Could Central Banks Embrace Bitcoin as a Reserve Asset?
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Central bankers spend their careers worrying about risks that most investors ignore. In 2024, they bought a record 1,045 tons of gold as insurance against globally swelling sovereign debt loads and growing geopolitical fractures.Those same issues might even be leading a few outliers to consider another hedge asset: Bitcoin (CRYPTO: BTC).What sounded foolish a decade ago now ticks three boxes every reserve manager studies -- specifically, the asset's limited supply, its round-the-clock liquidity, and its (partial) insulation from certain geopolitical risks. If gold hoards are a vote of no-confidence in fiat currencies, central banks holding a sliver of Bitcoin would be a vote of no-confidence in the entire monetary status quo. Let's see why they're more likely to be casting that vote right now than ever before.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool