U.S. Administration Explores Aggressive Bitcoin Accumulation
The U.S. administration is exploring innovative ways to accumulate Bitcoin, with a focus on Senator Cynthia Lummis' proposed BITCOIN Act of 2025. The act suggests purchasing 200,000 BTC annually for five years, using extra funding from revaluing gold certificates, without burdening taxpayers.
The administration is actively seeking budget-neutral methods to acquire Bitcoin. One proposal involves using revenue from tariffs to fund purchases. A White House economic projection estimates that a global tariff of 10% could boost the economy by $728 billion.
In a recent interview, Anthony Pompliano discussed the administration's plans with Bo Hines, Executive Director of President Donald Trump's Council of Advisers for Digital Assets. Alternatives to direct market purchases were explored, such as using confiscated Bitcoins from federal cases. David Sacks, Trump's crypto officer, supports building a 'digital Fort Knox' using seized Bitcoins and other cryptocurrencies.
The administration's plans to aggressively accumulate Bitcoin are underway, with a focus on budget-neutral methods. The BITCOIN Act of 2025, tariff revenue, and alternative sources like seized Bitcoins are being considered. The ultimate goal is to establish a U.S. strategic Bitcoin reserve without increasing the burden on taxpayers.
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