Will America buy Bitcoin using it's gold reserve?

Yesterday, I was crawling down at Twitter. Then the news came in front of me. In fact, I want to verify whether this news is a rumor or the truth. Later I saw some news media and websites on the news.

Recently a senior officer of White House official indicated that the United States could use the gold reserve to buy Bitcoin. In fact, the news is spread on the basis of this statement.

Executive director of the American President's Digital Resource Advisory Council Bo-Hines, said in an interview that the United States could buy Bitcoin by it’s reserved gold. According to him, it is a step to increase America's Bitcoin Reserve.

Hines mentions the Bitcoin Act of 2021, which is proposed by Senator Cynthia Lumis (Republican-YO), which supports the United States within five years, which supports about 5% of the total Bitcoin supply to the United States, which supports the acquisition.

If this news is actually true then the United States can be a top player worldwide in the Crypto market.

Do you think the news is true? If America is able to do this, what will be the impact of the crypto market?

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