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💡 The Evolution of National Reserves: From Gold to Bitcoin 💡
3 months ago
37
Finance & Crypto
NationalReserves
GoldToBitcoin
FinancialEvolution
Bitcoin
CryptoRevolution
InvestingInTheFuture
SingaporeHistory
DigitalAssets
SpikingInsights
Back in 1965, Goh Keng Swee was tasked with buying gold bars in Switzerland to back up Singapore’s currency after gaining independence. Why gold?
Because it was the trusted reserve to back the newly minted Singapore dollar—ensuring the country’s financial stability and preventing bankruptcy. 📉💰
From gold to digital assets, the concept of reserves is evolving rapidly. Will Bitcoin become the new standard?
Learn more: https://spi.ke/rbcc
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