New crypto conspiracy theory: Is the US preparing to switch from gold to Bitcoin?
Another hot theory has emerged in the crypto community on Twitter — that the US is secretly preparing a fundamental shift in its financial system by transferring part of its reserves from gold to Bitcoin.
According to this hypothesis, the US government and its associated financial elites allegedly deliberately “heated up” the price of gold to historical highs in order to sell part of the reserves at the peak of the value.
According to conspiracy theorists, they redirect the resulting liquidity into BTC, but do it as discreetly as possible, through fictitious or indirect channels.
To prevent a spike in the price of Bitcoin and cause panic in the market, a complex hedging strategy is apparently being used — simultaneously opening long and short positions on large volumes. This allows for balance to be maintained and creates the illusion of a stable market while a massive hidden buyout of BTC takes place.
According to this theory, when the US accumulates “enough” Bitcoin, the gold market will be deliberately crashed. The result will be financial turbulence for countries whose economies are still tied to gold reserves. And just as others lose stability, Bitcoin will suddenly surge ahead, demonstrating a new era of US financial dominance, now in digital form.
“Gold will fall, Bitcoin will rise — and the world will see a new hegemony,” crypto analysts write, commenting on another wave of theories on Twitter.
Some call it pure madness, while others call it subtle preparation for a real event that could change the entire financial landscape of the world.
Time will tell!