🇬🇧 MP @EmmaforWycombe writes that the “UK government currently has no plans to adopt a strategic bitcoin reserve.”
She believes Bitcoin’s “properties as an asset nonetheless remain inconsistent with the objectives and investment principles that govern the Government's foreign exchange reserves.”
The UK government appears dead set on fumbling a bag of 61,000 BTC.
https://x.com/BitcoinNewsCom/status/1927741932077555896?t=2J_u5bKnYL8Gwp9doYDOUw&s=19 MP @EmmaforWycombe recently stated that the UK government is not currently planning to create a strategic Bitcoin reserve. She argued that the asset form of Bitcoin is not consistent with the government's foreign exchange reserve management objectives and investment policy.
from my perspective, Bitcoin could become a reality and one of the biggest financial bullet of the future. we call Bitcoin a safe decentralized digital gold. Now different countries of the world are showing interest in making Bitcoin their reserve asset. El Salvador is already running the reserve car, but if an established country like the UK does not reserve Bitcoin strategy, then there is a risk of falling behind in the future. According to my logic, when the world continues to face political problems, a country will face economic problems, so it is very important or to have a Bitcoin strategy reserve in every country.