Why Bitcoin Could Become the Next Global Reserve Asset

Why Bitcoin Could Become the Next Global Reserve Asset

A new paper from the Bitcoin Policy Institute, The Case for Bitcoin as a Reserve Asset, suggests that central banks should consider Bitcoin as a reserve asset alongside gold. As of Q1 2024, central banks globally hold approximately $2.2 trillion in gold, a number that continues to grow. However, the paper argues that Bitcoin offers unique advantages, particularly as a hedge against inflation, geopolitical instability, capital controls, sovereign...

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