First U.S. State to Adopt Bitcoin to Reap Huge Profits

El Salvador's President Nayib Bukele made history when his country adopted Bitcoin as legal cash. Several other countries and jurisdictions are now trying to catch up.

As other sovereign nations rush to legalize Bitcoin and use it as their reserve currency, the U.S. could lose its preeminent financial and political clout around the world.

The threat to the U.S. is more than just leaving behind a (increasingly justifiably) large sum of money. Bitcoin is the largest deployment of strong public-key cryptography in history, protecting a financial system that is expanding at an exponential rate.

Cryptocurrencies have many applications to fundamentally restructure and protect the world's energy infrastructure. Participation in the Bitcoin counting and accumulation race is a form of modern cyberwarfare. Strong cryptography has historically been used as a weapon of war and is legally considered a weapon by countries.