<ul data-eligibleForWebStory="true">Coinbase CEO Brian Armstrong believes Bitcoin could eventually become the world's reserve currency, displacing the US dollar.Armstrong highlighted Bitcoin's finite 21 million-coin limit as a check on deficit spending by governments.He warned that increasing public deficits could lead to a global shift towards Bitcoin as a store of value.Armstrong has advocated for a strategic Bitcoin reserve in the US amidst mounting national debt.President Trump's support for stablecoins and Bitcoin was emphasized in a prerecorded message at a crypto summit.The White House has taken steps to establish a Strategic Bitcoin Reserve and a US Digital Asset Stockpile.The US government is actively working on creating a framework to dominate the crypto and Bitcoin sector.At the time of publication, Bitcoin was trading at $104,876.