潛在的黃金重估可能會使美國國庫更快地購買比特幣

星期二快樂！ Coinbase Asset管理總裁塞巴斯蒂安·比爾（Sebastian Bea）告訴該街區

A potential gold revaluation could see the U.S. Treasury buying bitcoin sooner than expected, Coinbase Asset Management President Sebastian Bea told The Block on the latest episode of The Scoop podcast.

Coinbase Asset Management總裁Sebastian Bea在最新的Scoop Podcast上告訴街區，可能會使美國財政部購買比特幣的重新評估可能要比預期的要早。

The Block's Hannah Sassmannshausen spoke with Bea on the latest installment of the flagship cryptocurrency podcast. Together, they discussed a wide-ranging topic, beginning with the potential implications of gold's role in the global financial system.

該街區的Hannah Sassmannshausen與BEA談到了旗艦加密貨幣播客的最新一期。他們一起討論了一個廣泛的話題，從黃金在全球金融體系中的作用的潛在影響開始。

"If you look at the price of gold over the last 40 years, it's essentially flat in real terms. It's buying less today than it was buying in the 1980s, and I think that's becoming problematic," Bea said.

Bea說：“如果您看過去40年來黃金的價格，它實際上是真實的。今天的購買比1980年代購買的價格要少，我認為這已經變得有問題。”

He highlighted how the purchasing power of gold has dwindled significantly since the 1980s, leading to concerns about the durability of the existing financial system. According to Bea, this persistent issue might prompt authorities to revalue gold, which in turn could domino into Treasury direct bitcoin purchases.

他強調了自1980年代以來黃金的購買力如何顯著減少，導致人們擔心現有金融體系的持久性。根據BEA的說法，這個持續的問題可能會促使當局重新評估黃金，反過來又可能會進入國庫直接購買比特幣。

"If you look at the purchasing power of gold today versus the 1980s, it's buying less than half. I think there are clear signs that the durability of the existing financial system is being called into question. And I think that's pushing towards some form of gold revaluation. If they do decide to revalue gold, which I think is a strong possibility, I think that would likely trigger some form of U.S. Treasury direct bitcoin purchases," Bea explained.

“如果您看一下今天的黃金的購買力與1980年代的購買力，它的購買量不到一半。我認為有明確的跡象表明，現有金融系統的耐用性正受到質疑。而且我認為這正在推向某種形式的黃金重估。如果他們確實決定重新估算黃金，我認為我認為這是一個很大的可能性，我認為這可能會觸發我們的直接購買，這是一個直接觸發的，''''''''''''''''''''''''''''''''

Highlighting the interconnected nature of the global financial landscape, Bea suggested that a move by the Treasury would be pivotal in mobilizing other institutions to engage with bitcoin.

Bea強調了全球金融環境的相互聯繫性質，建議財政部的舉動將是動員其他機構與比特幣互動的關鍵。

"I think once the Treasury starts buying, you'll quickly see other institutions following suit," he added.

他補充說：“我認為一旦國庫開始購買，您將很快看到其他機構。”

The interview also touched upon the growing interest in bitcoin from sovereign wealth funds (SWFs). Bea shared his perspective on why SWFs, which manage vast sums of money for a country's wealth, are turning towards bitcoin in recent times.

採訪還涉及了主權財富基金（SWF）對比特幣的日益興趣。 Bea分享了他對為什麼要為一個國家的財富管理巨額資金的SWF的觀點，近來正在轉向比特幣。

"I think there's a clear interest from sovereign wealth funds in bitcoin. If you look at the time scales that SWFs operate on, they're thinking in 20- to 30-year time frames, which is quite different from how hedge funds operate. They're evaluating the long-term trends, and they're seeing that bitcoin is performing exceptionally well in relative terms over the last 10 to 15 years," Bea explained.

“我認為比特幣主權財富基金的興趣明顯。如果您查看SWF的時間尺度，他們在20到30年的時間範圍內思考，這與對沖基金的運作方式完全不同。他們評估了長期的趨勢，並且他們看到比特幣在過去的10至15年中表現出色，“在過去的10到15年中都表現出色。

He highlighted how this performance, especially compared to traditional assets like the stock market, is making bitcoin an attractive investment for organizations like SWFs that prioritize long-term outperformance.

他強調了這種業績如何，尤其是與股票市場這樣的傳統資產相比，這使得比特幣成為SWF這樣的組織的有吸引力的投資，該組織優先考慮長期表現優先級。

"They're seeing that bitcoin is outperforming the stock market, especially in real terms, and I think that's a key driver for their interest," Bea concluded.

Bea總結說：“他們看到比特幣表現優於股票市場，尤其是實際上，我認為這是他們興趣的關鍵驅動力。”

The interview provides interesting insights into the evolving dynamics of the cryptocurrency market and the growing institutional interest in bitcoin. As the purchasing power of gold diminishes and the existing financial system faces scrutiny, it will be interesting to observe whether this pushes towards a gold revaluation and, consequently, U.S. Treasury involvement in bitcoin.

訪談為加密貨幣市場不斷發展的動態以及比特幣的製度興趣提供了有趣的見解。隨著黃金的購買力減少，現有的金融體系面臨審查，觀察到這是否推向黃金重估以及美國國庫參與比特幣將很有趣。