A current survey by the Nakamoto Challenge, a nonprofit Bitcoin schooling and advocacy group, has revealed that 4 out of 5 People need some US gold reserves transformed to BTC.
The survey of three,345 respondents requested: “Assuming the US was pondering of changing a few of their gold reserve into Bitcoin, what proportion would you advise they convert?”
Nearly all of respondents wished between 1% and 30% transformed, it revealed.
4 in 5 People need some US gold reserves transformed to bitcoin. pic.twitter.com/ibxXfe04g5
— The Nakamoto Challenge (@NakamotoProjct) May 19, 2025
A number of Skepticism
Challenge co-founder Troy Cross said many had been skeptical of the findings, suggesting that solely Bitcoiners had been surveyed.
“We had been additionally stunned too. However the outcomes are the outcomes. When given a slider and requested to advise the US authorities on the fitting proportion of Bitcoin and gold, topics had been very reluctant to place that slider on 0% Bitcoin and 100% gold. As a substitute, they settled round 10% Bitcoin,” he defined.
The really helpful proportions of BTC dropped considerably with age, which was not shocking given the inverse relationship the group present in a earlier survey between age and Bitcoin possession.
Satoshi Motion Fund co-founder Dennis Porter said he didn’t imagine it at first, including that:
“People simply don’t care about gold that a lot, and most of the people are inclined in direction of diversification when given the selection.”
The survey, which ran between February and mid-March, was performed on-line, and contributors had been paid. Nonetheless, the survey and information assortment firm Qualtrics was requested to match the US Census distribution by way of age, gender, race, revenue, schooling, and geography as intently as potential, he added.
The research additionally revealed that round 66% of respondents had been neutral-to-positive about Donald Trump’s strategic Bitcoin reserve.
A lot of you might be skeptical of our discovering, launched this morning that 4 in 5 People would convert some US gold reserves into bitcoin.
“Yeah proper! You will need to have finished your survey at a bitcoin convention!”
We had been additionally stunned too. However the outcomes are the outcomes.
The… pic.twitter.com/JzaBGwdfBq
— Troy Cross (@thetrocro) May 19, 2025
Room for Diversification
America holds the world’s largest stockpile of gold reserves, with 8,133 tons price greater than $830 billion at present market costs.
Uncle Sam additionally holds round 207,189 BTC price round $22 billion, lower than 3% of its gold reserves, according to BiTBO, so there may be loads of room for diversification.
White Home adviser Bo Hines has floated a brand new technique that the Treasury would possibly begin shopping for Bitcoin utilizing income from its gold reserves. This plan, if enacted, might result in the acquisition of as much as 1 million BTC over 5 years.
He referenced Senator Lummis’ Bitcoin Act of 2025, stating in March, “If we truly understand the good points on these [gold certificate holdings], that might be a budget-neutral technique to purchase extra Bitcoin.”
Well being Secretary Robert F. Kennedy Jr. suggested matching the nation’s gold reserves with Bitcoin in July.
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