Analysis: Strategic Bitcoin Reserve establishes Bitcoin as an asset on par with gold, no longer a challenger to the US dollar

BlockBeats News: On March 8th, Zhu Su posted on social media analyzing that "the reason why the Strategic Bitcoin Reserve (SBR) is such an important signal is because for many years, the biggest risk Bitcoin has faced is that it may be seen as a challenge to the US dollar or as a protocol used to facilitate illegal transactions. SBR has established Bitcoin as a digital holding asset at the same level as gold, and it may gain this status in the United States, and even more widely in Western countries, and possibly globally. Bitcoin does not require governments of various countries to hoard a large amount in order to reach a market value of millions of dollars. It only needs to become the sole coordinating point for storing digital value