Proposal to sell US gold reserves to buy 1 million bitcoins
Senator Cynthia Lummis is proposing to sell a portion of the US gold reserves to fund the purchase of 1 million bitcoins, with the aim of creating a strategic reserve of bitcoins without increasing the government deficit. The project faces significant challenges due to lack of support and concerns about the stability of bitcoin, while some believe that its implementation could push the price of the digital currency to record levels.