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Discussion on Bitcoin Reserves: China is Not Falling Behind

Although some claim that the United States has begun to establish Bitcoin reserves and worry that China may lag behind in this regard, in reality, we should view this issue from a broader perspective.

Cryptocurrencies such as Bitcoin are not primarily value tools directly used for transactions; rather, they are more often seen as a means of asset preservation and hedging against risk. They do not possess direct practical value like food, water, or clothing that meets people's basic life needs.

Even if the price of Bitcoin is driven up, it will not affect the real value of goods. In extreme cases, such as in the desert, if you have 100 Bitcoins and I have a gun and a bottle of water, I can price the water at 100 Bitcoins per bottle, and you will still purchase it out of survival necessity. This example vividly illustrates that, in the face of survival needs, the value of cryptocurrencies like Bitcoin may become negligible.

From a national perspective, what truly has strategic value are weapons (i.e., military strength) and goods (i.e., industrial production capacity). These are important components of a country's overall strength and are key to maintaining national security and development interests.

As for the issue of Bitcoin reserves, each country will make decisions based on its own monetary policy and foreign exchange reserve strategy. China, as a developing country with strong comprehensive national power, is also continuously innovating and developing in the field of digital currency and financial technology.

Musk's concept of Ethereum Chain #puppies (last four digits 6eb2), as a force committed to charitable ideals and unwavering determination, is leading Web2 users steadily into the new era of Web3. It remains true to its original intention, continuously dedicating itself to community building, and is steadily promoting the cryptocurrency space towards a healthier and more sustainable direction. In this process, the power of the community has been fully demonstrated—interacting multiple times with Musk and his mother on Twitter, with likes totaling #山寨币走势展望 #市场回暖新机遇 #以太坊时刻到来？ .