An economist has argued that bitcoin is a reserve asset similar to gold, noting that some central banks might consider adding it to their reserves.
Economist Makes Bold Case: Bitcoin Could Protect Central Banks Like Gold
The Bitcoin Policy Institute (BPI), a non-profit think tank, published a paper last week by economist Matthew Ferranti titled “The Case for Bitcoin as a Reserve Asset.” The paper examines bitcoin’s potential as a central bank reserve asset, comparing its crisis resilience to that of gold. BPI focuses on educating policymakers and the public about bitcoin and other disruptive digital technologies.
Source - yahoo! finance
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