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Macroeconomic analyst Luke Gromen believes that the United States has no choice but to embrace Bitcoin (BTC) as a neutral reserve asset following the failure in Ukraine and the decline of the dollar system.

Citing recent statements by Treasury officials and US politicians including Paul Ryan and Donald Trump, he says that Washington is planning to dramatically increase the value of Bitcoin, similar to what happened to oil in 1973.

According to Gromen, this strategy will allow the United States to prevent its citizens from becoming impoverished due to inflation while reviving domestic industries and strengthening the foundations of national defense.