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[email protected]English • 25 days ago

White House Says Gold Reserves May Be Used to Purchase Bitcoin

finance.yahoo.com

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White House Says Gold Reserves May Be Used to Purchase Bitcoin

finance.yahoo.com

@[email protected] to

[email protected]English • 25 days ago

A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...

cross-posted from: https://lemmy.bestiver.se/post/289657

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0•25 days ago
Outside of money, PoW blockchains are useful for secure time stamps.
- @[email protected]
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  0•25 days ago
  Why single out PoW? PoS also documents hashes immutably over time.
  - @[email protected]
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    0•24 days ago
    Because then people would have to admit that bitcoin isn’t crypto, and PoS consumes something like 99.9% less power than PoW.

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