Coinbase Supports Establishment of Bitcoin Strategic Reserve, Proposes Special Economic Zone for Digital Asset Economy
Coinbase on Friday endorsed the idea of a U.S. strategic reserve of bitcoin as part of a blog post by its CEO Brian Armstrong on "economic freedom."
"Economic growth comes from free market capitalism, deregulation, small government and technological innovation," he wrote. "If the rest of the G20 wants to participate in economic prosperity, it would be wise to join the wave of embracing economic freedom and free markets."
Brian Armstrong called on world leaders to do four things in the spirit of techno-optimism over the next year: first, pass laws to keep cryptocurrency companies in their countries; second, build a strategic bitcoin reserve, the article said: "The next global arms race will be in the digital economy, not in space"; third, create a Special Economic Zone for the digital asset economy; and finally, improve government efficiency, the article specifically mentions the efforts of the Department of Government Effectiveness (DOGE).