The U.S. government is implementing the Strategic Bitcoin Reserve (SBR) policy and exploring budget-neutral strategies to manage it. Bo Hines, the Executive Director on Digital Assets, suggests using gold certificates as a way to acquire more Bitcoin. These certificates are priced lower than actual gold, potentially enabling the government to profit when purchasing Bitcoin. The ...
A key cryptocurrency adviser from the White House revealed that the Trump administration is exploring ideas to enhance the U.S. Bitcoin holdings without raising the federal deficit. Bo Hines, leading the President’s Council of Advisers on Digital Assets, discussed potential budget-friendly strategies, including revaluing old gold certificates. Currently priced at $42.22 per ounce since the ...
A top official from the White House has revealed that the Trump administration is exploring ways to revalue old gold certificates to increase the country’s Bitcoin holdings without adding to the federal deficit. Bo Hines, who leads the President’s Council of Advisers on Digital Assets, discussed various creative strategies for acquiring more Bitcoin, emphasizing the ...
