A proposal submitted to the U.S. SEC argues for XRP as a 'strategic financial asset' for the United States.
The proposal suggests that if XRP is classified as a payment network, banks use it, and the Federal Reserve mandates its use, $1.5 trillion can be freed up to buy 25 million Bitcoin.
The proposal's logic is questionable as it overlooks the process of replacing dollars with XRP and the limited supply of Bitcoin.
Bitcoin is considered a strategic asset due to its global usage and governance by multiple nodes, contrasting with XRP's centralized nature.