List of Flash News about USTs
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2025-02-09 07:29 |
André Dragosch Suggests Bitcoin as New Reserve Standard in Geopolitical Strategy
According to André Dragosch, the hypothetical scenario where the U.S. sells gold to buy Bitcoin could strategically reposition Bitcoin as a global reserve asset. In this scenario, foreign central banks are already selling U.S. Treasuries and buying gold, signaling a shift in reserve asset preference. Dragosch proposes that by backing U.S. Treasuries with Bitcoin, the U.S. could strengthen its financial influence and potentially make gold irrelevant in global reserves. This concept, however, remains speculative without any official moves or confirmations from central banks or governments. |