US has ‘countless’ ways to bolster Bitcoin reserve: Bo Hines

The US is exploring many ways to increase its Bitcoin reserve without taxpayer dollars, including through tariff revenue and revaluing the government’s gold certificates, according to the executive director of the Trump administration’s crypto council. “We're looking at many creative ways, whether it be from tariffs, there’s literally countless ways in which you can do this,” Bo Hines of the Presidential Council of Advisers for Digital Assets said in a recent interview with Professional Capital Management CEO Anthony Pompliano. Hines said the Treasury could revalue its gold certificates, valued at $43 per ounce, to the current market price of $3,200 per ounce, creating a paper surplus to fund Bitcoin purchases without selling gold. “Everything is on the table, and like we've said, we want as much as we can get, so we’re going to make sure that no stone is unturned,” Hines said in the interview, which aired on April 14 source: https://cointelegraph.com/news/us-countless-ways-stack-bitcoin-reserve-bo-hines-says?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound