News@lemmy.worldEnglish · 1 year ago

White House Says Gold Reserves May Be Used to Purchase Bitcoin

finance.yahoo.com

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White House Says Gold Reserves May Be Used to Purchase Bitcoin

finance.yahoo.com

Redditsux@lemmy.world to

News@lemmy.worldEnglish · 1 year ago

188

A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...

cross-posted from: https://lemmy.bestiver.se/post/289657

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circuitfarmer
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1 year ago

budget neutral

What the actual fuck. If you trade gold for bitcoin, you no longer have the gold. Budget neutral my ass.
- Diurnambule@jlai.lu
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  But imagine you sell the gold but you keep it. Bam budget neutral.

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