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Regulation

Doomberg: US Treasury Sanctions are “Wildly Bullish” for Bitcoin & Gold

Image: Bitcoin Magazine

▶ Bitcoin Magazine Doomberg: US Treasury Sanctions are “Wildly Bullish” for Bitcoin & Gold What happens to reserve assets when you’re not allowed to sell them? Doomberg argues that U.S. pressure on allies to hold their Treasuries changes the math for central banks, and that in a crisis “you sell what you can sell, not what you want to sell.” That explains gold’s short-term weakness since February 28th, but in the long run he sees it as wildly bullish for gold and Bitcoin as neutral reserve assets. He also shares why younger, hyper-online generations are more likely to choose Bitcoin. Chapters: 00:00 Doomberg on the Fed, Kevin Warsh and the Midterm Elections 01:21 Will Trump Restart the War in Iran After the Midterms?

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