A Dutch entrepreneur recently wrote an open letter to the Dutch government, calling on them to create a National Bitcoin Reserve. The letter, which was addressed to the Ministry of Finance, the government, and the board of directors of De Nederlandsche Bank (DNB), proposed that the Ministry of Finance reallocate some of its current gold reserves and instead buy Bitcoin ($BTC) according to the BSCN.
The entrepreneur believes that $BTC has the potential to help economic stability and sovereignty. He even calls $BTC “hard money” with a limited supply that is resistant to political manipulation and secured by decentralized technology. The entrepreneur also argued that in today’s world of excessive inflation and mounting debt, $BTC represents an ideal viable solution.
This proposal also indicates recognition of the value of $BTC. For example, US Federal Reserve Chairman Jerome POWELL declared $BTC a competitor to gold. Additionally, BlackRock, the world’s largest asset manager, predicts significant long-term adoption of $BTC, citing its potential as a global financial alternative.
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