Bitcoin's potential as a reserve asset for major global economies is debated. Its decentralized nature, fixed supply of 21 million coins Οι, and resistance to inflation make it appealing as a store of value, akin to digital gold. Some argue it could diversify reserve portfolios, hedge against fiat currency devaluation, and enhance financial sovereignty. However, volatility, regulatory uncertainty, and scalability issues pose challenges. Major economies prioritize stability, liquidity, and trust, qualities traditional assets like gold and U.S. Treasuries provide. While smaller nations like El Salvador have adopted Bitcoin, widespread adoption by major economies remains unlikely in the near term due to risk aversion and entrenched financial systems. Still, growing institutional interest and technological advancements could shift perceptions over time. 0 reply
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