5min chapter

The "What is Money?" Show cover image

Bitcoin and the U.S. Fiscal Reckoning with Avik Roy (WiM126)

The "What is Money?" Show

CHAPTER

Bitcoin Is a Potential Disruptor to Gold, Right?

The treasury department should consider replacing a fraction of its gold holdings, say ten %, with bit coin. Such a move would help shore up the treasury and decrease the need for monetary inflation. It's like a triple win, right? I mean, you your competitor dropped the ball. You can anticipate adoption of a potential disruptor to gold, but you don't need to go all in on this ing. But if you're not so sure about bitcoin, you've just heard your advisers, it's a good idea, but you yourself aren't so sure, you're not going to take that risk. So i think it's going to take a president oraan or a treasury secretary who

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