Quote from: HelliumZ on Today at 10:42:55 AM

Quote from: Tyr808 on November 19, 2024, 03:28:08 PM

With an US senator proposing getting rid of gold reserves to replace them with bitcoin, will be interestkng to see what Trump does

It is never possible because the amount of gold that is in American reserves is not even in developed countries of the world. No matter how much the Bitcoin market grows, America will never sell gold from its reserves and replace that gold with Bitcoin reserves. No matter how much of a Bitcoin lover Donald Trump is, Donald Trump would never want the American Reserve to sell gold and hold Bitcoin holdings.

A portion - yeah.
Most of it - never.
I do agree with such a line of thought because things are done differently on an institutional scale - by reliable and tested methods.