What would actually happen if a government decided to finance its Bitcoin purchases by issuing new money? It is a question that deserves serious analysis. When a state prints currency to acquire assets like Bitcoin, it creates immediate inflationary pressures. But it also raises fascinating dilemmas: does Bitcoin become a state reserve asset? How does the market react to a government buyer of such magnitude? Traditional monetary issuance loses purchasing power, while Bitcoin, with its fixed supply, could benefit from that depreciation. Some economists see this as an implicit recognition of Bitcoin as a reserve asset; others see it as pure speculation with public money. The truth is that any country taking this route will redefine its fiscal policy and the relationship between fiat currency and cryptocurrencies. Where is this scenario really heading?