Part 4/7:
Amid these discussions, some proposals have emerged that suggest the establishment of a national Bitcoin reserve. Such ideas have sparked considerable controversy, often seen as excessive and unfounded. Critics argue that the concept is misguided, with no logical justification for the government to accumulate what is fundamentally a non-tangible currency.
The analogy of a national oil reserve or gold reserves held at Fort Knox often comes up in this debate. While these physical assets serve specific strategic and economic functions—maintaining stability in energy supplies or preserving national wealth—what purpose does accumulating Bitcoin serve? Critics assert that it would only serve to placate special interests and campaign contributors rather than provide genuine economic benefits.