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Could the Treasury Revalue Gold for Bitcoin Reserve or Debt Relief?
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Could the Treasury Revalue Gold for Bitcoin Reserve or Debt Relief?

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Could the Treasury revalue Fort Knox gold to fund a bitcoin reserve or cut the $37T debt? A Fed note explores how it’s worked abroad.

Revaluing Fort Knox's gold to fund a strategic bitcoin reserve or pay down the national debt is no longer unthinkable. Bettmann Archive Gold is up more than 40% in the past year, from under $2,400 an ounce to over $3,400. Meanwhile, the national debt... [4127 chars]

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Source: Forbes

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