As the Executive Director of the Presidential Council of Advisers for Digital Assets, Bo Hines isn’t messing around with America’s Bitcoin strategy. Appointed by President Trump to lead the Crypto Council, he’s working alongside crypto czar David Sacks with one clear mission: make the US the crypto capital of the world. And he’s dead serious about it.
The Strategic Bitcoin Reserve (SBR) created through Trump’s March 6, 2025 executive order represents a major shift in national policy. Bitcoin isn’t just another cryptocurrency to these folks. It’s digital gold. Period. And Hines wants America hoarding it like there’s no tomorrow.
Currently, the US government sits on approximately 207,000 BTC from seizures and forfeitures, making it the largest known Bitcoin holder among nation-states. But that number could’ve been double. The government previously sold half its 400,000 BTC holdings prematurely. Talk about dropping the ball – they lost a potential $17 billion by selling early. Oops.
Uncle Sam fumbled the crypto bag, selling half its Bitcoin stash and leaving billions on the table.
Hines doesn’t want history repeating itself. He’s exploring budget-neutral ways to acquire more Bitcoin without taxpayer costs, including potential revaluation of Federal Reserve gold certificates. The initiative emphasizes no taxpayer funding will be used for Bitcoin acquisition. The administration is developing a digital Fort Knox concept for ultra-secure storage of these valuable digital assets. Bitcoin’s fixed supply cap of 21 million coins makes it particularly valuable as a hedge against inflation. Senator Lummis’ BITCOIN Act of 2025 aligns with this strategy, aiming for a whopping 1 million BTC acquisition. Representative Donalds has introduced a bill to codify the SBR into law. The momentum is building.
What makes Bitcoin special in US policy? It’s treated differently from other cryptocurrencies – viewed as having intrinsic stored value with “immaculate conception” and no issuer. Basically, it’s gold’s digital cousin.
This isn’t just about economics. It’s national security. Hines views Bitcoin accumulation as essential for dominating cyberspace and maintaining US technological leadership. The race is on against global adversaries for the largest Bitcoin stockpile.
The message is clear: secure every Bitcoin possible before adversaries do. The digital gold rush is happening, and America can’t afford to be late to the party.
