Bo Hines himself suggested using income from the new tariff policy for the purchase of bitcoins. He considers it necessary to urgently increase the state bitcoin reserve. In conditions of global competition, America should act boldly and confidently to quickly accumulate bitcoins, Hines believes.
“SBR is aware of the value of bitcoin and how it can be used for the good of the American people. The final amount of bitcoins makes the accumulation with a question of paramount importance, ” – declared The head of the council in an interview with Thinking Crypto.
According to Hines, the creation of a strategic reserve of bitcoins is only the first step towards strengthening economic stability and protecting the United States from global financial upheavals. This initiative can allow America to take leading positions in the cryptocurrency race, but it will require solving a number of issues, including the management of market volatility and the development of a regulatory framework for working with digital assets, the head of the council said.
Earlier, Bitwise Asset Management CEO Hunter Horsley has criticized the US authorities to include several digital assets in the state strategic reserve, and not just one bitcoin.
Source: Bits
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