Will Satoshi be happy about the idea of the government to adopt Bitcoin & using it as reserve?
Creation of Bitcoin in 2009 was a direct response to the 2008 financial crisis, offering a decentralized alternative to traditional financial systems.
Launching bitcoin was to create a peer to peer payment system which would be way better than all the existing forms of payment methods.
The digital currency was intended to provide an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies.
A decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments.
Now that financial institutions and government are becoming interested in Bitcoin, which we all know how this is going to look like on the future.
Why not if not!
I think the pioneer would be pleased that a proud government whom would have been more concerned about its local fiat currency have turned there attention towards a more suitable alternative and means to conduct financial activities with Bitcoin being placed at top priority.
Though holding might be your typical p2p system, the many people that hold today would be as much guilty as the government would be should they see the plans of a Bitcoin reserve through. Even now, nothing has been done outside the scheme as, even with fiat currency, you don’t get to spend it all but, reserve some for future purposes. The difference here is that, the reservation is in a way to create scarcity and increase demand.
Still, it’s a use case none the less and that’s good for Bitcoin.