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White House digital asset officials: The United States may use tariff revenue to buy Bitcoin with full force!
Bo Hines, an official at the White House Working Group on Digital Assets, said that the government will go all out to buy bitcoin (BTC), and one of the sources of spending is likely to come from tariffs. (Synopsis: BitBonds: Bitcoin + U.S. bonds, what can reshape the pattern of US finance? (Background added: U.S. tariffs will kill bitcoin mining companies? In addition to correcting the overflow of U.S. debt and adjusting the ratio of imports and exports through trade wars, the U.S. government is actively exploring a variety of "budget-neutral" ways to increase bitcoin reserves in order to achieve its goal of becoming a "global bitcoin superpower." Bo Hines, executive director of the White House President's Digital Asset Task Force, revealed in an interview released today (15) that using tariff revenues could be one of "many creative ways" to fund the US Strategic Bitcoin Reserve. In the interview, Hines made it clear that the Trump administration's goal is to "accumulate as much bitcoin as possible," and he personally hopes to reach "an infinite amount." He likened bitcoin to gold, arguing that any asset with intrinsic stored value, the country wants as much as possible. However, he also stressed that any increase in bitcoin holdings must follow the principle of "budget neutrality", that is, it cannot cost taxpayers a penny. Where does the money come from to buy Bitcoin? Asked about specific funding sources, Hines mentioned a variety of possibilities currently being explored. In addition to Senator Cynthia Lummis' proposed Bitcoin Act of 2025, which proposes to reassess the value of gold reserves held by the U.S. Treasury Department (the current book value is well below market value, about $43 an ounce, when the market price has reached $3,100), and use its appreciation to buy bitcoin, Hynes directly named the tariff revenue. "We're looking at a lot of innovative approaches, both from ...... You know, tariffs, or from other sources," "Actually, there are countless ways to do that...... We look at everything and all the options are on the table." Although Hynes did not elaborate on the specific mechanism of how to use tariff revenues to buy bitcoin, this level of statement is enough to shock the world! Because the US government actively uses tariffs as a geopolitical and economic tool, linking tariff revenues to the national bitcoin reserve strategy has brought great imagination to the market. White House's Digital Assets Task Force Emerges Behind this move is the "cryptocurrency president" line established by President Trump since the beginning of his presidency. Hynes mentioned that Trump signed an executive order on his third day in office, establishing an interdepartmental White House Digital Assets Task Force (with Hynes as executive director and well-known venture capitalist David Sachs as AI and cryptocurrency czar), with the goal of making the United States the "cryptocurrency capital of the world." The task force is working toward a milestone set at 180 days, when it will present a comprehensive report outlining the specific steps needed to establish a leading regulatory framework for cryptocurrencies in the United States. At the same time, the administration expects Congress to send key stablecoin bills and market structure bills to the president for signature before the August recess. Hynes stressed that there are many "highly intelligent talents" within the government, including cabinet members such as Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, who will work together on various ways to get as much bitcoin as possible without spending more on national taxes. Related reports Trump's "Made in America Dream" is too naïve? Importers shout the end of the world: it is impossible to move back to the production line, orders are canceled Huida announced an investment of $500 billion in the United States: joint Taiwan manufacturers such as TSMC, Hon Hai, and Wistron to build a US production line for AI chips and supercomputers Trump believes that "banning crypto crimes" damages US competitiveness; Order the Department of Justice to suspend cross-sea law enforcement, citing legal concerns White House digital asset officials: The United States may use tariff revenues to buy bitcoin with all its might! This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".