The United States is progressing towards using Bitcoin 
$89,154 as a strategic reserve, but the potential depreciation of Bitcoin poses a threat to this strategy’s success. Attorney Bill Morgan has expressed concerns that holding Bitcoin as a reserve could prove detrimental in the long run. He indicated that should altcoins rise in prominence, the value of Bitcoin reserves might diminish.
Risk of Depreciation in Bitcoin Reserves
Morgan predicts that the strategic reserve of Bitcoin held by the U.S. could experience value depreciation. He underscores that alternative digital assets may also have effective roles within the market. If altcoins surpass Bitcoin, the strategic value of Bitcoin as a reserve might decrease, potentially leading to reduced market impact and economic instability.
Morgan emphasized that Bitcoin’s status as a centralized asset may present challenges in the long run. The growing influence of altcoins could hinder the strategic reserve...
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