If the U.S. starts swapping gold for Bitcoin !

[Bluebird1357]

The government’s acquired Bitcoin will be kept as a reserve and will consider ways to buy additional Bitcoin in the future under a “budget-neutral” policy. White House official Bo Hines has proposed selling gold reserves to buy Bitcoin. He said in an interview that “some of the U.S. gold reserves could be sold and the money used to buy Bitcoin” could be used as a way to circulate money in a “budget-neutral” way. Again, some think this could start a new arms race. If the U.S. swaps gold for Bitcoin, will other countries also start holding BTC? Then Bitcoin is not “digital gold” anymore, It is gold.

[Zaguru12]

Can you do a favor and share a news link or a source of your news because the last time I read anything to US reserve it was reported that they will not be buying any more bitcoin, so I don’t understand or know where this recent update is coming from most especially with the report that it will be dumping his gold for bitcoin, I strongly doubt this move will be taken by US government that’s why I ask for the source of the news to check it out myself and look for it’s authenticity

[₿itcoin]

Can you do a favor and share a news link or a source of your news because the last time I read anything to US reserve it was reported that they will not be buying any more bitcoin, so I don’t understand or know where this recent update is coming from most especially with the report that it will be dumping his gold for bitcoin, I strongly doubt this move will be taken by US government that’s why I ask for the source of the news to check it out myself and look for it’s authenticity

yeah  many people do think the US government could sell some gold to HODL Bitcoin &  that is already on the table afaik. You knwo White House has already issued an executive order to create a Strategic Bitcoin Reserve, which says it will hold the Bitcoin it has seized as a reserve asset & plans to add more reserves in the future. White House cryptocurrency chief Bo Hines, who advises the White House on digital assets, said that one way the government could get more Bitcoin without costing taxpayers is to use gold certificates.

now the question is will other countries follow suit?
Maybe, you know, some already hold BTC and some are exploring it, like El Salvador, Kazakhstan chatter, Swiss ventures. So I think this US move will definitely accelerate the pace of copycats. But it should also be taken into account that every country's situation is different, politics, central bank policies, foreign exchange conditions all work together, so not every country will be able to exchange gold for crypto overnight. If states pile up on BTC, it will no longer be just digital gold for anarchists but will become a mainstream reserve asset.

you could stream this...

https://x.com/EleanorTerrett/status/1903086384824389902

[LayerzWallet]

do we know if the US government actually has any gold left to sell?

[Die_empty]

Can you do a favor and share a news link or a source of your news because the last time I read anything to US reserve it was reported that they will not be buying any more bitcoin, so I don’t understand or know where this recent update is coming from most especially with the report that it will be dumping his gold for bitcoin, I strongly doubt this move will be taken by US government that’s why I ask for the source of the news to check it out myself and look for it’s authenticity

The information about the government selling Bitcoin for gold is old. It was reported in March this year. 

However, Treasury Secretary Scott Bessent, during an interview, stated that confiscated Bitcoin will form the foundation of the reserve. And the government will not be buying. But a few hours later, he made further clarification that the government is open to using budget-neutral strategies to buy more Bitcoin to expand the reserve.

[Hamza2424]

The government’s acquired Bitcoin will be kept as a reserve and will consider ways to buy additional Bitcoin in the future under a “budget-neutral” policy. White House official Bo Hines has proposed selling gold reserves to buy Bitcoin. He said in an interview that “some of the U.S. gold reserves could be sold and the money used to buy Bitcoin” could be used as a way to circulate money in a “budget-neutral” way. Again, some think this could start a new arms race. If the U.S. swaps gold for Bitcoin, will other countries also start holding BTC? Then Bitcoin is not “digital gold” anymore, It is gold.

Yep these are old topics, they were in news back in March 2025 when the executive order was passed. They said they can buy more Bitcoin using ways that won't put pressure on taxpayers, like no one has to pay extra just because the government thinks they should buy more Bitcoin.

You're also right about the Gold thing, Hines did suggest it, but without Congress approval they can't sell Gold to buy Bitcoin, it's a long and difficult process for Trump administration.

Later Scott Bessent tried to manipulate the market with his comment that they won't be buying extra Bitcoin, which created panic and Bitcoin reacted, but then he reassured they're still finding budget neutral ways to accumulate. Anyway, if they really start doing it, for sure it will create a chain.

[Joy_learns_crypto]

The government’s acquired Bitcoin will be kept as a reserve and will consider ways to buy additional Bitcoin in the future under a “budget-neutral” policy. White House official Bo Hines has proposed selling gold reserves to buy Bitcoin. He said in an interview that “some of the U.S. gold reserves could be sold and the money used to buy Bitcoin” could be used as a way to circulate money in a “budget-neutral” way. Again, some think this could start a new arms race. If the U.S. swaps gold for Bitcoin, will other countries also start holding BTC? Then Bitcoin is not “digital gold” anymore, It is gold.

