Joo Ki-young Questions Whether the US Will Adopt Bitcoin as a Strategic Asset

Joo Ki-young, CEO of CryptoQuant, raised questions about whether the United States will adopt Bitcoin as a strategic reserve asset.

On the 27th (local time), Joo Ki-young, CEO of CryptoQuant, stated on X, "Personally, I support the strategic assetization of Bitcoin," but added, "It is questionable whether the US will adopt Bitcoin as a strategic asset while maintaining its growth." He further commented, "For this idea to gain traction, the US must feel that its global economic dominance is threatened," and evaluated that "current market sentiment shows confidence in the US's continued dominance."

CEO Joo noted, "There is a possibility that the US government might purchase Bitcoin for economic leverage or risk management purposes, but this would be quite different from what Bitcoin supporters imagine," and pointed out, "The idea that Bitcoin would be purchased as a tool to defend the dollar system is far from reality." He continued, "With global capital flowing into the US, the dominance of the dollar remains strong," and said, "If Trump succeeds in strengthening the dollar's dominance and boosting his approval ratings, it is uncertain whether he will maintain a pro-Bitcoin stance."