Odaily News Gabor Gurbacs, founder of Pointsville and former VanEck consultant, wrote on X that the logic of the Fed buying Bitcoin instead of U.S. Treasuries is based on the fundamental difference between the two assets: one can be printed infinitely and the other cannot. This is essentially a hard asset acquisition strategy, similar to what the central bank does with gold. By switching from Treasury bonds, which can be printed at will, to Bitcoin, which has a fixed supply, the Fed aims to diversify its assets and potentially guard against inflation and monetary instability. Essentially, this is a hedge against itself, and most central banks currently do this primarily by holding gold. Bitcoin is increasingly being incorporated into the hedging portfolio of central bank portfolios.