Trump admin may tap gold profits to stack Bitcoin Reserves: Bo Hines
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Bo Hines, a senior White House crypto advisor, suggests using potential gains from undervalued gold certificates to fund a Strategic Bitcoin Reserve (SBR) without burdening taxpayers. The proposal involves revaluing gold certificates from $42.22 to current market prices, potentially unlocking around $780 billion in dormant capital. A Data for Progress poll indicates 51% of voters disapprove of the SBR, making funding strategies crucial.

March 22, 2025 | 12:15 am
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POSITIVE IMPACT
Potential US government Bitcoin reserve could increase institutional interest and Bitcoin's legitimacy, potentially driving price appreciation.
Government-backed Bitcoin reserve would demonstrate institutional acceptance, potentially attracting more investors and increasing Bitcoin's perceived value and stability.
CONFIDENCE 70
IMPORTANCE 85
RELEVANCE 90