Czech National Bank Governor Will Soon Speak On Why They’re Diversifying Their Reserves With Bitcoin
Czech National Bank Governor Will Soon Speak On Why They’re Diversifying Their Reserves With Bitcoin
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"We need to reduce volatility... and for that, we need an asset with zero correlation to stocks and that asset is gold" Czech National Bank Governor Ales Michl tells Francine Lacqua why the central bank is increasing its gold holdings https://trib.al/jlQMJMi | Bloomberg
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CENTRAL BANKS ARE STARTING TO TEST BITCOIN FOR REAL Coinbase just pointed out something that flew under the radar. The 🇨🇿Czech National Bank has begun testing #Bitcoin inside its national treasury. Not as a headline stunt. Not out of desperation. They allocated around $1M, ran a proper RFP, chose institutional service providers, and are using #BTC for payments to learn how it works in practice. This is a stable Eurozone country with access to EU borrowing and liquidity. They didn’t need Bitcoi
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