The gold standard was used for centuries before Nixon went off it in the 70s?
That was before my time but some here have long memories
Bitcoin has been around like 12 years ?
More like 15 years. And does a “Bitcoin Reserve” equal “Bitcoin backed currency (USD)” I don’t think that is Sen. Lummis’s intention?
A gold backed USD is becoming unworkable at $22 trillion of fiat USD in circulation...USA gold reserves value ➗ $22 Trillion = ?? price per ounce of gold.