A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...
  • Wahots@pawb.social
    111·
    7 months ago

    That, and gold actually has properties that make it useful, like not oxidizing and being a good conductor. It still has value even if it was otherwise worthless as a currency

    • explodicle@sh.itjust.worksEnglish
      13·
      7 months ago

      If bitcoin was otherwise worthless as a currency, then it would still be useful for secure time stamps.