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Central to the argument for government accumulation of Bitcoin is the ability to fortify balance sheets. Current governmental finances are often burdened with liabilities, while the quality of their existing assets can be called into question. Many highlight the limited value of traditional assets like gold, arguing that the depreciating nature of military expenditure further complicates fiscal health.
To transition to a more stable economic structure, advocates suggest that governments could exchange fiat currencies for Bitcoin. This strategy theoretically enables them to improve their balance sheets, ultimately allowing for the fulfilment of their primary obligations such as national security and infrastructure maintaining.