Counterweight: The Case for Bitcoin as Central Bank Reserve Asset by Atty. Rafael Padilla
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Counterweight: The Case for Bitcoin as Central Bank Reserve Asset by Atty. Rafael Padilla

Rafael proposes that bitcoin, a new asset class, should be considered as a strategic reserve asset that can function as systemic hedge that will help maintain financial stability amid the economic havoc that is COVID-19 Pandemic, and to insulate the domestic financial system from the vulnerabilities of the current U.S. dollar-centric international monetary system.