Sovereign governments hold around 35000 tons of #Gold and last time they sold in bulk was 25 years back .. when EU govs sold around 2000 tons of gold in a coordinated effort .. later in 2009 IMF sold around 400 tons to stabilize the credit squeeze ..
If #bitcoin is serious about taking over #gold as the new store of value ; then there must be a path for sovereign governments to sell their gold and buy Bitcoin .. who is going to buy so much .. who will provide custody ?