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Russia Exposes U.S. Plot to Dump $37T Debt With Crypto Reset -- misses the point, but real similar plan is better (www.youtube.com)

submitted 1 week ago by humanspiral@lemmy.ca to c/bitcoin@lemmy.ml

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Bitcoin is a better gold than gold. The US is officially exploring how to start a strategic bitcoin reserve without debt. The clear and obvious solution is selling its $1T in gold reserves before every other country, to buy into bitcoin, getting in ahead of other countries, and creating significant profit for treasury and insiders who front run treasury plan.

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[–] humanspiral@lemmy.ca 1 points 1 week ago

video gets it wrong. Gold will not be revalued higher by large amounts, it will be valued lower compared to bitcoin. Market cap of bitcoin will be higher than gold.