theplatinumbear on Nostr: As of 2020, central banks worldwide held approximately 35,000 tonnes of gold, which ...
As of 2020, central banks worldwide held approximately 35,000 tonnes of gold, which accounts for about 17% of all above-ground gold.
As institutions move from 1% of their holdings in bitcoin to 5%. The 70% number will drop. For every percentage point the banks move into BTC. Cold storage number will drop.
Published at
2024-09-20 19:08:19Event JSON
{
"id": "6c5a67c7453b169d09cd055f4c864f04210ce2f049fc7585ebf950af65cf6362",
"pubkey": "c1503e4a2ef14908127d373530480c133bd5a0d9bb47a4be4a25a41d8f27447c",
"created_at": 1726859299,
"kind": 1,
"tags": [
[
"e",
"0dcf3da42288c9fad4f1cce9ccd75a464e1bbcd98c8d929f48b50d655c534b97",
"",
"root"
],
[
"e",
"f541b481120ec560a19ffc73294fc8dc550c8a32bf856929ab7f2d59c3b2e189",
"",
"reply"
],
[
"p",
"db506a8997fdddca7c82f00368f799ba05d4e923fe217e0de26e72fbafb18763"
]
],
"content": "As of 2020, central banks worldwide held approximately 35,000 tonnes of gold, which accounts for about 17% of all above-ground gold.\n\nAs institutions move from 1% of their holdings in bitcoin to 5%. The 70% number will drop. For every percentage point the banks move into BTC. Cold storage number will drop.",
"sig": "c0b474044ccc8ff0e329352947b8319aebb9222dcb02d5803e18a068a067d9c666439895ea004526b9725b4005d628cf9418a1e8f65916c55b8d336d0c4d496a"
}
