A latest survey by the Nakamoto Mission, a nonprofit Bitcoin training 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 america was considering of changing a few of their gold reserve into Bitcoin, what proportion would you advise they convert?”
The vast majority 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 Mission (@NakamotoProjct) May 19, 2025
Plenty of Skepticism
Mission co-founder Troy Cross said many had been skeptical of the findings, suggesting that solely Bitcoiners had been surveyed.
“We had been additionally shocked too. However the outcomes are the outcomes. When given a slider and requested to advise the US authorities on the appropriate proportion of Bitcoin and gold, topics had been very reluctant to place that slider on 0% Bitcoin and 100% gold. As an alternative, they settled round 10% Bitcoin,” he defined.
The beneficial proportions of BTC dropped considerably with age, which was not stunning 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 consider it at first, including that:
“People simply don’t care about gold that a lot, and most of the people are inclined in the direction of diversification when given the selection.”
The survey, which ran between February and mid-March, was carried out on-line, and individuals had been paid. Nonetheless, the survey and knowledge assortment firm Qualtrics was requested to match the US Census distribution by way of age, gender, race, revenue, training, and geography as carefully 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.
Lots 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 should have executed your survey at a bitcoin convention!”
We had been additionally shocked too. However the outcomes are the outcomes.
The… pic.twitter.com/JzaBGwdfBq
— Troy Cross (@thetrocro) May 19, 2025
Room for Diversification
The US 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 may begin shopping for Bitcoin utilizing income from its gold reserves. This plan, if enacted, may 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 really notice the positive factors on these [gold certificate holdings], that might be a budget-neutral solution to purchase extra Bitcoin.”
Well being Secretary Robert F. Kennedy Jr. suggested matching the nation’s gold reserves with Bitcoin in July.
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome supply on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!
