European Central Bank and German Central Bank Should Include Bitcoin Reserves
Lindner pointed out that the European Central Bank and the German Central Bank should consider including cryptocurrencies like Bitcoin as reserve assets. He mentioned that the progressive policies of the United States 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 aims to continue consolidating the global position of the dollar but also hopes to lead the world in the cryptocurrency field. The Federal Reserve is even considering incorporating crypto assets into reserves, alongside currency and gold."
Lindner emphasized that although the European Central Bank and the German Central Bank maintain independence in decision-making, Europe and Germany cannot fall behind again in this field:
"Frankfurt should seriously consider whether crypto assets can 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.
Concerns About Cryptocurrency Risks
Addressing 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 in 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 one party, thus political risks are relatively manageable."
Countries Compete to Discuss Bitcoin Inclusion in National Reserves
Trump has repeatedly promised to incorporate Bitcoin into the U.S. strategic reserves. Senator Cynthia Lummis proposed the "U.S. Bitcoin Strategic Reserve Act," which plans to purchase 200,000 Bitcoins annually and accumulate 1 million Bitcoins within five years.
This proposal has sparked global discussions and prompted multiple countries to begin examining 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 competition for Bitcoin reserves, with Bitcoin's status expected to rise alongside gold, foreign exchange reserves, and sovereign bonds.
The Bitcoin Reserve Topic Heats Up in Japan and Russia
Recently, countries such as Japan and Russia have also begun to explore the issue of Bitcoin reserves.
