A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC).
All part of the plan.
But, who possesses the gold if the transaction goes through?
The btc holders or the exchange or a bank or russia?
How does that transaction happen?
(PS: trump will finally know there is no gold in fort Knox when he steals it all)
or russia
More seriously though, I am honestly not sure where the gold would end up at.
Probably the oligarchs who have a lot of crypto but want to exchange it for more tangible gold. Oh and people hoarding gold is a sign of a potential incoming economic collapse so… not very good for America.
whom
who*
Thank you.
Replacing the gold reserve with a bitcoin reserve? It is a pump and dump scheme the size of a nation.