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‘Bitcoin Fixes This’—Elon Musk Pitched Gold ‘Upgrade’

Now, as Elon Musk brands the U.S. debt clock “terrifying,” bitcoin-backing U.S. senator Cynthia Lummis has pitched Musk a bitcoin “fix” to questions over the U.S. gold reserves.

“Bitcoin fixes this,” Lummis posted to X in response to Musk’s question about how often the U.S. gold in Fort Knox is reviewed. “A bitcoin reserve could be audited any time 24/7 with a basic computer. It’s time to upgrade our reserves.”

“The recent decrease in volatility, coupled with the rising price of gold, should highlight bitcoinʼs growing appeal as an alternative store of value,” analysts with the Bitfinex crypto exchange said in emailed comments. “We believe that while bitcoin may face some short-term pressures due to macroeconomic headwinds in the coming weeks, its long-term value proposition continues to strengthen.”

Source – Forbes

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  • Pittsfield Precious Metals, (Pittsfield, MA)

    Founding Member Spotlight: Pittsfield Precious Metals

    For more than 44 years, Pittsfield Precious Metals has been a trusted destination for gold, silver, coins, fine jewelry, and estate pieces in the Berkshires. With a GIA Graduate Gemologist on site, a certified X‑ray precious metals testing lab, and decades of expertise, they bring unmatched professionalism to every transaction.

    Whether you’re buying, selling, or evaluating a collection, Pittsfield Precious Metals delivers accuracy, transparency, and long‑standing community trust.

    📍 93 First Street, Pittsfield, MA
    🕒 Mon–Fri 10–5:30, Sat 11–3
    💎 Coins • Jewelry • Diamonds • Bullion • Estates
    🌐 Visit their website to learn more

    Proud to welcome them as a Founding Member of Victoria’s Coin.

    If you’d like to see their listing please visit the Massachusetts page and give them a call today or if you’re in the area head on over and meet the team.

    -V.