Senator proposes replenishing Bitcoin reserves with gold: Here’s how it will work

CAT November 23, 2024 1 min read

Anna Kharton

Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government’s finances. In an interview with CNBC, Lummis suggested that the Federal Reserve sell some of its gold reserves, which were valued at 1970s prices, and…

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Senator proposes replenishing Bitcoin reserves with gold: Here’s how it will work

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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