US Government Strategy: Use Tariff Revenue & Gold Certificates for Bitcoin Acquisition

Jakarta, Pintu News – The United States government is reportedly strategizing to increase its holdings of Bitcoin as part of the country’s strategic reserve of digital assets.

One of the approaches being considered is using revenue from import tariffs as well as the revaluation of gold certificates held by the Treasury Department. This move marks a significant improvement in the approach to digital asset policy under President Trump’s administration.

Funding Strategy: From Tariffs to Gold Certificates

Bo Hines, Executive Director of the President’s Advisory Council on Digital Assets, revealed that the Trump administration is exploring various options to increase the national Bitcoin reserve. One idea is to revalue the US Treasury’s gold certificates, which are currently valued at only about $43 per ounce. When adjusted to the current market price of around $3,100 per ounce, this would create a significant surplus of funds.

Hines stated that this surplus could be used to purchase more Bitcoin without burdening the state budget. In addition, revenue from import tariffs is also being considered as an alternative source of funding. According to him, the government will maximize all legitimate fiscal instruments to enlarge its cryptocurrency holdings.

Also Read: Massive Spike! Shiba Inu Burn Rate Up 2000%, Will Prices Soar?

Bitcoin Act Bill and Ambitious Acquisition Plans

Senator Cynthia Lummis reintroduced the Bitcoin Act Bill in early 2025, which encourages the government to accumulate up to one million Bitcoins in the next five years. This figure represents about 5% of the total supply of Bitcoin available globally. Hines considers the proposal an interesting idea and mentions that its successful implementation will largely depend on bipartisan support in Congress.

By utilizing the benefits of gold certificates and tariff funds, Hines believes the government can fund Bitcoin purchases in a budget-neutral manner. He also emphasized that President Trump strongly supports digital assets and wants to make the United States the crypto capital of the world.

Direct Government and Crypto Industry Involvement

Since his appointment as director, Hines has had over 50 meetings with various crypto industry figures in his first 30 days. These meetings include discussions with key figures such as Chris Dixon and Marc Andreessen of Andreessen Horowitz, Ripple CEO Brad Garlinghouse, to the head of the digital assets division from Bank of New York Mellon.

The meetings took place in various formats, from Zoom calls to informal discussions at cafes in Washington DC. Hines stated that he is open to hearing ideas from all parties in the industry, both big and small players, as part of the effort to craft an inclusive and sustainable digital asset policy.

The Controversy Surrounding the Government’s Crypto Initiative

While this strategy is ambitious, it is not free from controversy. Some Democratic lawmakers have highlighted the potential conflict of interest between the government’s strategy and President Trump and his family’s personal involvement in crypto. Particular criticism was aimed at the launch of the Solana-based TRUMP meme token, which is said to have generated more than $100 million in transaction fees for Trump-related entities.

Some, such as David Sacks, claim that the tokens are only collectible and not related to official policy. However, skepticism still surrounds the transparency of this initiative, especially regarding the audit of the US government’s Bitcoin reserves that has yet to be officially announced.

Conclusion

The strategy being considered by the US administration reflects a serious attempt to make cryptocurrencies, particularly Bitcoin, an integral part of the national reserve. By capitalizing on the potential value of gold certificates and tariff revenue, America seems poised to take a more dominant position in the global crypto landscape. However, this move still faces political challenges and questions regarding transparency and potential conflicts of interest.

Also Read: XRP: Key to the Future of Global Financial Infrastructure

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Cryptopolitan. Trump to Use Tariff Revenue, Gold Certificate Revaluation to Buy More Bitcoin. Accessed April 16, 2025.
• Featured Image: Generated by Ai