Since the Central Bank is proposing a nationally independent digital currency. The Bitcoin acts as a measure of global decentralization and corresponds to energy losses. Can it be used as future national foreign exchange reserves?
Can Bitcoin make foreign exchange reserves? At present, it is not okay. At present, Bitcoin cannot be used to purchase international bulk commodities. At present, no country has said that Bitcoin can directly purchase domestic products. Therefore, at present, bitcoin is not yet available as a foreign exchange reserve. Unless, the Euro Yen Dollar supports Bitcoin, and promises that bitcoin can be exchanged for US dollars, Euros, and Yen, that countries concerned can consider, because the Euro US Dollar Yen can be bought. At present, Bitcoin has many problems in terms of finance and technology. It is still difficult to become a foreign exchange reserve, and there are still many political games.