Why Governments Shouldn’t Hoard Bitcoin: Exploring the Risks of Non-Strategic Reserves
Donald Trump’s proposal for the U.S. to establish a strategic Bitcoin reserve has sparked debate among economists and crypto enthusiasts. While Senator Cynthia Lummis introduced the BITCOIN Act of 2024 to acquire one million Bitcoins, many question the value of such a reserve, as Bitcoin’s utility remains largely speculative. Critics argue that Bitcoin should not ...