Having a non-debt asset that inflates forever on the balance sheet of Central Banks makes lots of accounting sense.

In fact, that was supposed to be the role of Gold, however the shortsighted law 31 USC § 5116-5117 set the price of gold at $42.2222 statutorily -- thus Gold held on the Feds balance sheet never changes price, so never acts as a meaningful positive asset against inflation.

This law was put in place by well-meaning, but shortsighted congressmen who were trying to limit the Feds ability to print. It never worked and like all "price controls" has forever distorted the market.

Eventually, the accountants and finance specialist within the govt will realize that they can have a "do over", but this time using Bitcoin.