what if they revalue gold, gold/bitcoin ratio will go up and number of bitcoin able to acquire will go down?
I hope they do revalue gold one night just rip band aid off , want to see the consequences play out
US has #gold reserves good enough for ten million #bitcoin as of date - give or take - around ten million kilos of #gold .. If they start converting today , how many they will actually get ? #SBR #LummisBill
#askNostr
Tip - #bitcoin price follows a log scale - up and down ..
https://www.lummis.senate.gov/wp-content/uploads/BITCOIN-Act-FINAL.pdf
what if they revalue gold, gold/bitcoin ratio will go up and number of bitcoin able to acquire will go down?
I hope they do revalue gold one night just rip band aid off , want to see the consequences play out