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[Wang Yongli, Former Vice President Of The Bank Of China: Rationally Look At Trump's New Bitcoin Policy] Wang Yongli, Former Vice President Of The Bank Of China, Published An Article In The First Issue Of "China Foreign Exchange" In 2025 Entitled "Rationally Look At Trump's New Bitcoin Policy", In Which He Mentioned That Bitcoin Highly Imitates Gold At The "currency" Level, And Its Total Amount And Phased Increase Are Completely Set By The System, Which Is More Stringent Than Gold (it Is Actually Unclear How Much Gold Reserves There Are). The Amount That Can Be Used For Exchange Transactions Is More Limited, And It Cannot Grow With The Growth Of The Value Of Tradable Wealth At All, Which Does Not Meet The Essential Requirements Of Currency. In Addition, Bitcoin Is A Pure Chain-born Digital Asset, Not A Natural Physical Asset. Once Trust Is Lost, It Will Be Wiped Out And Worthless, And The Risk Is Far Greater Than That Of Gold. With Trump's Victory In The US Presidential Election, The New Bitcoin Policy He Proposed Has Received Widespread Attention And Heated Discussion. We Need To Calm Down, Look At It Rationally And Objectively, And Avoid Making Subversive Mistakes. It Is Difficult For The United States To Guarantee That All New Bitcoins Can Be Generated In The United States, And It Is Even More Difficult To Guarantee That They All Belong To The US Government. The So-called National Strategic Reserve Of Bitcoin, Whether It Is A Strategic Reserve Of The Government (finance) Or A Strategic Reserve Of The Federal Reserve (central Bank) As The US Dollar, Has Risks And Uncertainties

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