White House Digital Asset Policy Advisor: The Trump administration may use gold profits to increase Bitcoin reserves
In a recent interview with Crypto In America, Bo Hines, the White House Digital Asset Policy Advisor, stated that the Trump administration will explore innovative ways to fund Strategic Bitcoin Reserves (SBR) without increasing the burden on American taxpayers. The United States could use profits generated from its gold reserves to provide funding for its strategic bitcoin reserves. However, analysts believe that Bo Hines' remarks are intended to reassure Americans as a recent survey showed 51% of Americans disapprove of establishing strategic bitcoin reserves. This initiative has been temporarily listed as the last item on the federal funding priority list.
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