This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🇺🇸💰 The US can buy Bitcoin with gold
Senator Cynthia Lummis proposed using part of the country's gold reserves to create a strategic reserve of up to 1 million BTC.
💵 The US already has 328,372 BTC, and gold reserves are estimated at approximately $1.3 trillion.
Lummis considers Bitcoin the new "gold" for long-term stability.
$BTC $XAUT