US public favors shifting gold reserves to Bitcoin, Germany to end crypto tax break

A recent survey of 3,345 American adults finds a clear majority would reallocate part of the federal gold reserves into Bitcoin, with respondents under 45 proposing a median allocation of 24%. The poll, conducted by the Nakamoto Project, has drawn attention in Washington, where officials are reportedly considering the sale of gold certificates to acquire up to one million bitcoins over the next five years.

In Germany, the debate moves in the opposite direction. The Bundestag Green party introduced a bill on 6 May 2026 to abolish the one‑year holding period for crypto gains and to increase taxation of crypto profits, breaking the current parallel treatment of Bitcoin and gold as "other assets" under German tax law. A WisdomTree model dated 31 March 2026 estimates Bitcoin is about 26 % undervalued relative to gold, suggesting a theoretical ratio of 21.1 ounces of gold per Bitcoin versus the actual 15.6 ounces.