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U.S. Plans Bitcoin Purchase Using Gold Proceeds Strategy

Bo Hines suggests that the U.S. should sell its gold reserves to buy Bitcoin, aligning with the BITCOIN Act's goal of acquiring 1 million Bitcoins.

This proposal has prompted significant reactions in the Bitcoin market, highlighting shifts in cryptocurrency investment strategies.

Experts have varying opinions, with some supporting this strategic move while others question its feasibility, as Bitcoin is seen as a digital equivalent of gold.

The execution of this proposal could enhance Bitcoin's perceived value amidst ongoing market volatility.