A latest survey by the Nakamoto Challenge, a nonprofit Bitcoin schooling 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 the US was considering of changing a few of their gold reserve into Bitcoin, what share would you advise they convert?”
Nearly all of respondents needed 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 Challenge (@NakamotoProjct) Might 19, 2025
Plenty of Skepticism
Challenge co-founder Troy Cross stated many have been skeptical of the findings, suggesting that solely Bitcoiners have been surveyed.
“We have been additionally shocked too. However the outcomes are the outcomes. When given a slider and requested to advise the US authorities on the precise proportion of Bitcoin and gold, topics have 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 shocking given the inverse relationship the group present in a earlier survey between age and Bitcoin possession.
Satoshi Motion Fund co-founder Dennis Porter stated he didn’t imagine 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 have been paid. Nonetheless, the survey and knowledge assortment firm Qualtrics was requested to match the US Census distribution by way of age, gender, race, earnings, schooling, and geography as intently as doable, he added.
The research additionally revealed that round 66% of respondents have 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 could have carried out your survey at a bitcoin convention!”
We have been additionally shocked too. However the outcomes are the outcomes.
The… pic.twitter.com/JzaBGwdfBq
— Troy Cross (@thetrocro) Might 19, 2025
Room for Diversification
The US holds the world’s largest stockpile of gold reserves, with 8,133 tons value greater than $830 billion at present market costs.
Uncle Sam additionally holds round 207,189 BTC value round $22 billion, lower than 3% of its gold reserves, in accordance with BiTBO, so there’s loads of room for diversification.
White Home adviser Bo Hines has floated a brand new technique that the Treasury would possibly begin shopping for Bitcoin utilizing earnings from its gold reserves. This plan, if enacted, might 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 truly understand the positive factors on these [gold certificate holdings], that may be a budget-neutral strategy to purchase extra Bitcoin.”
Well being Secretary Robert F. Kennedy Jr. advised matching the nation’s gold reserves with Bitcoin in July.
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