比特币，不是牛肉，是通往非洲繁荣的道路

SARB州长的问题：“为什么不战略性牛肉储备？”在2025年，达沃斯的世界经济论坛上可能是言辞

South Africa Reserve Bank (SARB) governor Lesetja Kganyago’s question, “Why not strategic beef reserve?” at the 2025 World Economic Forum in Davos may have been rhetorical, but his seemingly sarcastic remark about “strategic bitcoin reserves” inadvertently underscored the need for Africa to rethink its economic strategies in the face of global financial shifts.

南非储备银行（SARB）州长Lesetja Kganyago的问题：“为什么不战略性牛肉储备？”在2025年，达沃斯的世界经济论坛上可能是言辞，但他对“战略比特币储备”的看似讽刺的评论无意中强调了非洲在面对全球金融转变时重新考虑其经济战略的必要性。

In a world increasingly defined by digital transformation, the concept of money and value storage is evolving rapidly. Africa is no stranger to commodity-based economies. From oil to gold, beef to cocoa, the continent has long relied on natural resources for economic sustenance. However, these commodities are fraught with challenges.

在一个越来越多地由数字化转型定义的世界中，货币和价值存储的概念正在迅速发展。非洲对基于商品的经济体并不陌生。从石油到黄金，牛肉再到可可，大陆长期以来一直依靠自然资源来进行经济寄托。但是，这些商品充满了挑战。

Global commodity prices are highly susceptible to market fluctuations, geopolitical tensions, and climate change. For instance, the price of beef can swing dramatically due to disease outbreaks or trade restrictions, just the way the value of fiat currencies swings and remains unpredictable when traded against digital assets like bitcoin due to regional financial policies and currency devaluation. According to the Food and Agriculture Organization (FAO), beef prices have experienced volatility of up to 30% year-over-year due to factors like foot-and-mouth disease and export bans.

全球商品价格极易受到市场波动，地缘政治紧张局势和气候变化的影响。例如，由于疾病爆发或贸易限制，牛肉的价格可能会急剧摆动，就像法定货币波动的价值波动的价值，并且由于区域金融政策和货币贬值而与比特币（例如比特币）进行交易时，仍然无法预测。根据食品和农业组织（FAO）的数据，由于诸如脚和口疾病和出口禁令之类的因素，牛肉价格的同比的波动性高达30％。

Even though Brian Armstrong, CEO of Coinbase, responded to Kganyago’s question with a compelling argument: Bitcoin is not just a better form of money than gold, it is also more portable, divisible, and utility-driven. Over the past decade, bitcoin has outperformed every major asset class, cementing its position as a superior store of value.

尽管Coinbase的首席执行官Brian Armstrong以令人信服的论点对Kganyago的问题做出了回答：比特币不仅是一种更好的金钱形式，而且更便于便携，可分裂和实用性驱动。在过去的十年中，比特币的表现优于每个主要资产类别，巩固了其作为优越价值存储的地位。

For Africa, a continent often marginalized in the global financial system, a Strategic Bitcoin Reserve could be the key to unlocking economic independence, fostering innovation, and securing long-term prosperity.

对于非洲，一个经常在全球金融体系中被边缘化的大陆，战略性比特币储备可能是释放经济独立性，促进创新并确保长期繁荣的关键。

It’s time to be factual and realistic in our comparison. Bitcoin exists digitally and requires no physical storage, commodities like beef and mutton are perishable and costly to maintain. The World Bank estimates that post-harvest losses for agricultural products in Africa amount to $48 billion annually, highlighting the inefficiencies of commodity-based reserves. While commodities have intrinsic value, their utility is restricted to specific industries. Bitcoin, on the other hand, is a global, borderless asset with applications in finance, technology, and beyond while its unique properties make it an ideal candidate for a strategic reserve asset. With a capped supply of 21 million coins, bitcoin is inherently deflationary, unlike fiat currencies that can be printed indefinitely or beef with endless reproductive mechanisms. According to CoinMarketCap, bitcoin’s market capitalization has grown from less than 1 billion in 2013 to over 1 trillion in 2025, demonstrating its rapid adoption and value appreciation.

