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President Trump Executive Director Says U.S. Could Use Tariff Revenue To Build Strategic Bitcoin Reserve

by Catatonic Times
April 16, 2025
in Bitcoin
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Bitcoin advocate and investor Anthony Pompliano sat down with Bo Hines, Govt Director of President Donald Trump’s Council of Advisers for Digital Belongings, in a headline-making White Home interview that supplied probably the most detailed look but on the administration’s formidable plans for a U.S. strategic Bitcoin reserve.

I went to the White Home to interview @BoHines concerning the administration’s crypto plans.

We talked concerning the US strategic bitcoin reserve, stablecoins, regulation, how choices are being made, gold, tariffs, legislation enforcement, motivational facet inside Trump admin, largest… pic.twitter.com/SpApPOBPok

— Anthony Pompliano 🌪 (@APompliano) April 14, 2025

The dialog touched on a variety of coverage priorities — from stablecoin regulation and interagency cooperation to tariffs, legislation enforcement, and legislative developments — however a focus of the dialog was the administration’s intent to aggressively accumulate Bitcoin with out growing the burden on taxpayers.

“We’ve clearly made it very clear that we need to purchase as a lot as we will get,” Hines instructed Pompliano. “I’ve mentioned that repeatedly all through my time on the talking circuit over the course of the previous couple of months… it stipulates that we’ve got to accumulate bitcoin in price range impartial ways in which don’t value the taxpayer a dime.”

Some of the eye-catching proposals entails utilizing income from tariffs to fund Bitcoin purchases, which was fascinating given the latest international commerce conflict round tariffs and a latest White Home financial projection stating that “a world tariff of 10% would develop the financial system by $728 billion.”

“I feel that we’ve got, because the President likes to say, ‘many excessive IQ folks’ engaged on these options,” Hines added. “We’ll come collectively and flesh out a few of these concepts and actually get to the very best resolution.”

Hines additionally addressed Senator Cynthia Lummis’ proposed BITCOIN Act of 2025, which requires the U.S. to accumulate 200,000 BTC yearly for 5 years, constructing a million-bitcoin reserve.

“I feel Senator Lummis has actually an fascinating concept with the BITCOIN Act,” mentioned Hines. “Right here what you’ll do is — you revalue the gold certificates that we at the moment have at Treasury… Most of which I feel are valued round $43 an oz… now we’re sitting at what, $3,100 an oz… and in the event you took that worth, what you could possibly do is use that additional funding to be able to purchase extra bitcoin.”

As Hines emphasised, “There’s actually numerous methods wherein we will do that… all the pieces’s on the desk, and like we’ve mentioned, we wish as a lot as we will get.”

Following the interview, Pompliano printed a video to his X account sharing his high ten key takeaways from his interview with Hines, which will be discovered beneath, and the complete interview will be discovered right here on Pompliano’s YouTube channel right here.





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Tags: BitcoinBuilddirectorExecutivepresidentreserveRevenueStrategicTariffTrumpU.S
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