Bitcoin

Arctic resource competition and US-Greenland security pacts signal a slow-burn return of great-power resource nationalism. Historically, such shifts strengthen the long-term case for non-sovereign stores of value like Bitcoin as a hedge against fiat debasement and capital controls, but the effect operates over quarters, not days.

US Secretary of State Marco Rubio will travel to Iceland to press US interests in the Arctic, following a security pact with Greenland.