Top US officials have placed Bitcoin (BTC) at the center of national security talks, and Representative Lance Gooden says the move is not just political rhetoric.
In a statement issued on Thursday, the Texas Republican said that the biggest cryptocurrency has become a “geopolitical tool” that is being used – at the same time, in his opinion – by many enemies.
Multi-Front Security Using Bitcoin
Gooden’s comments follow confirmation by Pentagon leadership. According to In a report by the TFTC, Secretary of War Pete Hegseth said that the Department of Defense is working with Bitcoin in various groups that oppose what Hegseth described as “China’s digital dominance.”
Gooden quoted Hegseth directly, saying: “I’m very interested in Bitcoin and the potential of crypto, and a lot of what we’re doing, enabling or defeating, is happening within our department, which gives us a lot of power in different situations.”
Collaborative Reading
Recently Senate testimonyAdmiral Samuel Paparo – the head of the US Indo-Pacific Command – described Bitcoin as having “amazing potential” as a tool for cybersecurity and multi-strategic applications.
Paparo told the Senate, “We have a policy on the Bitcoin network right now. Bitcoin has direct implications for power simulation.”
In that statement, Gooden laid out what he sees as a multilateral security for Bitcoin. He also said that Iran is a seeker Bitcoin as a fee for crossing the Strait of Hormuz.
BPI Fuel Gooden’s Claim Numbers
Republicans have reported that hackers linked to North Korea are using Bitcoin in the ransomware campaign. And he said China “believes that it is keeping a lot of wealth as part of its security.”
Gooden made it clear that: “Over the past decade, Bitcoin has evolved from a great asset to a matter of national security.”
Geopolitical trends are supported by estimates from activist groups and corporate policy. According to the Bitcoin Policy Institute (BPI), China holds about 194,000 BTC, while the United States holds about 328,000 BTC.
Collaborative Reading
For Gooden, those figures he emphasized the change that he says is taking place: Bitcoin is no longer seen as a sideshow by financial commissions.
Instead, he described the leading cryptocurrency market as a tool that can appear in military meetings—as a necessary factor in power comparisons, economic conflicts, and accumulation.
As of this writing, BTC is trading at around $76,384, recording a small gain of 1% within the last 24 hours after probing the $75,000 support level on Wednesday. The key level to watch the cryptocurrency right now is around $80,000 – a level that has been failing BTC since the beginning of February.
Image taken from OpenArt, chart from TradingView.com
