A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...
    • Redditsux@lemmy.worldOP
      0·
      23 days ago

      They don’t. It’s being floated. Trump said he’s going to create a reserve. Not an official act yet.

        • Redditsux@lemmy.worldOP
          0·
          23 days ago

          Apparently, it does, as an act of E.O. that whole line concerns me - that they’ll use the budget to buy bitcoin while laying off workers and cutting social security.