive potential and competitive nature. Countries that fail to act risk being sidelined as bitcoin becomes ingrained into the financial system.
History offers a guide. Nations that recognized the value of gold early on cemented their positions in global finance. Later, oil became the critical asset that shaped geopolitics. Bitcoin, with its digital scarcity and global liquidity, could be the next.
Global Shift
As bitcoin’s significance grows, discussions about its role in national reserves are emerging beyond the United States and Switzerland. Countries like Germany, Hong Kong, Russia, Brazil, and Poland are taking steps to explore bitcoin as a strategic asset, each driven by unique economic and political motivations.
In Germany, influential voices such as former Finance Minister Christian Lindner have suggested that the European Central Bank and the Bundesbank consider bitcoin to reduce reliance on the U.S. dollar.
Hong Kong legislator Wu Jiezhuang has advocated for integrating bitcoin into the city’s financial reserves, aiming to enhance economic resilience and stability. Wu said that incorporating bitcoin into national r