U.S. Gold Could Fund Bitcoin Buy, Says Analyst: Lummis Bill in Focus

Bloomberg research analyst James Seyffart suggests that the current value of the U.S. gold reserve would not significantly impact the nation’s debt situation. However, he believes it could fund the purchase of Bitcoin, assuming Congress passes the Senator Lummis Bitcoin Reserve Bill. Seyffart highlighted an aspect of the bill where the senator referenced the U.S. The post U.S. Gold Could Fund Bitcoin Buy, Says Analyst: Lummis Bill in Focus appeared first on Coin Edition .

Source: Coin Edition