Gabor Gurbacs, founder of Pointsville and former VanEck consultant, wrote on X that the logic behind 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. By moving from Treasury bonds, which can be printed at will, to Bitcoin, which has a fixed supply, the Fed aims to diversify its assets and potentially protect against inflation and monetary instability. It is essentially a hedge against itself, and most central banks currently do this primarily through their holdings of gold. Bitcoin is increasingly being included in the hedging mix of central bank portfolios. #PEPE市值超越LTC