$CFX

Brian Armstrong, the CEO of Coinbase, urged governments to start including Bitcoin in their official reserves, considering that digital currencies are "the next chapter of capitalism." He also suggested allocating 1–1.5% as a starting point from foreign reserves, viewing it as a hedge against inflation and currency devaluation.

This sounds good on paper, but the reality is quite different.

Bitcoin is a highly volatile asset. This means that governments managing trillions will not gamble on something that could drop 30% in a normal week. You cannot compare a stable currency like the dollar or gold with something whose price plays roulette every two days.

The talk about Bitcoin being a store of value is not accurate. It only worked when the market was rising, but during crises, we found it falling along with everything else, providing no protection against inflation nor benefiting from central bank activities........

Also, if a breach or technical issue occurs, who guarantees that? It's not a central bank whose accounts you can audit. And if the government stored Bitcoin in cold wallets and the password was lost, the money would vanish into thin air.