Bo Hines Unveils Detailed Plan for Federal Bitcoin Reserve to Boost Economic Resilience

In an exclusive interview with The Pavlovic Today, Bo Hines, head of the President’s Advisory Council on Digital Assets, revealed the U.S. government’s ambitious plan to systematically purchase bitcoin (BTC) as part of the newly created Strategic Bitcoin Reserve (SBR).

Hines Outlines Strategy for Buying BTC to Innovate Finance

According to Hines, the initiative is a key step toward bolstering the U.S.’s economic resilience through innovation in cryptocurrency technology. “Bitcoin is the oldest and most established cryptocurrency. It has no central issuer, and it operates as a commodity, not a security,” Hines explained following the White House Crypto Summit with President Donald Trump.

The conference took place on Friday, after Trump first revealed the idea of a bitcoin reserve on the social network Truth Social. According to David Sacks, the head of Trump's cryptocurrency initiative, a strategic BTC reserve would be one of the key elements of creating a national reserve of digital assets, although not all digital assets would be purchased through traditional channels.

Bitcoin - America's New Store of Value

Hines shared more about the government's view on Bitcoin: "[Bitcoin] has a clear intrinsic value. We approach it from a different perspective. That's why we've structured the executive order that way and have directed both the Secretary of Commerce and the Secretary of the Treasury to find creative solutions to store bitcoin that don't cost taxpayers money," Hines said.

He also emphasized that under Trump's leadership, the United States is not only accumulating wealth for its citizens, but also ushering in a digital financial era for the entire country. "This president is focused on giving back to the people, not taking away from them. He is driving the development of digital financial technology so that the United States continues to lead globally," Hines asserted.

The Future of Bitcoin Reserves

Hines added that the government will continue to engage with interagency agencies to develop advanced digital financial strategies. Trump's first executive order on digital assets, issued last Tuesday, called for interagency coordination among secretaries to ensure that the United States continues to be a leader in digital financial technology.

"We will pursue that goal, and Bitcoin reserves will certainly be a key part of that strategy," Hines concluded.