White House Says Gold Reserves May Be Used to Purchase Bitcoin

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The White House recently indicated that it might use gold reserves to purchase Bitcoin, a move that has stirred considerable debate. Critics point out the impracticality and potential risks associated with this strategy, arguing it may not align with sound economic policy. While some commenters express interest in the idea as a means to diversify government holdings, others dismiss it as foolish or indicative of poor governance. Key concerns include the volatility of Bitcoin, the implications for U.S. financial stability, and the ethicality of such actions in the context of current economic conditions.
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