It is estimated that around 50 million Americans now hold Bitcoin, surpassing the number of people who own gold which stands at 37 million. This shift indicates a growing trend where Bitcoin is increasingly viewed as an alternative reserve asset to gold, playing a more integral role in the US economic strategies, procurement policies, and financial infrastructure.

The US is emerging as a key player in Bitcoin adoption, with a notable investment in the cryptocurrency and an infrastructure that supports its predominance. About 40% of global Bitcoin companies are based in the US, and American companies hold nearly 95% of all publicly traded firms' Bitcoin assets worldwide.

With approximately $790 billion worth of Bitcoin owned by Americans, the cryptocurrency is not only seen as an investment but also as a fundamental component of the country's economic and financial frameworks. River’s report underlines that Bitcoin is forming an essential element of American economic dominance.

The increasing confidence in Bitcoin is underscored by various factors including its easy digital storage and transfer capabilities. There are even discussions suggesting the US might establish a strategic Bitcoin reserve, further solidifying the cryptocurrency's role as a safe-haven asset amidst economic uncertainties, thereby surpassing gold's traditional position.

While the appeal of Bitcoin as a hedge against fiscal instability is growing, concerns about its sustainability and price volatility remain. Despite these uncertainties, Bitcoin is gaining support from major financial institutions like BlackRock and is securing its position within the US financial system, aided by a more defined regulatory landscape.