Bo Hines Says Trump Tariffs Revenue Could Fund US Strategic Bitcoin Reserve

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Bo Hines Bitcoin reserve
Bo Hines Bitcoin reserve

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Bo Hines, the former football player who helps craft Donald Trump’s crypto agenda, says revenue generated from trade tariffs may be used to grow the US Strategic Bitcoin Reserve.

“We’re looking at many creative ways, whether it be from tariffs, there’s literally countless ways in which you can do this,” said Hines, executive director of the Presidential Council of Advisers for Digital Assets, in an interview with Anthony Pompliano of Professional Capital Management. “Everything is on the table.”

Donald Trump

Hines Says Trump Aims To Harness Bitcoin For American People

Hines said it is now in the long-term interest of the US government to “harness Bitcoin for the American people.” 

He said that the inner-agency working group for digital assets has already brainstormed multiple ways to acquire more Bitcoin without costing the taxpayer money, which he says will be implemented in “short order.”

He added that he’s working with Trump’s AI and crypto czar David Sacks on a budget-neutral solution to grow the US Strategic Bitcoin Reserve. 

According to Hines, the White House recognizes that Bitcoin is “unique,” adding that it’s a commodity and “not a security.”  He also said the largest crypto by market cap has intrinsic value and “immaculate conception.”

Hines said Trump has “repeatedly” said he wants to make the US the “Bitcoin superpower” of the globe.

Bitcoin Could Behave As Gold-Like Hedge In Future: Bo Hines

Hines said gold has been a go-to safe-haven for investors for the past few thousands of years, adding that he thinks Bitcoin could be another hedge against uncertainty for investors in the coming few thousands of years.

His comments come after US President Donald Trump slapped swingeing tariffs on global trading partners. He has since announced a 90-day pause to give space for negotiations with trading partners, even as he escalated the trade war with China.

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