Hines added:
“We’re not going to sell any Bitcoin that we possibly have in the US government, period.”
Furthermore, he highlighted that the US recognizes Bitcoin as a commodity with “intrinsic stored value.” This status justifies a separate, single-asset reserve.
Hines rejected the idea of a numeric target for federal holdings and clarified that there is no cap. He said:
“We want as much as we can possibly get.”
He added the reserve framework instructs officials to find “budget-neutral ways” to grow the stack, and the working group continues to study options that meet that condition.
Conference speakers suggested ways to add Bitcoin to the reserve without using taxpayer funds.
Furthermore, crypto mining plants that utilize wasted methane would be exempt from taxes.
He added:
“In fact, that’s elegant, because you don’t even need to touch cash. You could sell an altcoin/BTC pair, cash never appears. There is nothing for the vultures of government to grab onto.”
