Bo Hines took part in the Coindesk podcast, dedicated to the discussion of the current and future strategy of the Donald Trump administration regarding the adoption of cryptocurrencies, in particular bitcoin. He said that the United States intends to actively increase its BTC reserves and consider the flagship cryptocurrency as a strategic asset comparable to “digital gold”.
“When they ask me how many bitcoins we want, I answer is how to ask the country, how much gold it needs. As much as possible! ”Hines said.
He clarified that BTC reserves will occur in a “budget-neutral way” in order not to create an additional load for taxpayers. This may include the use of confiscated assets or other strategies that are now being developed together with the US Department of Finance and Trade.
Earlier, the head of the digital assets department of the BlackRock investment company Robert Mitchnick said that a potential recession in the United States could become a catalyst for an increase in bitcoin due to liquidity and fiscal measures.
Source: Bits
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