Re: Central banks and financial instutions selling gold to retail to buy crypto
Hopefully, any banks investing into bitcoin are able to recognize the difference between bitcoin and crypto, and so in that sense, any of them that have any clues would be ONLY investing into bitcoin - not shitcoins and/or crypto. Sure, some of them might not know the difference between bitcoin and crypto. .and they might be distracted into thinking that various shitcoins are valuable.
I don't think any institution or even the central bank will officially make an announcement about those starting to accumulate bitcoin. Because they will only make an announcement when they are almost finished with their bitcoin accumulation. I think the large companies that we currently know are continuously accumulating bitcoin are examples of those who already understand the difference between bitcoin and crypto itself. I'm not talking about Microstrategy, because this one is out of the question because they have explored bitcoin very well. But about giant world companies that are currently publicly continuing to accumulate bitcoins such as Blackrock and others. And strangely many people ignore their movements. even though it is already a sign that Bitcoin will be very valuable in the long term. So those who are in a hurry to release it may only be those who have invested without knowing how important bitcoin itself will be in the global economic cycle one day in the digital era. About Gold I prefer to call it stable or a store of value. Because in my country the price of 1 ram from the past until now is still the same, namely 2 grams of gold to 2.5 grams of gold. And that hasn't changed. People think the price of gold will rise. even though the value of their currency is decreasing. But I think the increase in the value of bitcoin has been proven. Yes, I understand the fluctuations. But it is normal that in all assets there will always be fluctuations.Your example of MSTR is that they have to disclose because they are a public company. I do think that they disclose more than they have to disclose, yet since they had gotten into bitcoin, they seemed to have had errored on the side of overly disclosing their various bitcoin-related activities.
Banks and/or private institutions may not be obligated to disclose, and their obligations to disclose may well depend on the jurisdiction that they are in.
You're not crazy to think so, but you're not the first. This hypothesis has been circulated by bitcoin investors for years now but interestingly, nothing has changed, so far. On the contrary, the demand for gold is increasing and causing the price of gold to increase as well. Gold has increased from 11 trillion to 22 trillion in just 4 years from 2021 to 2025, while bitcoin has only increased from 1 trillion to 2 trillion in the same period.
You are both being selective in your time period, if you are choosing bitcoin's 2021 top for your starting point, and even with your example, the each doubled in market cap.
You probably would be better off to try to be more realistic with yourself and to actually measure bitcoin against gold to the extent that you might want to give a more accurate presentation of the situation.
Here is what gold to bitcoin looks like in the past 15 years.
https://www.longtermtrends.net/bitcoin-vs-gold/
Sure there is a wee bit of a blip in the last few months, but the trajectory is of bitcoin's value as compared with gold is up and ongoingly up, even if you are trying to suggest by using absolute numbers that bitcoin is not going to catchup and pass gold.. which you are likely living in a fantasy if you want o make that kind of an argument