潜在的黄金重估可能会使美国国库更快地购买比特币

星期二快乐！ Coinbase Asset管理总裁塞巴斯蒂安·比尔（Sebastian Bea）告诉该街区

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总裁Sebastian Bea在最新的Scoop Podcast上告诉街区，可能会使美国财政部购买比特币的重新评估可能要比预期的要早。

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.

该街区的Hannah Sassmannshausen与BEA谈到了旗舰加密货币播客的最新一期。他们一起讨论了一个广泛的话题，从黄金在全球金融体系中的作用的潜在影响开始。

"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说：“如果您看过去40年来黄金的价格，它实际上是真实的。今天的购买比1980年代购买的价格要少，我认为这已经变得有问题。”

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.

他强调了自1980年代以来黄金的购买力如何显着减少，导致人们担心现有金融体系的持久性。根据BEA的说法，这个持续的问题可能会促使当局重新评估黄金，反过来又可能会进入国库直接购买比特币。

"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黄金的购买力与1980年代的购买力，它的购买量不到一半。我认为有明确的迹象表明，现有金融系统的耐用性正受到质疑。而且我认为这正在推向某种形式的黄金重估。如果他们确实决定重新估算黄金，我认为我认为这是一个很大的可能性，我认为这可能会触发我们的直接购买，这是一个直接触发的，''''''''''''''''''''''''''''''''

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强调了全球金融环境的相互联系性质，建议财政部的举动将是动员其他机构与比特币互动的关键。

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

他补充说：“我认为一旦国库开始购买，您将很快看到其他机构。”

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.

采访还涉及了主权财富基金（SWF）对比特币的日益兴趣。 Bea分享了他对为什么要为一个国家的财富管理巨额资金的SWF的观点，近来正在转向比特币。

"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.

“我认为比特币主权财富基金的兴趣明显。如果您查看SWF的时间尺度，他们在20到30年的时间范围内思考，这与对冲基金的运作方式完全不同。他们评估了长期的趋势，并且他们看到比特币在过去的10至15年中表现出色，“在过去的10到15年中都表现出色。

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.

他强调了这种业绩如何，尤其是与股票市场这样的传统资产相比，这使得比特币成为SWF这样的组织的有吸引力的投资，该组织优先考虑长期表现优先级。

"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总结说：“他们看到比特币表现优于股票市场，尤其是实际上，我认为这是他们兴趣的关键驱动力。”

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.

访谈为加密货币市场不断发展的动态以及比特币的制度兴趣提供了有趣的见解。随着黄金的购买力减少，现有的金融体系面临审查，观察到这是否推向黄金重估以及美国国库参与比特币将很有趣。