US Poll: 80% of People Support Converting Some Gold Reserves to Bitcoin
According to the latest survey by the non-profit organization Nakamoto Project, 80% of Americans want to convert some of the US gold reserves into Bitcoin. The survey, which included 3,345 respondents, shows that most support converting 1% to 30% of the gold reserves into BTC.
Troy Cross, co-founder of the organization, stated that although there are questions about the representativeness of the survey results, it still shows that respondents are not making extreme choices but are demonstrating recognition of Bitcoin.
Research indicates that the proportion of Bitcoin investment is recommended to decrease with age, which is consistent with the organization's previous findings of an inverse relationship between age and Bitcoin ownership.
Dennis Porter, co-founder of the Satoshi Action Fund, mentioned that he initially did not believe this result, but if given the choice, most people tend to prefer diversified investments.
The survey was conducted online from February to mid-March, with participants being compensated. The survey and data collection company Qualtrics was asked to match the distribution of age, gender, race, income, education level, and geographic location as closely as possible to the US Census.
The survey also showed that 66% of respondents had a neutral to positive attitude towards Trump's Bitcoin reserve strategy. The US holds 8,133 tons of gold (valued at over $830 billion) and approximately 207,189 BTC (about $22 billion), with the latter accounting for only 3% of the gold reserves, indicating room for diversification in investments.
White House advisor Bo Hines also suggested that the Treasury take advantage of the profits from gold reserves to initiate a Bitcoin purchasing program. If this plan is implemented, up to 1 million Bitcoins could be purchased within the next five years.
Hines also cited Senator Cynthia Lummis's "Bitcoin Bill of 2025," pointing out that the US could increase its Bitcoin holdings in a "budget-neutral" manner through the profits from gold certificates.
In summary, as Bitcoin gradually gains the market positioning of "digital gold," this discussion about the composition of national reserve assets is escalating from a fringe issue to a mainstream political and economic topic.
At the same time, how will the US balance its value storage strategy when its $830 billion gold reserves meet its $22 billion Bitcoin holdings? Let’s wait and see!
