The current plan for currency, should Alberta separate, is for an Alberta dollar (ABD) backed by gold, oil, and Bitcoin.
Strategically, I would prioritize gold, even though I’m not particularly a gold guy. Gold provides automatic credibility on the world stage. It has deep global liquidity, is politically neutral, fungible, and a bearer asset.
The primary reason for prioritizing gold over oil and Bitcoin is logistical: gold is the only backing asset that would require import and custody infrastructure. Oil already exists in the ground, and Bitcoin can be mined and acquired digitally.
Oil represents an immediately credible backing asset. Even if reserves take time to formally build, the extraction infrastructure is already in place. It is a strategic asset that can be deployed selectively, brought to market during periods of high demand and conserved during periods of low demand.
As space and advanced industrial infrastructure develop, Alberta’s oil could also play a role in supporting space and aerospace projects, creating asymmetric upside opportunities for sovereign Albertans.
Bitcoin does not need to be purchased outright, it can be mined. Freed from Canada’s federal constraints, Alberta could expand natural gas power generation, significantly increase electricity output, and deploy Bitcoin mining as a grid-balancing mechanism. This would simultaneously strengthen grid resilience while growing sovereign Bitcoin reserves.
That said, as a perma Bitcoin bull, I wouldn’t be opposed to using the proposed US issued $500 billion line of credit to buy Bitcoin either.
https://albertaprosperityproject.com/wp-content/uploads/2025/11/Value_of_Freedom-DraftFiscal-Plan-10July2025.pdf?
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