Bitcoin AAA

It is now the turn of the rating agency Standard & Poor's to endorse the store of value that is Bitcoin. By Joachim Pohlmeyer.

The time of mistrust is over. Financial institutions no longer see Bitcoin as a threat, but rather as a technological breakthrough that the world is enjoying for the first time: a liquid asset that exists in a strictly finite quantity.

This is how the S&P analyst sees it, presenting Bitcoin as a stateless asset that provides protection against inflation.

“It is decentralized, geopolitically neutral, and provides a hedge against the depreciation of national currencies,” explains the expert, adding that this investment thesis is gaining more and more traction among institutional investors and governments.

The most notable examples are El Salvador, Bhutan, and the United Arab Emirates. Even European lawmakers are interested despite the hesitations of technocrats in Brussels and Frankfurt. This is the case in Germany, France, and just recently in Sweden.

The governor of the central bank of the Czech Republic also wants to add it to their foreign exchange reserves.

This sudden agitation is obviously due to the fact that Donald Trump’s government is actively seeking ways to accumulate Bitcoins. In this regard, the S&P analyst was optimistic.

Last year, Senator Cynthia Lummis proposed to accumulate one million Bitcoins over a period of five years, which would exert strong upward pressure on Bitcoin. This would be, by comparison, a quantity of Bitcoins greater than that produced by miners.

“When we talk about a hedge that is uncorrelated with the stock markets, we are primarily thinking of Bitcoin and its characteristics as an alternative currency,” explained the analyst, making a clear distinction between the different crypto-assets.

Of course, Bitcoin is not yet totally uncorrelated from the stock market, although... The Nasdaq is up 0% over the last six months, compared to +34% for Bitcoin.

The perception of investors regarding Bitcoin has clearly changed since Donald Trump’s election.

The U.S. Treasury Secretary, Scott Bessent, knows that reducing the trade deficit will not happen without scratching the status of the dollar as an international reserve currency. The Chinese central bank has already instructed its banks to reduce their purchases of Treasury bonds in response to tariff taxes.

He also knows that a new Bretton Woods is in the making. “Gold cannot have a gigantic budget deficit, gold cannot have war. The entire global trading system was tied to gold until President Richard Nixon put an end to it in 1971. Gold has always been a store of value, and Bitcoin is becoming one,” he said a few days ago.

Finally, let us remember that Senator Cynthia Lummis wants to sell gold stocks to buy Bitcoins. Bitcoin is emerging as an alternative and uncensorable payment system that the United States wants to make its reserve currency. To those who understand, greetings!

Don’t miss our article: Bitcoin will be the big winner of the trade war.

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