A Dutch entrepreneur has written an open letter to the Dutch government, urging them to create a National Bitcoin Reserve. The letter suggests that the Ministry of Finance should use some of its gold reserves to buy Bitcoin, which the entrepreneur sees as a stable and sovereign form of money that is resistant to manipulation. This proposal reflects growing recognition of the value of Bitcoin, with figures such as US Federal Reserve Chairman Jerome Powell stating that it is a competitor to gold and BlackRock predicting widespread adoption of Bitcoin as a global financial alternative.



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