ICYMI - Trump adviser said (Friday) US may sell gold to buy Bitcoin ...Middle East

Robert “Bo” Hines, executive director of the President's Council of Advisers on Digital Assets spoke with media on Friday

if the move to sell some of the gold in Fort Knox to buy Bitcoin remained budget-neutral, it could be considered

This is of interest because in Trump's announcement of a Bitcoin Reserve earlier this month he said the government will acquire any Bitcoin in the future through “budget-neutral” ways.

Later in Hines' interview he referred to Senator Lummis' BITCOIN bill as an example of a budget-neutral way to buy Bitcoin.

The Lummis legislation, in brief:to create a bitcoin strategic reservewould direct the government to purchase 1 million bitcoins over five yearsfunds for the bitcoin purchases would come from “diversifying existing funds” in the Federal Reserve system

BTC up

This article was written by Eamonn Sheridan at www.forexlive.com.

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