Czech National Bank (CNB) Governor Aleš Michl has sparked debate by suggesting the bank consider Bitcoin as part of its reserves. Michl emphasized that Bitcoin should be distinguished from other cryptocurrencies, urging central bankers to study its technology. The CNB is in the early stages of analyzing a test Bitcoin portfolio, with the board yet to decide on investment. Michl views Bitcoin as a high-risk asset, with potential for either significant valuation or total loss. This cautious stance reflects broader market skepticism, fueled by recent meme coin controversies that have tarnished the crypto sector's reputation.