‘Game On For Bitcoin!’ – Musk’s DOGE Questions Fort Knox Gold Reserves

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Bitcoinist 4d ago

‘Game On For Bitcoin!’ – Musk’s DOGE Questions Fort Knox Gold Reserves - Bitcoinist

Quick Summary:

In a weekend exchange on X, Elon Musk was nudged to extend his cost-cutting Department of Government Efficiency (DOGE) to one of the most heavily guarded sites in the United States: Fort Knox, the US Army installation famously said to hold 4,580 tons of gold.

The most recent known visits to Fort Knox appear to be in 1974, when journalists and members of Congress were permitted to step inside, and 2017, when the facility briefly opened its doors to former Treasury Secretary Steve Mnuchin.

Dennis Porter, CEO and founder of Satoshi Act Fund, emphasized Bitcoin’s around-the-clock transparency: “Another reason why states (and the federal government) should prefer Bitcoin instead of gold.