#比特币作为国家储备资产 Looking back, the topic of Bitcoin as a national reserve asset has gone through ups and downs. I remember in September 2021, El Salvador was the first to incorporate Bitcoin into its national reserves, sparking global discussions. At that time, many believed this would usher in a new era, but the reality proved to be overly optimistic.

Seeing Bullish holding 24,000 Bitcoins ready for listing nowadays inevitably reminds people of those crazy years. From historical experience, such large-scale holdings going public often indicate that the market is about to change direction. However, unlike national reserves, corporate holdings are ultimately driven by business considerations.

Looking at the development of cryptocurrencies, periodic fluctuations are the norm. Each round of bull and bear market reshapes the industry landscape, eliminating bubbles while also giving birth to new opportunities. For investors, the key is to remain rational and not be blinded by short-term fluctuations.

Whether Bitcoin can become a reserve asset for mainstream countries, I personally believe it will still take time. However, its status as a new asset class has already been established, and it is likely to play an increasingly important role in the global financial system in the future. History tends to rise in spirals through repetition; what we need to do is grasp the trends amidst change and seek opportunities amid challenges.