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Harvard Paper says Central Banks should hold Bitcoin

2 comments

jondoe
83
12 days agoSteemit

This is interesting...

Everyone is fearful of Bitcoin, but perhaps now is the time to buy.

Especially if you are a central bank!

A Harvard Economics Paper was released today stating why Central Banks should be buying bitcoin...

Check it out:

image.png

(Source: https://twitter.com/DocumentingBTC/status/1595388584735002624/photo/1)

The reasoning?!

Sanctions!

You can thank the mighty United States for this!

After Russia (and anyone else that they don't like) had their assets frozen, it created a very provocative use case for bitcoin.

If you hold bitcoin in a wallet, they can't take it from you.

Sure, they can sanction Exchanges and not them do business with that wallet etc, but the value is still there and it can't be taken away.

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