Chamber of Digital Commerce CEO Says Bitcoin Can Boost Dollar’s Dominance

Bitcoin as a Strength for US Dollar: Perianne Boring’s Vision for the Future
Bitcoin & Dollar Can Coexist Harmoniously, Say Boring and Wendy O
Perianne Boring on Bitcoin’s Role in Securing the US Dollar’s Future

Perianne Boring, the founder and CEO of the Chamber of Digital Commerce, believes that Bitcoin can be integrated into the US financial system in a way that strengthens the US dollar rather than competing with it.

In a panel discussion with Rob Nelson and crypto commentator Wendy O, Boring emphasized that protecting the dominance of the dollar should be the top national security goal for the US, while also leveraging the strengths of Bitcoin.

“It’s a complex topic,” Boring said. “But I do believe Bitcoin can strengthen the US dollar, and the number one national security goal should always be to protect dollar dominance. We are the world’s reserve currency, and because of that, Americans enjoy what’s called ‘exorbitant privilege,’ which allows us to live in the most prosperous country in the world.”

Boring stressed the importance of maintaining financial dominance to preserve the American way of life. She pointed out various proposals from policymakers, including Donald Trump’s idea for a strategic Bitcoin stockpile and Robert F. Kennedy Jr.’s proposal for a Bitcoin reserve and Bitcoin-backed bonds.

“If we lose [financial dominance], our way of life will change forever,” Boring warned. “How do we extend that [to] the next generation? How do we extend that for another 100 years? Taking the best-performing asset in the world, which is Bitcoin, and putting it behind the dollar — I think that’s how we do that.”

Wendy O, a well-known crypto influencer, also echoed Boring’s views, stating that Bitcoin can coexist with the US financial system as a valuable tool for financial freedom.

“I really think that Bitcoin can essentially operate and live in harmony with the US dollar,” Wendy O said. “It’s just a different financial asset, just like cash, gold, and silver—all of this can coexist in a beautiful manner.”

Boring Warns Against Saying Bitcoin Competes with the Dollar

Boring dismissed the idea that Bitcoin and the dollar are in direct competition, arguing that Bitcoin and fiat currencies have coexisted for years.

“It’s kind of a dangerous conversation to say Bitcoin competes with the dollar,” Boring explained. “I don’t think that’s a helpful conversation to have because I don’t think that’s the case. If we get this right from a policy perspective, we can strengthen the dollar and ensure our financial dominance for the next generation of Americans.”

The discussion also touched on Donald Trump’s initial skepticism of Bitcoin. After speaking with Bitcoin Magazine’s David Bailey, Trump reportedly reconsidered his position. Trump asked Bailey if Bitcoin would harm the dollar, and Bailey explained that while it might, the US should still acquire more Bitcoin than China. Trump then agreed, saying, “Good point. We should have more. We need the Fort Knox.”

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