Amsterdam — Financial expert Bram Kanstein has made a compelling case for the Netherlands to establish a national Bitcoin reserve, urging the government to take a pioneering role in the global shift toward digital assets. In an open letter addressed to the Dutch Minister of Finance and the Board of De Nederlandsche Bank, Kanstein outlined a bold strategy to acquire Bitcoin as a safeguard against financial instability.
Kanstein’s proposal recommends using a portion of the country’s gold reserves or issuing new government bonds to fund the acquisition. He warns that the current global monetary system, including the euro, is under increasing strain due to rising inflation, soaring national debts, and unchecked money printing.
By contrast, Bitcoin is described as “hard money”—a decentralized, finite digital asset resistant to political manipulation and economic turbulence. Its limited supply and decentralized nature make it an appealing store of value, according to Kanstein, particularly as fiat currencies face growing vulnerabilities.
“The Netherlands has a long history as a leader in trade and innovation,” Kanstein wrote. “This is a unique opportunity for the country to secure its economic future while embracing the digital financial revolution.”
The proposal aligns with growing international recognition of Bitcoin as a legitimate financial asset. U.S. Federal Reserve Chairman Jerome Powell has acknowledged Bitcoin as a competitor to gold, while BlackRock, the world’s largest asset manager, views the cryptocurrency as a viable global monetary alternative.
Kanstein argues that by acting now, the Netherlands could position itself as a trailblazer in digital finance, ensuring economic resilience and prosperity for future generations. He concludes with a call to action, urging the Dutch government to consider this visionary move as a means to protect the nation’s financial sovereignty in an increasingly uncertain economic landscape.