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News@lemmy.worldEnglish · 2 months ago

White House Says Gold Reserves May Be Used to Purchase Bitcoin

finance.yahoo.com

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White House Says Gold Reserves May Be Used to Purchase Bitcoin

finance.yahoo.com

Redditsux@lemmy.world to

News@lemmy.worldEnglish · 2 months ago

A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...

cross-posted from: https://lemmy.bestiver.se/post/289657

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2 months ago
Because we’re talking about value by itself, outside of money. So HashCash for emails is useful even if there’s no money involved, but locking up a dozen Stanley Nickels doesn’t cost anything.

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