News@lemmy.worldEnglish · 29 days ago

White House Says Gold Reserves May Be Used to Purchase Bitcoin

finance.yahoo.com

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hackernews@lemmy.bestiver.se

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White House Says Gold Reserves May Be Used to Purchase Bitcoin

finance.yahoo.com

Redditsux@lemmy.world to

News@lemmy.worldEnglish · 29 days ago

195

cross-posted to:
hackernews@lemmy.bestiver.se

A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...

cross-posted from: https://lemmy.bestiver.se/post/289657

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prole@lemmy.blahaj.zone
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28 days ago
Because then people would have to admit that bitcoin isn’t crypto, and PoS consumes something like 99.9% less power than PoW.

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