Gold Profits Could Be Key to Gov’t Bitcoin Play, Trump Crypto Chief Says

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Now that the Strategic Bitcoin Reserve (SBR) is a formal government policy, its administrators are scrambling for ways to build and potentially sustain the plan.

With an order to use budget-neutral strategies to manage the reserve, Bo Hines, US President Donald Trump’s Executive Director on Digital Assets, suggests using gold certificates.  

Hines shared many creative ideas on possible “budget-neutral” ways to buy more Bitcoins, and he sees gold certificates as one of the best options. He added that these certificates are priced less than actual gold, making it possible for the US…

Source link