According to President Trump’s chief cryptocurrency advisor Bo Hines, in a recent interview with KOL Anthony Pompliano, the Trump administration is exploring various “budget-neutral” strategies to purchase Bitcoin, including utilizing potential tariff revenues.
“We are evaluating many innovative methods, whether it’s tariffs or other means; frankly, there are countless options on the table. All options are being considered.”
Bo Hines, the Executive Director of the “Presidential Advisory Council on Digital Assets,” emphasized that the goal of the government is to purchase as much Bitcoin as possible without utilizing taxpayer funds. “We have made our position clear: we want to accumulate as much Bitcoin as possible, but this must be achieved in a way that does not cost taxpayers and maintains a balanced budget.”
He also compared Bitcoin to gold, stressing that the government plans to hold these Bitcoins long-term and will not sell them. Bo Hines revealed that current Secretary of Commerce Howard Lutnick and Secretary of the Treasury Scott Bessent are closely collaborating with an interagency task force to study the acquisition and management mechanisms for Bitcoin.
Additionally, he praised Senator Cynthia Lummis for promoting the “Bitcoin Act of 2025,” which proposes the establishment of a U.S. strategic Bitcoin reserve and aims to gradually build a national-level Bitcoin reserve in a budget-friendly manner.
The contents of the bill include using the revaluation gains from the Federal Reserve’s gold certificates as a dedicated funding source for purchasing Bitcoin. According to the provisions of the bill, the U.S. government will gradually acquire one million Bitcoins over five years, holding them long-term as a strategic national asset.
In addition to the Bitcoin acquisition strategy, Bo Hines also discussed the current state and future of the U.S. financial system. He emphasized that blockchain and digital assets will be key technologies in innovating America’s financial infrastructure.
“Our banking system is full of friction, with delays in transfers and hidden fees; these issues are simply unacceptable for modern users… Look at our current payment network, it still takes such a long time to complete a transaction, which is truly unacceptable.”
Bo Hines believes that more efficient and transparent blockchain technology can fundamentally improve these issues.
