As long as bitcoin reserves are not passed by Congress and become bitcoin act, we should stop dreaming about them selling gold to buy bitcoin or investing bitcoin from national treasury/assets.

People need to know that Trump's Bitcoin reserves are fragile and will be easily repealed by the next administration. Things are still uncertain, so don't put too much hope and consider it as a major factor to drive bitcoin price.

Don't let politicians manipulate us so easily.

The White House has never had any plans or intentions to sell gold to buy bitcoin, any idea of ​​buying more bitcoin is just a rumor. Selling gold or buying bitcoin is not a simple matter. To do that, it is necessary to pass a new bill, the White House will not be able to sell gold without the consent of the House of Representatives and the Senate, which is an impossible task.


But only Bitcoin is recognized by the White House as a strategic reserve, the remaining altcoins are called Digital Asset Stockpile. These two are completely different, and if they were to intend and be allowed to buy crypto assets as national reserves, I guess they would just focus on bitcoin.

I do not think they should do this, to be honest. As much as bitcoin can be profitable, gold is also beneficial especially for governments’ reserves. It’s less volatile than bitcoin so I believe that it can be helpful in times where maybe bitcoin can’t deliver exactly. There’s nothing wrong with having multiple assets. It would be safer that way, imo.
That’s already what they are doing, are they not? They can maybe buy more but they should keep the gold. A country with no gold may find themselves at risk.

Government aren't risk taker, so I don't think we will expect they would sell their gold reserves for Bitcoin.

Instead they will try find a way to fund the Bitcoin reserves without any cost, which is claim the seized Bitcoins. They might become more aggressive to seize someone else coins when there's a thing not pass their regulations/laws.

My opinion for the first point is to let gold and bitcoin go hand in hand without taking part of each other. In other words, do not reduce gold reserves for bitcoin reserves. The US can still get it from other sources, shouldn't America still be a superpower? In addition to bitcoin reserves being important in digital finance, gold is also an important center to show the US as a country that remains important in the eyes of other countries.

I read some time ago (when everybody was talking about the Strategic Reserve) that one of the plans (I think it was Cynthia Lummins who proposed that) is indeed "cost neutral": not to sell gold, but instead revalue their gold certificates which still are valued at an outdated price ($42 per ounce). Bo Hines has recently confirmed that possibility.

That would perhaps not generate enormous amounts of funds, but would be cost neutral, because they could simply take the profits (i.e. buy Bitcoin with dollars using the difference between the old valuation and the current valuation at close to gold ATH prices).

Of course it would be perhaps a bit of a gamble, because the gold prices could fall again (e.g. if the current geopolitical tensions decrease) and then they would have to revalue the certificates again. I'm not an expert about reserves but I think that would means that they'd have to restrict Treasury balances (having less money). But in theory that could be compensated by a Bitcoin re-valuation if Bitcoin's price rises

To be honest bitcoin reserve is a good initiative especially one a country would pass bills to adopt, in fact it's even an indirect check that such a country allows the use of Bitcoin as a legal tender. However the biggest problem I see with countries adopting bitcoin reserves is the effect they would have on price if they intend to make a sell move.

Definitely countries that adopt bitcoin reserves have a pre- speculation of how they intend to profit off it over the next "X" years as the case may be. However the effect of FOMO on the market when they intend to sell just can't be ignored.

Yeah, that's why I don't think that they'd do that. And aside from the seized Bitcoins, they could also put up into auction those other seized assets that are already fine for release and to be sold. While those can be sold, after getting the money, that's how they're going to acquire more for their reserve. They've got plenty of resources aside from the gold reserves, so there is no need for them to play into two bridge without any assurance. That's the reason why they've done this, I guess that they've got it all planned on how they'll continue to have it more than what we can think of.

selling unused/empty federal buildings
income gained from liquor licences, DMV drivers permits, car registrations, passports, tourist visa's, work permits (all non 'tax' classed income/fees)
profits from US national supply oil/gas/coal sold on the international market

the bitcoin reserve is just for bitcoin (once legalities of forfeiture and ownership are settled that it is declared 100% us gov property)
other assets will go into other pockets of investment portfolios.
such as US fed real estate will go into what they call "sovereign wealth fund"
such as altcoins,stablecoins, tokens will go into "crypto stockpile"

both the sovereign wealth fund and the stockpile will have sellable/tradable/accumilatable assets. which can then be used to hoard or sell to draw down national debt, enter treasury to pay for public services or buy bitcoin.


they wont want to use treasury money untill they can get the treasury budget straight and not incur losses due to the debt burden and revenue vs public service expenditure deficit sorted

as for gold investment and strategy(long term)
keep in mind and for emphasis of the long term investment strategists:

imagine a scenario in 20 years without mars colony plans  those thinking gold will be 6x of todays price(much like last 20 years growth($500-3k))

now thinking with mars colony and mining scenario included that gold may only max out at 2x of todays price as a ultimate ATH in future and then correct down to become cheaper than even todays price

..
think about it if it costs say $1b for a return flight of 100tonnes from mars. then that is 3,527,400ounces per $billion, which is $283.50 per ounce for the earth-mars-earth journey
and because mars is an untapped resource where robotic(labour free) mining and refining of large nugget size gold(like the old wild west days of untapped land). the overall cost of gold mining, refining and transporting would come below $1k/ounce total(way below $500/ounce to mine/refine untapped resource rich land)

with the whole mars colony, space mining industry in the next 10-40 years booting up.. gold speculators already are planning to de-list gold from their long term 40year holdings strategy, due to plans that spaceX rockets will be bringing back 100tonnes of refined gold(and other rare metals) from space. thus kill the scarcity feature of gold with multiple starships returning to earth each year with full payloads(kilo-tonnes per year)

so long term investors are already planning this long term price of sub $1k gold in 40 years
and due to that, a second layer of economists are then planning for that 40year plan, where people are not forseeing a 6x in 20 years so they cut short investments sooner.
and third layer economists are planning on the actions of the second layer economists plans thus plan/react sooner by speculating on the others speculations to react to a sub 10 year plan as a re-reaction to th 20 year plan of the pre-reaction to the 40 year plan

all in all some people now are thinking if they want to wait out a 10-20-40 year 0.5x 2x 6x return.. or invest/divest now/sooner before anyone else and instead invest into other possible long term investments that can yield more then 2x-6x in 20-40 years.. but do it and act on it before the others do.

EG with no life on mars to have turned to oil. will oil be the scarce resource of 10-40 years to want to invest in certain financial options. or things like crypto

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in short if you were planning 50 years ahead for the national wealth of the country in the years 2070.. what would you see as a better thing to hold now to play out over the next 50 years