Trump Administration Considers Using Tariff Revenue to Buy Bitcoin

The Trump administration is exploring the use of tariff revenues to fund the acquisition of Bitcoin, aiming to expand the nation’s strategic cryptocurrency reserves without increasing taxes or national debt.

Bo Hines, Executive Director of the Presidential Council of Advisers on Digital Assets, discussed this initiative in a recent interview, highlighting the administration’s commitment to making the United States a leader in digital assets.

The reserve is funded by Bitcoin seized in criminal and civil cases, with plans to expand holdings through budget-neutral strategies. โ€‹

In addition to tariff revenues, the administration is considering revaluing U.S. Treasury gold certificates to generate funds for Bitcoin purchases.

This approach would leverage the current market value of gold without selling physical reserves, providing another budget-neutral method to increase Bitcoin holdings. โ€‹

Senator Cynthia Lummis supports the administration’s efforts through the proposed BITCOIN Act of 2025, which aims to acquire up to one million BTC over five years. The legislation seeks to diversify the nation’s reserves and strengthen its position in the global digital economy. โ€‹

While proponents argue that these measures will enhance national financial security and innovation, critics express concerns about potential conflicts of interest and the volatility of cryptocurrency markets.

The administration maintains that its strategies are designed to protect taxpayers and promote long-term economic stability.

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BitcoinVersus.tech (@bitcoinversus.bsky.social) 2025-01-17T18:23:17.472Z

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