It would definitely be a big political issue between the party that introduced it and the party that didn't. If Bitcoin was up or down substantially from one term to another I think we would see a push to sell if the non bitcoin party was in power. 

grayruby

Politicians have very high time preference, though, since they have to deal with election cycles.

Governments have high liquidity and low time preferences. In theory they should plan for the long term but they have daily payroll and expenses. 


Bell_curve

A big part of Bob's case is that there are real risks in holding high volatility assets if you have strong liquidity needs, even if they have a very high expected return.


Undisciplined

bitcoin

Should the US Government Acquire a Bitcoin Reserve? • Listen on Fountain

All it takes is one bear market and there will be political pressure to abandon the bitcoin reserve project 