Central banks should buy bitcoin as a hedge against sanctions by other countries, Harvard Ph.D. candidate says
By Weston Blasi The paper comes shortly after crypto exchange FTX struggled with liquidity issues and filed for bankruptcy. A research paper published at Harvard University is advocating that central banks should buy bitcoin as a hedge against sanctions by other countries. The paper, titled “Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves,” was authored by Ph.D.