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CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > U.S. plans to build Bitcoin Reserve without taxpayer funds – Bo Hines explains
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U.S. plans to build Bitcoin Reserve without taxpayer funds – Bo Hines explains

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Last updated: March 20, 2025 1:12 pm
CoinRSS Published March 20, 2025
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Contents
Bo Hines explains the U.S. government’s Bitcoin planWhat caused this shift?Countries are against Trump’s Bitcoin Reserve plan
  • The U.S. plans to accumulate Bitcoin without using taxpayer funds.
  • The Strategic Bitcoin Reserve marks a shift in U.S. economic strategy toward digital assets.

The year 2025 has been dominated by Bitcoin [BTC] discussions, with both critics and supporters weighing in on its impact.

A major catalyst for this shift has been President Donald Trump’s return to office, which has significantly influenced the crypto landscape both in the U.S. and globally.

Bo Hines explains the U.S. government’s Bitcoin plan

In a bold move, Bo Hines, executive director of the Presidential Council of Advisers for Digital Assets, revealed that the U.S. government is actively exploring ways to accumulate Bitcoin without relying on taxpayer money.

Speaking at the Blockworks Digital Asset Summit 2025, Hines emphasized that this initiative aligns with Trump’s campaign commitments while acknowledging Bitcoin’s growing role in the global economy.

Hines said, 

“We talked about ways of acquiring more Bitcoin in budget neutral ways. We want “as much as we can get.”

He further added, 

“We delivered on the President’s promises that he made on the campaign trail. The President was adamant about creating the [Strategic Bitcoin Reserve]. We wanted to make sure that we did it right in a way that respected Bitcoin for being so unique, and also gave credence to innovation and other spaces in the digital asset world.” 

What caused this shift?

The introduction of the Strategic Bitcoin Reserve signals a fundamental shift in the U.S. government’s stance on digital assets.

Traditionally, central banks and national reserves have relied on gold and foreign currencies to secure financial stability.

However, Bitcoin’s emergence as a store of value has prompted the administration to recognize it as “digital gold.”

Remarking on the same, Hines explained, 

“We look at Bitcoin, it’s not a security, it’s a commodity as intrinsic stored value that’s traditionally accepted.”

Therefore, as the U.S. accelerates its push toward Bitcoin accumulation, the approach remains under scrutiny, both domestically and internationally.

The administration’s commitment to a budget-neutral strategy aims to prevent taxpayer burden, but details on execution remain unclear.

Countries are against Trump’s Bitcoin Reserve plan

Meanwhile, European financial leaders, including ECB’s Francois Villeroy de Galhau, have voiced concerns about potential global ripple effects, warning that financial crises often originate in the U.S. and spread worldwide.

Thus, as the government refines its Bitcoin reserve strategy, its success or failure could have a lasting impact—not just for the U.S. economy, but for the broader global financial landscape.

Next: Why is crypto down today? How FOMC, geopolitics impacted BTC

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