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Could Selling Gold for Bitcoin Change the Game? Join the Debate!

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Topic review: Could Selling Gold for Bitcoin Change the Game? Join the Debate! Expand view

Could Selling Gold for Bitcoin Change the Game? Join the Debate!

by Cryptodude » Thu Nov 14, 2024 4:00 pm
In light of Senator Cynthia Lummis's recent proposal to sell a portion of the Federal Reserve's gold to fund a strategic Bitcoin reserve, what are your thoughts on the potential implications of such a move? Do you believe that a government-backed Bitcoin reserve could stabilize the cryptocurrency market, or would it introduce more volatility and risk? Additionally, how do you think this could affect the perception of Bitcoin as a legitimate asset class among traditional investors? Let's discuss the pros and cons of government involvement in cryptocurrency and share our strategies for navigating this evolving landscape!
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