The International Monetary Institute (IMI) of China asserts that Bitcoin is gradually becoming an important factor in the global reserve system. The report indicates that Bitcoin is transitioning from a speculative asset to a strategic tool for central banks and national organizations, especially in the context of increasing financial pressures in America such as budget deficits, loose monetary policy, and falling bond yields.
Bitcoin is highly regarded for its limited supply and decentralized design, becoming an attractive choice for long-term storage compared to gold. The report also mentions that Norway’s sovereign wealth fund is gaining exposure to Bitcoin indirectly through investments, indicating a gradual shift in attitude.
IMI believes that Bitcoin can help countries cope with inflation, currency depreciation, and reduce dependence on USD, reinforcing its position as a strategic reserve asset in the future.
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