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Trump administration exploring gold revaluation to fund Bitcoin purchases – Bo Hines – TON BOT

Trump administration exploring gold revaluation to fund Bitcoin purchases – Bo Hines

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The Trump administration is considering revaluing decades-old gold certificates to expand the country’s Bitcoin holdings without increasing the federal deficit. Bo Hines, a top White House crypto official, mentioned this strategy during an interview. The administration authorized the creation of a national Bitcoin reserve and is exploring various creative methods to accumulate more Bitcoin. Lawmakers are working on legislation to support this initiative. Hines emphasized that Bitcoin is a unique asset with intrinsic value and is seen as a long-term store of value.

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