We Dive Into: US Bitcoin Reserve: Tariffs and Gold Revaluation
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We Dive Into: US Bitcoin Reserve: Tariffs and Gold Revaluation
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About this listen
The US is considering strategies to increase its Bitcoin reserves without using taxpayer money. One approach involves redirecting revenue generated from tariffs imposed under the "America First" trade policy. Another option being explored is revaluing the US Treasury's gold certificates to their current market price and using the surplus to purchase Bitcoin without selling any gold. These considerations follow an executive order from Donald Trump to establish a Strategic Bitcoin Reserve, initially stocked with seized cryptocurrency. The administration aims for these acquisition methods to be budget-neutral, avoiding the need for congressional appropriations.
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