0 reply
20 recasts
20 reactions
Bo Hines (CEO of Digital Assets for the Trump Campaign):
The US once owned nearly 400,000 BTC, but sold about half for just $370 million. If kept, that amount of BTC would now be worth ~$17 billion, showing the strategic importance of this asset.
Bo Hines emphasized that the US needs to accumulate as much Bitcoin as possible, as long as it is done in a budget-neutral way (without using taxpayer money).
An internal working group of agencies such as the Treasury and Commerce Departments is exploring various options for building a Bitcoin strategic reserve, like a "digital Fort Knox".
Bitcoin is viewed as digital gold, a commodity with an intrinsic store of value, not a security, and is in the long-term interests of the American people.
Bo Hines emphasized that this is the first time the US has a president who advocates strategic asset accumulation instead of dumping, and his team is confident in the plan and long-term vision for Bitcoin. 0 reply
0 recast
0 reaction
