What happens to the price of gold if the US Govt converts it into crypto?

Wild idea, you say? Here is the article where I first learned about the Mar-A-Lago Accord and Stephen Miran's plan to deflate away our national debt, while turning America into a protection racket. Wild stuff - but it all has receipts.

[https://www.msn.com/en-us/money/markets/the-mar-a-lago-accord-explained-trump-s-ultimate-plan-to-reshape-the-dollar-and-america-s-debt/ar-AA1zUMQ2](https://www.msn.com/en-us/money/markets/the-mar-a-lago-accord-explained-trump-s-ultimate-plan-to-reshape-the-dollar-and-america-s-debt/ar-AA1zUMQ2)

Now, this article also mentions something else:

>The US, however, runs a persistent budget deficit.

>So where would the money come from?

>Treasury Secretary Scott Bessent has hinted at an answer.

>In February, he said the government could “monetize the US balance sheet for the American people.”

>One way to do this would be to revalue America’s gold reserves.

>The US still prices its gold reserves at $42.22 an ounce.

>If revalued to the market price of around $2,900, it could create nearly $900 billion in new equity overnight.

>This would give the government a new pool of capital without borrowing more money or printing dollars.

>Other assets, including federal land, real estate, infrastructure, and even confiscated cryptocurrency, could also be used.