What is Bitcoin strategic reserve?
Bitcoin strategic reserve refers to a country or institution incorporating Bitcoin into its official reserve assets,
the purpose is to enhance financial stability and respond to economic uncertainties.
The core concept lies in Bitcoin's 'gold standard' nature,
such as scarcity and decentralization characteristics,
therefore it is seen as a tool against inflation and market volatility.
If a government takes $BTC as a strategic reserve,
the holders of Bitcoin are the biggest beneficiaries,
but the use and promotion of the national currency is a process of market compression,
therefore it is difficult for governments to adopt Bitcoin as legal tender.
If in the future global economic integration occurs, it might be possible to use BTC as a settlement standard,
with a limited supply of Bitcoin, decentralized, publicly transparent and verifiable,
governments and the public play their respective roles in economic development, jointly promoting economic growth,
that would be a beautiful, free world.
Currently, El Salvador continues to buy BTC, holding 5998 BTC
If the crypto market achieves further development,
El Salvador would directly benefit, becoming a big winner
Ten years ago, no one could have imagined the current price and increase of BTC,
we also cannot speculate about the development of the crypto world ten years from now
let's keep an eye on it and see when #BTC上攻11万?