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Scraped on 15/08/2025, 19:41:33 UTC
Quote from: fillippone on August 15, 2025, 12:33:53 PM
Quote from: Dareo on August 15, 2025, 11:16:30 AM

I guess the idea is not totally wrong, but is the execution what matters: it is certainly possible for the US Government to sell some gold to buy bitcoin. Selling physical gold to buy digital gold is a good move in the long run, but comprehension is not there yet. It must be cleverly communicated.
The problem is that one thing that for sure was missing from this President's actions and team: it is the flawless execution.


Here are two very important things.
Pre-planning to buy Bitcoin by selling gold and sustainable planning for long-term use after purchase.
In the first case, as you said, you can buy digital gold by selling physical gold. Yes, this is definitely a good sign because if you compare Bitcoin and gold in the last 15 years, you will see that Bitcoin is ahead in all aspects, but this cannot be done in a hurry, it requires a big plan.
Suppose you buy Bitcoin by selling gold, then the most important aspect is that those who will be in charge of the strategic reserve may have different ideologies, as a result, there will always be a haze about Bitcoin. The most important of these is the change in leadership. The current government may believe in Bitcoin and trust it, so it will sell gold and buy Bitcoin, but if there is a change of power, the one who comes to power later may not be so keen on Bitcoin, then the long-term investment plan of Bitcoin may be disrupted and this will also have a huge impact on the Bitcoin market at that time.

So we think it is easy, but the task is actually not that easy.
Original archived Re: Everything you wanted to know about Bitcoin Strategic Reserve
Scraped on 15/08/2025, 19:37:07 UTC
Quote from: fillippone on August 15, 2025, 12:33:53 PM
Quote from: Dareo on August 15, 2025, 11:16:30 AM

I guess the idea is not totally wrong, but is the execution what matters: it is certainly possible for the US Government to sell some gold to buy bitcoin. Selling physical gold to buy digital gold is a good move in the long run, but comprehension is not there yet. It must be cleverly communicated.
The problem is that one thing that for sure was missing from this President's actions and team: it is the flawless execution.


Here are two very important things.
Pre-planning to buy Bitcoin by selling gold and sustainable planning for long-term use after purchase.
In the first case, as you said, you can buy digital gold by selling physical gold. Yes, this is definitely a good sign because if you compare Bitcoin and gold in the last 15 years, you will see that Bitcoin is ahead in all aspects, but this cannot be done in a hurry, it requires a big plan.
Suppose you buy Bitcoin by selling gold, then the most important aspect is that those who will be in charge of the strategic reserve may have different ideologies, as a result, there will always be a haze about Bitcoin. The most important of these is the change in leadership. The current government may believe in Bitcoin and trust it, so it will sell gold and buy Bitcoin, but if there is a change of power, the one who comes to power later may not be so keen on Bitcoin, then the long-term investment plan of Bitcoin may be disrupted and this will also have a huge impact on the Bitcoin market at that time.

So we think it is easy, but the task is actually not that easy.