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.
I understand what you mean-people are not impressed with ideas ever and it is all about implementation. An action such as selling gold in exchange of bitcoin could prove to be a genius in the long-run, but unless it is done perfectly, individuals may perceive it as insane.
It brings to my mind the stories of company or leader having the brilliant strategy that just could not work due to the rollout not being made clear. A correct framing of the rationale and the process would transform doubt into certainty.
Wondering whether anyone here has encountered in finance or government any of those where it turned on an ability to execute.