Bitcoin’s $100B Corporate Surge Sparks U.S. ‘Fort Knox’ Fears

Bitcoin’s $100B Corporate Surge Sparks U.S. ‘Fort Knox’ Fears

According to blockchain analyst Willy Woo, the surge in institutional Bitcoin holdings may echo the path gold took prior to 1971, when President Richard Nixon suspended the dollar’s convertibility into gold—effectively ending the Bretton Woods system. “If the U.S. dollar is structurally weakening and China is rising, it’s possible the U.S. could make an offer to all corporate treasury holders to centralize Bitcoin holdings, then digitize the...

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