A new report from the Federal Reserve has sparked a debate about using gains from the U.S. gold reserves to establish a strategic Bitcoin reserve. This proposal comes as the government shows increasing interest in cryptocurrencies and their potential role in national finance.
While President Donald Trump signed an executive order to create a Strategic Bitcoin Reserve, that order is currently funded only by forfeited Bitcoin, not by gold conversions. Separately, Senator Cynthia Lummis has proposed the "BITCOIN Act," which would use gold revaluation to fund new Bitcoin acquisitions, though this is not yet law.
The discussion around using gold to acquire Bitcoin has generated mixed reactions. Digital asset advocates are optimistic, while traditional financial experts remain skeptical. The ongoing conversation and shifting government narratives have contributed to market volatility, but they also highlight Bitcoin's growing importance in financial policy discussions.
August 2025, Cryptoniteuae