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Discussion

huh…

Increase the price of spot and increases the revalued gold to theoretically have more purchasing power to buy btc.

Yeah, yeah, I know the theory. Just find the deployment strange when taking into account the tariffs on gold. Plus, I would expect this to be more of a Treasury initiative rather than a Federal Reserve one.

Looks like they’re walking back the tariffs on gold anyway 🤷‍♂️😂

or the plan is to pay it towards refinancing the debt. Short term it may work but not long term.