在我们的比较中，是时候做到事实和现实了。比特币存在数字化，不需要物理存储，牛肉和羊肉等商品可腐烂且昂贵。世界银行估计，非洲农产品的收获后损失每年为480亿美元，强调了基于商品的储量的效率低下。尽管商品具有内在价值，但它们的效用仅限于特定行业。另一方面，比特币是一项全球无边界资产，拥有金融，技术以及超越的应用，而其独特的特性使其成为战略储备资产的理想候选人。比特币盖上了2100万个硬币，比特币本质上是放置的，与可以无限期印刷的法定货币或具有无尽生殖机制的牛肉不同。根据CoinMarketCap的数据，比特币的市值已从2013年的不到10亿增加到2025年的超过1万亿，这表明其迅速采用和价值升值。

WHY BITCOIN OVER BEEF ?

为什么要牛肉比特币？

Bitcoin can be transferred across borders in minutes and divided into smaller units (satoshis), making it more practical than gold or beef. Over the past decade, bitcoin has delivered an average annual return of over 200%, outperforming gold, stocks, and real estate. A study by Fidelity Investments found that bitcoin’s risk-adjusted returns are superior to traditional assets, making it an attractive option for long-term wealth preservation. Globally, nations are beginning to recognize bitcoin’s potential as a reserve asset. El Salvador made history in 2021 by adopting bitcoin as legal tender, while countries like Switzerland and Singapore have integrated bitcoin into their financial systems. This is 2025 and The United States “Strategic Bitcoin Reserve” Bill is already in the pipeline. According to a 2023 report by Chainalysis, Africa is one of the fastest-growing cryptocurrency markets, with Nigeria, Kenya and South Africa leading in adoption.

比特币可以在几分钟内跨边界转移，并分为较小的单元（satoshis），使其比黄金或牛肉更实用。在过去的十年中，比特币的平均年收益超过200％，胜过黄金，股票和房地产。 Fidelity Investments的一项研究发现，比特币的风险调整后收益优于传统资产，使其成为长期财富保存的有吸引力的选择。在全球范围内，各国开始认识到比特币的潜力是储备资产。埃尔·萨尔瓦多（El Salvador）在2021年通过比特币作为法定招标来创造历史，而瑞士和新加坡等国家将比特币纳入其金融系统。这是2025年，美国的“战略比特币储备”法案已经在计划中。根据Chainalysis的2023年报告，非洲是增长最快的加密货币市场之一，尼日利亚，肯尼亚和南非领先。

Bitcoin’s deflationary nature makes it an effective hedge against inflation, which has plagued many African economies. For example, Nigeria’s inflation rate hit 34.80% in 2024, eroding the value of the Naira. A bitcoin reserve could protect national wealth from such devaluation. By allocating just 1% of its reserves to bitcoin, Africa could unlock billions in value. For instance, if the continent’s combined foreign reserves of 500 billion included 5 billion in bitcoin, a 10x appreciation in bitcoin’s value would yield $50 billion in returns. Unlike beef production, which contributes to deforestation and greenhouse gas emissions, bitcoin mining can be powered by renewable energy. According to the Cambridge Bitcoin Electricity Consumption Index, 58.5% of global bitcoin mining is powered by renewable energy as of 2021. Africa’s vast solar and hydroelectric potential makes it an ideal location for sustainable bitcoin mining operations. Storing and managing bitcoin reserves is far more cost-effective than maintaining commodity reserves. There are no storage costs, no risk of spoilage, and no need for complex logistics.

比特币的缩放性质使其成为抵抗通货膨胀的有效对冲，这困扰着许多非洲经济体。例如，尼日利亚的通货膨胀率在2024年达到34.80％，侵蚀了奈拉的价值。比特币储备可以保护国家财富免受这种贬值。通过将其1％的储量分配给比特币，非洲可以释放数十亿美元的价值。例如，如果非洲大陆的外国储备为5000亿储备包括50亿比特币，则比特币价值的10倍赞赏将产生500亿美元的回报。与牛肉产量不同，这有助于森林砍伐和温室气体排放，比特币采矿可以由可再生能源提供动力。根据剑桥比特币消耗指数的数据，截至2021年，全球比特币矿业中有58.5％由可再生能源提供动力。非洲的巨大太阳能和水力发电潜力使其成为可持续比特币采矿业务的理想场所。储存和管理比特币储量比维持商品储备更具成本效益。没有存储成本，没有变质的风险，也不需要复杂的物流。

El Salvador’s adoption of bitcoin as legal tender provides valuable insights for Africa. Despite initial skepticism, bitcoin has boosted tourism and foreign investment in El Salvador. According to the Central Reserve Bank of El Salvador

埃尔·萨尔瓦多（El Salvador）采用比特币作为法定货币为非洲提供了宝贵的见解。尽管最初怀疑，但比特币还是在萨尔瓦多增加了旅游业和外国投资。根据萨尔瓦多中央储备银行的说法