Survey: 4 out of 5 citizens support the purchase of $BTC using gold
According to a recent study by the Nakamoto project, 80% of Americans support the U.S. government converting part of the gold reserves into bitcoin. The survey was conducted from February to March 2025 by Qualtrics, covering 3,345 respondents demographically reflecting the U.S. population according to census data.
The results showed an interesting pattern. Most citizens suggested converting between 1% and 30% of the gold reserves into BTC, with the average being around 10%.
"People did not want to leave the slider at 0% bitcoin and 100% gold. This is an important psychological shift," noted Troy Cross, co-founder of the Nakamoto project.
Youth for bitcoin, seniors for gold
The study revealed a clear correlation between the age of respondents and their trust in cryptocurrencies. The younger the survey participant, the more likely they are to see BTC as a strategic asset.
This confirms a persistent trend in recent years: the millennial and Z generations are actively shifting their focus from traditional assets to digital ones, including bitcoin, ethereum, and stablecoins.
The White House is considering the idea: 1 million BTC over 5 years
According to sources close to the administration, White House advisor Bo Hines is promoting an initiative to buy bitcoin using gold held in U.S. reserves. The plan calls for the sale of part of the Federal Reserve's gold certificates and the conversion of these funds into up to 1 million BTC over five years.
The proposal echoes the initiative of Senator Cynthia Lummis, who previously introduced the Bitcoin Act 2025—a bill recognizing BTC as a strategic national asset.
Context: U.S. assets and the scale of possible maneuvers
Currently, the U.S. owns:
8,133 tons of gold, valued at over $830 billion
About 200,000 BTC, valued at $21 billion
Converting at least 10% of the gold reserves (approximately ~$83 billion) into BTC could significantly alter the balance between the country's traditional and digital reserves. It would also have a considerable impact on the liquidity and volatility of the crypto market, given its current volume.
Why this matters: bitcoin as the 'new gold'
Amid geopolitical tensions, global dedollarization, and increasing U.S. deficits, bitcoin is seen as a neutral reserve asset of the new generation. It is not dependent on debt obligations, does not require storage in safes, and can be used in the global settlement system without the involvement of third parties.
If the U.S. begins a large-scale purchase of BTC through the Treasury, it will be the first case in history where the world's largest economy officially bets on cryptocurrency.