PayPal's Ex-President David Marcus Wants US To Rotate 'Very Tiny Slice' Of Gold Reserves Into Bitcoin: 'But Do It Very Slowly'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. David Marcus, co-founder and CEO of Lightspark, said on Tuesday that Bitcoin (CRYPTO: BTC) is superior to gold, and the federal government should consider rotating a small portion of its bullion reserves into the apex cryptocurrency. Marcus’ Bold Suggestion During an interview with Bloomberg TV, Marcus said he’s all for selling gold to buy Bitcoin for the Strategic National Reserve. “Bitcoin is so much b ...