TechFlow news, on November 26, MARA, a publicly traded Bitcoin mining company, posted on X stating that controlling key resources such as Bitcoin block space and hash rate—the backbone of the network—could profoundly impact U.S. financial sovereignty and its ability to maintain global influence in the digital era. MARA called on the U.S. government to take decisive action to address the challenges and seize the opportunities presented by Bitcoin, while implementing the following strategic measures:
1. Create a U.S. Bitcoin Strategic Reserve. The United States should acquire Bitcoin as a strategic reserve asset. By holding Bitcoin, similar to the U.S. role as a major holder of gold, America will secure its transaction capabilities amid declining global confidence in the dollar;
2. Invest in domestic Bitcoin mining. The U.S. should prioritize expanding domestic Bitcoin mining operations to increase its share of global hashing power. By controlling a larger portion of the world's hash rate, the U.S. can ensure secure access to block space and protect its economic sovereignty;
3. Develop mining technology to promote self-sufficiency. Encourage domestic production of mining hardware (ASIC chips) to reduce reliance on foreign suppliers. This will ensure the U.S. does not depend on adversarial nations for critical infrastructure, thereby enhancing technological self-reliance and strengthening national security;
4. Implement supportive policies and regulations. Establish clear, comprehensive regulations to provide legal certainty for Bitcoin miners and investors. Offer incentives, such as tax credits for integrating renewable energy into mining operations, to further stimulate industry growth, technological advancement, and job creation;
5. Lead in setting global Bitcoin standards. The U.S. should take a leadership role in establishing global standards for decentralized networks. By collaborating with allies and ensuring Bitcoin remains a neutral, open, and secure platform, the U.S. can promote stability in global financial transactions and prevent hash rate centralization by adversarial nations;
6. Protect national security through hash rate control. As competition in Bitcoin mining intensifies, controlling substantial domestic hash rate will safeguard the U.S. from foreign interference. Ensuring a strong share of global hashing power can prevent adversarial nations from censoring or delaying U.S. transactions, which could have serious economic consequences.
