In the evolving landscape of global finance, legislative proposals often spark intense debate regarding the future of the U.S. dollar and our national reserves One such proposal making waves is H.R. 8957, the American Reserve Modernization Act of 2026. This bill suggests exploring the establishment of a strategic Bitcoin reserve. However, to understand the true impact of this proposal, we must look beyond the headlines and examine the historical and economic foundations of how governments manage their assets. At the heart of the discussion surrounding H.R. 8957 is the fundamental economic principle that “there is no such thing as a…

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