President Trump Executive Director Says U.S. Could Use Tariff Revenue to Build Strategic Bitcoin Reserve
Bitcoin Magazine President Trump Executive Director Says U.S. Could Use Tariff Revenue to Build Strategic Bitcoin Reserve Bitcoin advocate and investor Anthony Pompliano sat down with Bo Hines, Executive Director of Pres...
Bitcoin Magazine
President Trump Executive Director Says U.S. Could Use Tariff Revenue to Build Strategic Bitcoin Reserve
Bitcoin advocate and investor Anthony Pompliano sat down with Bo Hines, Executive Director of President Donald Trump’s Council of Advisers for Digital Assets, in a headline-making White House interview that offered the most detailed look yet at the administration’s ambitious plans for a U.S. strategic Bitcoin reserve.
I went to the White House to interview @BoHines about the administration's crypto plans.
We talked about the US strategic bitcoin reserve, stablecoins, regulation, how decisions are being made, gold, tariffs, law enforcement, motivational aspect inside Trump admin, biggest… pic.twitter.com/SpApPOBPok
The conversation touched on a wide range of policy priorities — from stablecoin regulation and interagency cooperation to tariffs, law enforcement, and legislative developments — but a focal point of the conversation was the administration’s intent to aggressively accumulate Bitcoin without increasing the burden on taxpayers.
“We have obviously made it very clear that we want to acquire as much as we can get,” Hines told Pompliano. “I’ve said that repeatedly throughout my time on the speaking circuit over the course of the last few months… it stipulates that we have to acquire bitcoin in budget neutral ways that don’t cost the taxpayer a dime.”
One of the most eye-catching proposals involves using revenue from tariffs to fund Bitcoin purchases, which was interesting given the recent global trade war around tariffs and a recent White House economic projection stating that “a global tariff of 10% would grow the economy by $728 billion.”
“I think that we have, as the President likes to say, ‘many high IQ people’ working on these solutions,” Hines added. “We’ll come together and flesh out some of these ideas and really get to the best solution.”
JUST IN: President Trump's Executive Director Bo Hines said the US may buy #Bitcoin using revenue from tariffs. pic.twitter.com/JxnYeFx170
— Bitcoin Magazine (@BitcoinMagazine) April 15, 2025Hines also addressed Senator Cynthia Lummis’ proposed BITCOIN Act of 2025, which calls for the U.S. to acquire 200,000 BTC annually for five years, building a million-bitcoin reserve.
“I think Senator Lummis has really an interesting idea with the BITCOIN Act,” said Hines. “Here what you would do is — you revalue the gold certificates that we currently have at Treasury… Most of which I think are valued around $43 an ounce… now we’re sitting at what, $3,100 an ounce… and if you took that value, what you could do is use that extra funding in order to buy more bitcoin.”
As Hines emphasized, “There’s literally countless ways in which we can do this… everything’s on the table, and like we’ve said, we want as much as we can get.”
Following the interview, Pompliano published a video to his X account sharing his top ten key takeaways from his interview with Hines, which can be found below, and the full interview can be found here on Pompliano’s YouTube channel here.
Here are the 10 things I learned about bitcoin & crypto at the White House: pic.twitter.com/PCYpCU3ncU
— Anthony Pompliano (@APompliano) April 15, 2025This post President Trump Executive Director Says U.S. Could Use Tariff Revenue to Build Strategic Bitcoin Reserve first appeared on Bitcoin Magazine and is written by Nik.
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