Michael Saylor urges U.S. to sell gold, buy Bitcoin instead

Michael Saylor urges the government of the United States to sell their gold, as it accounts for more than half of the country’s financial reserves. The U.S. government is publicly known as one of the largest nations that owns gold as its reserve, which accounts for 72% of the total. Based on TradingEconomics data on […]

Republican Senator proposed to buy more Bitcoin by selling The Fed’s gold

U.S. Senator Cynthia Lummis proposed a Bitcoin national strategic reserve by selling some of The Federal Reserve’s gold, rather than buying from government budget. Cynthia Lummis, a Republican Senator, plans to push President-elect Donald Trump’s masterplan for Bitcoin into reality. Lummis has mentioned, in an interview with Bloomberg, that some of The Federal Reserve’s gold […]