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Bitcoin Reserve Is ‘Hopium Hallucination,’ Blockchain Expert Says
The idea of the United States holding a strategic Bitcoin reserve has attracted significant attention and controversy in recent weeks. However, blockchain expert Alex Dovbnya believes that this concept is nothing more than a “hopium hallucination.”
Dovbnya argues that there is no strategic need for the US government to hold Bitcoin, contradicting the notion that it would be beneficial to do so. He suggests that the main argument behind holding a reserve appears to be that some Bitcoin holders worry about an impending shortage of greater fools and require the US government to act as the greatest fool of last resort.
In his analysis, Dovbnya emphasizes that there is no compelling reason for the US to hold Bitcoin.
Source: u.today
