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Insights on Bitcoin Holdings: Economics professor weighs in

August 12, 2024

Gerald P. Dwyer, economics professor and BB&T Scholar examines the U.S. government’s strategic value in holding significant amounts of bitcoin. Dwyer says that while some proposals suggest potential high returns, but proposes that selling the gold reserves might be a more practical approach for the government to reduce debt or adjust fiscal policies. This would give taxpayers more control over their investments and avoid the risks of bitcoin. Read the article.