If this is gotten from a news then let me see the source. The US are buying more bitcoin this Donald Trumps regime but it’s hard to believe that they will need to sell Their Gold to buy more bitcoin.
The US believes in diversity and it is their in their military with diverse ethnicities, in their political and social space too. The US should be able to get more bitcoin without reducing their Gold bank.

[coupable]

The government’s acquired Bitcoin will be kept as a reserve and will consider ways to buy additional Bitcoin in the future under a “budget-neutral” policy. White House official Bo Hines has proposed selling gold reserves to buy Bitcoin. He said in an interview that “some of the U.S. gold reserves could be sold and the money used to buy Bitcoin” could be used as a way to circulate money in a “budget-neutral” way. Again, some think this could start a new arms race. If the U.S. swaps gold for Bitcoin, will other countries also start holding BTC? Then Bitcoin is not “digital gold” anymore, It is gold.

While it can be a great step move the a digital future, it would also bring great risks to the world monetary system without strong regulation frames and mechanisms that help deal with market fluctuations.
The unstability of Bitcoin price will threaten the stability of the US dollar who manage the whole global financial system, as its value remains unstable compared to traditional assets. This is without to mention that the USA relying on a digital asset may also increase the risks of hacking and cybersecurity issues, making it difficult to fully regulate.

This decision could lead to the loss of confidence in USA reserves, especially among countries that use US dollars backed by Gold to determine the value of their national currencies.

[Moreno233]

The US government will never do something like that because it is never in their plan to buy Bitcoin from the statement of Trump instead they will build their reserve using seized Bitcoin. Even the proposal you are using as reference will not see the light of the day as it will not align with the policy of the government of the day. But it would have been something great if they can do that because it will drive the price of Bitcoin very high.

[SUPERSAIAN]

Even if such news had actually occurred, Bitcoin would have started to rise in price. It won't happen as you say. I don't think Trump and the government have any plans to sell their gold in the treasury to buy Bitcoin. If it had, Bitcoin would be at a very different level. While the US owns various commodities, they want to buy Bitcoin for diversification. Selling their gold to buy Bitcoin seems a bit unreasonable. No country wants to sell its gold.

[coupable]

The US government will never do something like that because it is never in their plan to buy Bitcoin from the statement of Trump instead they will build their reserve using seized Bitcoin. Even the proposal you are using as reference will not see the light of the day as it will not align with the policy of the government of the day. But it would have been something great if they can do that because it will drive the price of Bitcoin very high.

This was an imaginary scenario that would never see the light unless the USA will get rid off all the dollars in the world or find a way to mint new dollars with bitcoin backed reserve instead of gold, which are also imaginary scenarios. During the last session about bitcoin in the Congress, senates never debated the future of so called national reserve in crypto made by Trump because there are no doubts that money of tax payers may be used to fill the wallet reserve. If the way is to fill it with seized cryptocurrencies, it would take very longtime to talk about that it was a wise decision from Trump administration.

[Hispo]

do we know if the US government actually has any gold left to sell?

That is something I was going to point out, by the way... There are been so many claims of the United States not allowing independent audit at Fort Knox and other of their gold strongholds because of the theory of lack of liquidty and insolvency of the United States when comes to their actual gold reserves.
As it stands today, it would not be convenient for the Federal government of the USA to swap gold for Bitcoin and Blockchain is completely transparent and auditable and the Feds seem to like keeping the actual value of their asset reserves hidden from public scrutiny.

I believe USA has a lot of gold, but not as much as they usually claim to be in their trunks.

[pooya87]

That sounds like a silly move at this scale, although I'm not sure how much gold US government even has!
It is silly because due to the chaos in the world and the threat of armed conflict, all countries are amassing gold. Many central banks have been on a gold buying spree for over 3 years now, which is why gold price is so high right now.
And that's not going to stop any time soon. Which means it is time to continue accumulating gold and holding what you have not to sell it.

Also the fact that no other country has made a move to do anything similar is an indication that nobody is taking these words (ie. "U.S. gold reserves could be sold and the money used to buy Bitcoin") seriously...

[bubilas]

The government’s acquired Bitcoin will be kept as a reserve and will consider ways to buy additional Bitcoin in the future under a “budget-neutral” policy. White House official Bo Hines has proposed selling gold reserves to buy Bitcoin. He said in an interview that “some of the U.S. gold reserves could be sold and the money used to buy Bitcoin” could be used as a way to circulate money in a “budget-neutral” way. Again, some think this could start a new arms race. If the U.S. swaps gold for Bitcoin, will other countries also start holding BTC? Then Bitcoin is not “digital gold” anymore, It is gold.

