"Bitcoin's Path to Mainstream Adoption: VanEck Advisor Proposes Inclusion in US Strategic Reserve"
- Gabor Gurbacs, a VanEck advisor, has proposed including Bitcoin in the US Strategic Reserve to diversify and hedge against inflation and geopolitical risks.
- Gurbacs favors Bitcoin over Ethereum due to its limited supply, decentralization, and store-of-value characteristics.
- The US Strategic Reserve currently holds gold, oil, and other assets to mitigate economic and political risks.
- Gurbacs suggests allocating 1-5% of the reserve to Bitcoin to reduce reliance on gold and diversify the portfolio.
- The proposal aims to stimulate economic growth, promote financial innovation, and strengthen the US dollar.
- Inclusion in the Strategic Reserve would provide a significant endorsement for Bitcoin's legitimacy and potential for mainstream adoption.
- Gurbacs believes Bitcoin's decentralized nature and limited supply make it an attractive asset for central banks and institutional investors.
- The proposal could lead to increased institutional investment in Bitcoin and other cryptocurrencies.
- Gurbacs' suggestion has sparked debate among crypto enthusiasts and skeptics, with some arguing it could lead to greater regulatory scrutiny.
- If adopted, the proposal could mark a significant turning point in Bitcoin's journey towards mainstream acceptance and integration into traditional finance.
But why do they perfere a etherium than BTC.