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David Marcus, co-founder and CEO of Lightspark, said on Tuesday that Bitcoin (CRYPTO: BTC) is superior to gold, and the federal government should consider rotating a small portion of its bullion reserves into the apex cryptocurrency.
Marcus’ Bold Suggestion
During an interview with Bloomberg TV, Marcus said he’s all for selling gold to buy Bitcoin for the Strategic National Reserve.
“Bitcoin is so much better than gold. Come on. Like, it’s like it’s a no-brainer,” the former PayPal president stated.
Marcus, however, advised a slow and deliberate approach to this transition.
“The government should potentially rotate a very, very tiny slice of its gold reserves into Bitcoin…
Read more on Benzinga




