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Home»Regulation»US government explores ‘many creative ways’ to acquire Bitcoin, including rates, says Witte Huis adviser
US government explores 'many creative ways' to acquire Bitcoin, including rates, says Witte Huis adviser
Regulation

US government explores ‘many creative ways’ to acquire Bitcoin, including rates, says Witte Huis adviser

2025-04-15No Comments3 Mins Read
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An adviser to the White House says that the US government comes up with creative ways to collect more Bitcoin (BTC), including the possibility of rates.

In a new interview about the YouTube channel of Crypto -influencer Anthony Pompliano, Bo Hines – Executive director of the Presidential Council of Advisors on Digital Assets – Says that the government could get more BTC in a way can be revised by Gold certifications by the treasury.

According to Hines, if the government could match the value of its Gold certificates with the current gold price, they can use the boosted yield to buy the crypto king, an idea originally pitched by pro-Crypto Senator Cynthina Lummis.

“I think Senator Lummis really has an interesting idea with the Bitcoin Act of 2025, of which I know he has conquered the community storm.

What [we] Would be that you would revise the Gold certificates that we currently have at Treasury, most of which are appreciated, I think as $ 43 per ounce, which is a lot lower than what it is really worth.

So now we are for $ 3,100 per ounce … If you have taken that value, you could use that extra financing to buy more Bitcoin. That can be used for the reserve, but that is just one idea that is currently making its way through Capitol Hill and we will see how many co-sponsors they can get. ”

Between 1865 and 1933, the US government issued gold certificates as a form of representative money. They were documents that turned out to be the property of a specific amount of gold.

See also  India is gearing up for sweeping crypto regulations with new consultation document

Hines also notes that civil servants brainstorm about ideas and one of those who are thrown around is to obtain BTC via rates. President Donald Trump recently announced new international rates for countries such as Mexico, Canada and China.

“We look at many creative ways, whether it is out of rates. Whether it comes from something else. I mean, there are literally countless ways you can do this … everything is on the table and as we said, we want so much [BTC] As we can get, we will ensure that there is no stone undisturbed. ‘

BTC acts for $ 84,904 at the time of writing, a win of 1% in the day.

https://www.youtube.com/watch?v=NBM2S2PU1GS

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