As part of the President's executive order, the International Trade Administration requested comments from the public on digital assets and US competitiveness. We were pleased to submit this report.
We begin with a brief primer on the essential and uniquely valuable features of bitcoin, before exploring implications for US interests in (1) Financial Inclusion and Consumer Welfare,(2) Competitiveness, (3) National Security, and (4) Mining and Energy. We conclude with broad policy principles and recommendations.