Trump’s administration seems to be ready to develop a strategic Bitcoin reserve after the head of the White House cryptographic council suggested neutral budget methods of purchasing a digital resource.

“There were countless ideas” about how the government can buy more Bitcoin (BTC), because Hines, executive director of the President of the Council of Digital Advisors, said in an interview for Crypto in America Podcast.

Perhaps the best way to do this would be to realize profits on golden government certificates, which are much lower than the ore, in fact it is worth today.

“I will actually show you to the Senator [Cynthia] The Bitcoin Lummis Act from 2025, in which he believes that we can identify the true true value of some of these gold certificates, “said Hines.

“If we really realize the benefits [these holdings]It would be a neutral way for the budget to get a larger number of bitcoins, he said.

As a federal reserve bank Louis explainsAll gold certificates stored in FED banks are “calculated at a statutory price of USD 42.22 per ounce of Troy”. For comparison, Spot Gold is currently valued at over 3000 USD per ounce.

Senator Cynthia Lummis proposed Bitcoins Act of 2025 Lists “gold certificates of the Federal Reserve System” as one source of financing Bitcoin purchases.

The bill requires that fed banks “submit all overdue gold certificates in their detention secretary” so that the secretary can issue novel certificates “reflecting the price of fair market value of gold, which are intended for such certificates by the State Treasury.”

Hines said he was open to all ideas for the development of the reserve until he “costs a taxpayer for a penny.” This is the heart of the budget neutral strategies regarding the acquisition of Bitcoin presented in the executive order of President Donald Trump on March 6.

“With all the actors of the working group who will convene in these meetings, i.e., we will hear some amazing ideas about how we can do it. I just don’t want to pack us yet, how it really looks, because I want to be able to hear from everyone.”

The US government currently has about 207,000 BTC occupied in criminal and civil proceedings. By default, America is the largest known owner of Bitcoin among national states.

Related: US Stablecoin Bill probably in the “next 2 months” – head of the crypt council of Trump

Special status of bitcoin

During the interview, Hines repeated the special status of Bitcoin, which suggests that the White House cryptocurrency council treated strategic reserves and digital assets very differently.

“The reason why we struggled [Strategic Bitcoin Reserve] In this way, bitcoin is different. This is unique; It’s goods, not security, “Hines said, adding:

“David [Sacks] He likes to say that he has a flawless concept, which means that there is no issuer. It has an internal stored value, as well as a traditionally accepted value magazine. We wanted to make this distinction [between stockpile and reserve]. “

The White House rushed to defend the special status of Bitcoin shortly after President Trump announced plans of digital assets, including a bit of altcoins with huge capitalization. Even the Secretary of Trade Howard Lutnick explained that Bitcoin would be treated differently than the rest of these Altcoins.

In addition to the goals regarding Bitcoin acquisition, Trump’s administration makes significant progress on cryptocurrency provisions through bilateral cooperation.

According to the representative of Ro Khanna, the California Democrat, Congress should be able to pass the bill for the Stablecoin market and the cryptocurrency structure this year.

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