The European Central Bank and the German Central Bank Should Include Bitcoin in Their Reserves
Lindner pointed out that the European Central Bank and the German Central Bank should consider cryptocurrencies like Bitcoin as reserve assets. He mentioned that the United States' progressive policies regarding crypto assets are worth emulating in Europe:
"The Trump administration had a very positive attitude towards cryptocurrencies like Bitcoin. The U.S. not only wants to continue to strengthen the global status of the dollar but also aims to lead the world in the cryptocurrency sector. The Federal Reserve is even considering including crypto assets in its reserves, alongside currencies and gold."
Lindner emphasized that although the European Central Bank and the German Central Bank maintain independence in their decision-making, Europe and Germany cannot fall behind in this area again:
"Frankfurt should seriously consider whether crypto assets could also become part of central bank reserves."
In Lindner's view, introducing cryptocurrencies as reserves can not only increase the diversity of reserves but also enhance their resilience, as crypto assets have become an important component of global wealth growth.
Attention to Cryptocurrency Risks
Regarding the issue of high volatility in cryptocurrencies, Lindner stated that while cryptocurrency prices fluctuate frequently, their risks are well-known, and no one would invest all their funds into crypto assets. Additionally, he pointed out that even traditional assets like gold also carry price volatility risks.
"As decentralized assets, cryptocurrencies are not controlled by any single entity, so political risks are relatively manageable."
Countries Compete to Discuss Including Bitcoin in National Reserves
Trump has repeatedly promised to include Bitcoin in the U.S. strategic reserves. Senator Cynthia Lummis has proposed the "U.S. Bitcoin Strategic Reserve Act," which plans to purchase 200,000 Bitcoins annually, accumulating 1 million Bitcoins within five years.
This proposal has sparked global discussions and prompted multiple countries to start considering the possibility of including Bitcoin in their national reserve systems. Forbes predicts that by 2025, the G7 or BRICS countries may establish Bitcoin reserves, triggering a global race for Bitcoin reserves, with Bitcoin's status expected to be on par with gold, foreign exchange reserves, and sovereign bonds.
The Bitcoin Reserve Topic Extends to Japan and Russia
Recently, countries like Japan and Russia have also begun to explore the issue of Bitcoin reserves.
