An interesting position by Chamath Palihapitiya recently surfaced — he questions whether Bitcoin should even be a reserve asset for central banks. Chamath Palihapitiya, as is well known, is an active investor in the crypto space, and his opinion usually attracts community attention.

In fact, this news was reported by CoinDesk — a media outlet that takes a fairly serious approach to covering crypto events. They have even received journalistic awards for their investigations, including the famous piece on FTX.

Chamath Palihapitiya seems to see some issues with the concept of Bitcoin as a reserve asset. This is interesting because many in the space consider this one of the key development scenarios. Palihapitiya’s position sparks a discussion about whether central banks are even ready to hold crypto in their reserves.

It’s worth noting that CoinDesk adheres to certain editorial standards and strives to be an objective source of information. The publication is part of Bullish — a digital assets platform for institutional investors. So when they write about such topics, it usually indicates that the subject is truly relevant to the industry.