✉news BusinessCrypto first seen 21 h ago, last 15 h ago, peak #11
Bitwise Research Head Says Sovereigns Selling Gold for Bitcoin
Original: Bitwise Head Of Research: Sovereigns Selling Gold For Bitcoin | Ryan Rasmussen
Ryan Rasmussen, head of research at asset manager Bitwise, says sovereign wealth funds and governments are selling gold reserves to buy Bitcoin. The claim, aired via Bitcoin Magazine, suggests nation-states are beginning to treat Bitcoin as a superior reserve asset. If accurate, it marks a significant shift in how governments manage reserves, though details and evidence supporting the claim were not provided.
Why now: Claims that governments are swapping gold for Bitcoin are striking and fuel debate about Bitcoin's legitimacy as a reserve asset.
BitwiseRyan RasmussenBitcoinBitcoin Magazine
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