CoinVoice recently learned that Gabor Gurbacs, Tether strategist and VanEck consultant, said that the logic of the Fed buying Bitcoin instead of U.S. Treasuries is based on the fundamental difference between the two assets: one can be printed infinitely and the other cannot. This is essentially a hard asset acquisition strategy, similar to what central banks do with gold. The Fed aims to diversify its asset holdings and protect against potential inflation and currency fluctuations by switching from Treasury bonds that can be printed at will to Bitcoin, which has a fixed supply. In fact, this is a hedge against itself, and most central banks currently achieve this mainly by holding gold. Bitcoin is increasingly being included in the hedging portfolio of central bank portfolios. [Original link]