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    Home » US treasury secretary Scott Bessent endorses Bitcoin as emerging store of value
    News 1 month ago

    US treasury secretary Scott Bessent endorses Bitcoin as emerging store of value

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    5-4-2025 – In a candid exchange with broadcaster Tucker Carlson, US Treasury Secretary Scott Bessent has thrown his weight behind Bitcoin’s evolving role in the global financial landscape, marking a significant departure from traditional Treasury perspectives.

    The Treasury chief’s endorsement carries particular weight given his position at the helm of America’s financial stewardship. His acknowledgment of Bitcoin’s emergence as a viable store of value signals a remarkable transformation in how the cryptocurrency is perceived within the uppermost echelons of financial governance.

    Bessent’s observations, as reported by Foresight News, reflect a broader sea change sweeping through institutional finance, where Bitcoin’s utility has progressed beyond its initial reputation as a mere speculative instrument. The Treasury Secretary’s remarks suggest a growing recognition of the digital asset’s potential to serve as a legitimate wealth preservation vehicle.

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