- Sebastian Bea offers an American gold re -evaluation to finance a Bitcoin acquisition of $ 100 billion
- Bitcoin’s future depends on the breakdown of the resistance from $ 95,000 to $ 96,000 for more in -depth growth
A daring new proposal is quietly attracted to the financial circles of Washington, which could reshape the relationship of the American government with Bitcoin (BTC).
Coinbase Exec on the Bitcoin Movement of the United States
SEbastian Bea, President of Coinbase Asset Management, is in the news today after referring to a subtle accounting change in the way the United States appreciates its gold reserves. This, he said, could release nearly $ 100 billion in budgetary capital.
In a recent interview on the Podcast Scoop, Bea described this decision as a strategic path to a massive acquisition of Bitcoin, well in advance on the calendar that many on the market provided.
The idea, although unconventional, can be much less bizarre than it seems first.
He said,
“Sometimes the ideas are so great that people cannot hear them or do not want to hear them,” he said at the top of the interview. “But they have to listen to this one.”
BEA also argued that accounting monitoring of several decades could be the key to unlocking a financial strategy supported by Bitcoin for the United States government.
America’s gold reserves
Under the current law, the American gold reserve of 261.5 million months is still estimated at an obsolete price of $ 42.22 per ounce – a figure frozen in 1973.
At today’s market rate of more than $ 3,300 per ounce, which creates a disparity of almost $ 900 billion between the book and the real value.
BEA believes that a simple legislative amendment at 31 USC § 5117 could allow the Treasury to reassess its gold assets, to issue gold certificates of greater denomination and to direct the not made in a sovereign style fund.
He said,
“When the reassessment occurs, it creates a brand gain to the brand of $ 900 billion, which the Treasury could then take (…) in a budgetary way to go and buy a variety of things. We are probably thinking of including Bitcoin. “
This reassessment could then support a Bitcoin strategic reserve echoing the executive directive of President Trump, without technically increasing the national debt.
What could be more?
Thus, as Bitcoin flirts with the level of $ 100,000, a geopolitical and larger market recalibration can be in progress.
It should be noted, however, that Sebastian Bea’s proposal could trigger a domino effect among global governments, emphasizing the strategic challenges at stake. Consequently, with central banks already engaged in an accumulation of record gold, a similar race for Bitcoin could take place.
Bitcoin’s immediate future, however, depends on a critical technical barrier.
Unless it decisively broke above the resistance from $ 95,000 to $ 96,000, the price should remain linked to the beach.
A clear break could ignite a new leg in the north, potentially reshaping the story of the digital reserve at a sovereign level.
