According to Foresight News and reported by Hong Kong Wen Wei Po, Hong Kong Legislative Council member and chairman of the Web3 Virtual Asset Development Subcommittee, Wu Jiezhuang, stated in an interview that Hong Kong needs to study how to maintain national financial security amidst the disruption of Bitcoin by the United States and its impact on traditional asset markets. He suggested that Hong Kong should leverage the advantages of 'one country, two systems' to take the lead in trying to incorporate Bitcoin into the foreign exchange fund assets and explore ways to utilize the Bitcoin held by the country. Wu Jiezhuang believes that Bitcoin has the greatest impact on the prices of precious metals, which have low practical functions, including gold and silver. Although Bitcoin also lacks practical functions, its convenience for storage and transport gives it an edge over gold and silver, which incur significant storage and logistics costs. Therefore, under market considerations, traditional precious metals may be replaced by Bitcoin, which has lower storage and transaction costs.

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