Key Takeaways
- Bo Hines emphasized the need for the U.S. to swiftly establish its Bitcoin reserve strategy.
- Hines advocates for the government to accumulate an “endless” supply of Bitcoin.
- He highlighted the commitment of the Trump administration to establish America as the leader in cryptocurrency.
Bo Hines, who leads the Presidential Digital Asset Advisory Committee, believes the United States must gather as much Bitcoin (BTC) as possible to retain its position as a global leader.
During an interview with Anthony Pompliano, Hines stated that the U.S. needs to act swiftly on its Bitcoin reserve policy to avoid lagging behind other countries.
He reiterated President Donald Trump’s dedication to positioning America at the forefront of Bitcoin and digital asset innovation.
“I Want It to Be Infinite,” Hines Remarks
When quizzed about a specific target for Bitcoin reserves, Hines was very direct.
“I’ve heard numerous senators and others in Washington discuss specific figures,” he explained. “However, I’d prefer they be infinite. I want to acquire as much as we can. With any asset that has intrinsic value, the goal is to amass as much as possible. Bitcoin is no exception.”
Hines commended Trump as the “Bitcoin and pro-crypto president,” noting that the administration is actively working to deliver on its promises through policy development and the establishment of task forces.
He pointed to the newly instituted crypto working group, which has been assigned deadlines to provide regulatory clarity regarding digital assets.
The U.S. Takes the Lead, Others Observe
While the U.S. might be the first major nation to designate Bitcoin as a strategic asset, other countries are preparing to catch up. Hines confirmed that, despite some earlier rejections of the concept, attitudes are shifting.
For instance, Japan had previously turned down the notion of a national Bitcoin reserve. Russia was also cautious—until recently. According to Hines, Russia is now contemplating its own reserve model utilizing confiscated digital assets, potentially echoing the U.S. approach.
Nevertheless, Hines made it clear that the U.S. is focused on its own objectives, not what other nations are doing.
“We have a responsibility to prioritize the American people,” he stated. “I am confident that other countries will look to follow us as we continue to advance and embrace this technological progress. I believe you’ll see other global leaders adhere to this trend very soon.”
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