I think that, despite the fact that each of us loves Bitcoin, it would be a very risky move on the part of the US government. The fact is that the gold reserves, so carefully preserved by Nixon in his time, will continue to be guarded by the government as a last resort. It's an asset that gives the US elite, and ordinary citizens in general, peace of mind. If they trade it for Bitcoin, it would be a bold but very risky strategy. Although I would be all for it if they did.

[aylabadia05]

The government’s acquired Bitcoin will be kept as a reserve and will consider ways to buy additional Bitcoin in the future under a “budget-neutral” policy. White House official Bo Hines has proposed selling gold reserves to buy Bitcoin. He said in an interview that “some of the U.S. gold reserves could be sold and the money used to buy Bitcoin” could be used as a way to circulate money in a “budget-neutral” way. Again, some think this could start a new arms race. If the U.S. swaps gold for Bitcoin, will other countries also start holding BTC? Then Bitcoin is not “digital gold” anymore, It is gold.

It's not news that the White House is reportedly being advised to sell the gold used as their national reserve for Bitcoin.
This isn't just one source, but many sources have reported on it.

Positively, I'd be happy if it were to happen. It can raise awareness about the importance of preparing for the future, and I realize that choosing Bitcoin as a national reserve would be a 99% effective move, considering that research I've read suggests Bitcoin is the best hedge against other assets.
The question is, would 99% of them actually make this move as their national reserve?

[abaeze]

The government’s acquired Bitcoin will be kept as a reserve and will consider ways to buy additional Bitcoin in the future under a “budget-neutral” policy. White House official Bo Hines has proposed selling gold reserves to buy Bitcoin. He said in an interview that “some of the U.S. gold reserves could be sold and the money used to buy Bitcoin” could be used as a way to circulate money in a “budget-neutral” way. Again, some think this could start a new arms race. If the U.S. swaps gold for Bitcoin, will other countries also start holding BTC? Then Bitcoin is not “digital gold” anymore, It is gold.

What I mean by budget-neutral policy is creating resources from existing assets without taking on new taxes or borrowing.
Now if the US sells its gold and buys BTC, then maybe the budget will not be as stressed and the price of BTC will increase but the nature of the reserves will change. One thing to remember is that - it is easy to say but difficult to do.

[o48o]

The government’s acquired Bitcoin will be kept as a reserve and will consider ways to buy additional Bitcoin in the future under a “budget-neutral” policy. White House official Bo Hines has proposed selling gold reserves to buy Bitcoin. He said in an interview that “some of the U.S. gold reserves could be sold and the money used to buy Bitcoin” could be used as a way to circulate money in a “budget-neutral” way. Again, some think this could start a new arms race. If the U.S. swaps gold for Bitcoin, will other countries also start holding BTC? Then Bitcoin is not “digital gold” anymore, It is gold.

Ahy isn't keeping all the confiscated bitcoins in their reserves enough? Who benefits from the fact that few wallets are owning majority of bitcoins?

What's the point of buying it if you have to sell the safest possible reserves in the markets (gold)?

And no, btc isn't gold if you swap gold to it or if countries are hodling it. Just like btc isn't a house or a car if you swap either of them to btc. It's a freaking distributed ledger with ability to perform very basic computing functions, which are very costly. It's not magic.

Also, "Use sources with your texts. This is the internet for Christ sake". That's a quote from Socrates, and you have to believe it now, even if i don't use sources.

[fillippone]

I saw vague reference to this in my thread:

Everything you wanted to know about Bitcoin Strategic Reserve

But I saw no reliable sources.
Also, even if I think bitcoin is incredibly undervalued according to this comparison with gold, I guess this would be an something the US is not willing to do, given the link between gold reserves and (perceived) solidity of their national currency.

[STT]

Selling the gold would alter the dollar standing drastically, it would not be advisable especially with so much treasury debt into the trillions.   Just the perception of selling that gold is not a smart move.
  Generally I would say the importance of that gold is not so important but the perception is, despite clearly the dollar not being backed by gold the legacy of that once being true is probably quite a large part of what allows Dollar to be the world reserve currency.
   Also the operation of the FED, however disliked that is its not best to mess with the balance of the whole system while so indebted and in a fiscal deficit.

[retaur]

When the UK sold it's gold it sold it at a very bad price. If the US tries to do the same, even though gold is up at the moment, there's no saying what price the gold will sell at if they sell a lot of it. Most people sell the news and buy the speculation...

They'd be better off just keeping confiscated coins from their previous plan of making a hostile environment towards cryptocurrency and using that to get more as it makes it impossible to discern misinform from facts.