A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC).
A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC).
It goes to whoever can provide Bitcoin. So, likely an exchange. Which ultimately gives the money to people selling Bitcoin. Many of whom are in North Korea and Russia.
Crypto investment is very risky. Too volatile. Too virtual. No protection against theft/fraud. Also a govt should really invest in companies in its own jurisdiction.