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xendan10 / XD
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2025-03-15 04:03:53
in reply to nevent1q…06nj

xendan10 on Nostr: Whether we like it or not, physical gold is a level 1 asset that does not pose a risk ...

Whether we like it or not, physical gold is a level 1 asset that does not pose a risk to bank balance sheets.

You don't sell a level 1 asset, you add it and save it as a store of value. This is why central banks are increasing their physical gold reserves. I see it impossible for them to take it out and spend it in bitcoin.
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