Trump Administration Considers Using Gold Reserves to Buy Bitcoin, Aiming for $81 Trillion Impact

The U.S. White House, under the Trump administration, is considering using the country's gold reserves to purchase Bitcoin, according to statements from White House officials. This proposal aims to integrate cryptocurrency into national reserves. Bo Hines, the Executive Director of the President's Digital Asset Advisory Committee, suggested that the U.S. could use the proceeds from its gold reserves to buy more Bitcoin. He indicated that this approach could be budget-neutral and increase the national Bitcoin reserves, potentially leading to a $81 trillion economic impact as proposed by Michael Saylor's framework. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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Trump Administration Considers Using Gold Reserves to Buy Bitcoin, Aiming for $81 Trillion Impact

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