Coinbase Exec Urges Gold Revaluation for Bitcoin Fund
Key Takeaways
A senior executive at Coinbase suggests that the U.S. government could unlock approximately $100 billion by revaluing its gold reserves—without increasing the federal deficit. This capital could be strategically invested in Bitcoin. The idea is based on outdated accounting for U.S. gold reserves, which are recorded at a value far below current market prices. The proposal could have far-reaching implications for global financial strategy.
What’s Behind the Gold Revaluation?
Sebastian Bea, President of Coinbase Asset Management, made an unconventional proposal in an interview: the United States could create significant financial leeway by updating how it values its gold holdings. Currently, all U.S. gold—about 261.5 million ounces—is accounted for at just $42.22 per ounce. This price dates back to 1973.
However, the current market price exceeds $3,300 per ounce. This results in a nearly $900 billion gap between book value and market value. Bea suggests that this gap could be leveraged through a legislative adjustment to issue new gold certificates with a higher face value. The resulting book gains could then be directed into a sovereign fund—potentially used to purchase Bitcoin, among other investments.
Bitcoin as a Strategic Reserve?
Bea sees this measure as a way to integrate Bitcoin into the national financial strategy—without increasing the federal deficit. The proposal echoes earlier discussions about digital reserves at the government level. It could set a precedent for other countries to follow.
Such a move would not only redefine the U.S. relationship with cryptocurrencies, but could also trigger geopolitical reactions. Central banks around the world are currently buying gold at record levels. A race to adopt Bitcoin as a digital reserve asset is conceivable.
Technical Barrier for Bitcoin Price
In the short term, the development of the Bitcoin market heavily depends on a key technical level: the price must break through the resistance zone between $95,000 and $96,000 in order to enable further growth. If this breakout fails, the price may continue to move sideways.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 3 minutes
-
Slot Categories at a Glance
Reading time: ~ 3 minutes
-
The Best Jackpot Slots & Casinos 2025
Reading time: ~ 3 minutes
-
Anime Slots – Anime-Themed Slots
Reading time: ~ 3 minutes
-
Medium Volatility Slots
Reading time: ~ 3 minutes
A clear breakout to the upside would not only attract new investors but also further fuel the discussion about Bitcoin as a sovereign reserve currency.
Our Assessment
Sebastian Bea’s proposal is unconventional but not unrealistic. The outdated valuation of U.S. gold reserves does indeed offer room for capital release without impacting the federal budget. Whether the U.S. government will pursue this path remains uncertain—political will and legislative changes would be required.
For you as a crypto enthusiast, this topic is particularly intriguing: it shows how Bitcoin is increasingly factoring into high-level strategic considerations. Should this idea be implemented, it could have a lasting impact on the market—not only in the U.S., but globally. Keep a close eye on developments, especially political signals coming out of Washington.
Sources
- The Scoop Podcast
- U.S. Code § 5117
- Market data on gold and Bitcoin (as of May 2025)
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
|
| Further practical applications | |
| Price | $96,963.00 |
| 24h % | 0.41 % |
| 7d % | 2.00 % |
| 30d % | 12.33 % |
| 60d % | 10.83 % |
| 1y % | 63.02 % |
| Market Cap | $1,925,905,769,330.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
Advertising transparency