Coinbase Executive: US Reassessment of Gold Value Could Lead to US Treasury Buying Bitcoin Sooner Than Expected

Blockbeats
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BlockBeats News, April 30th, according to The Block, Coinbase's Head of Asset Management, Sebastian Bea, recently stated on 'The Scoop' show that if the US government were to reevaluate the gold-to-dollar peg, it could accelerate their Bitcoin purchase plan. He pointed out that Bitcoin is transitioning from a high-volatility tech asset to a value storage tool similar to gold, a trend that is attracting more institutional attention and portfolio integration.

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