The White House has made Bitcoin a geopolitical priority, likening it to the 21st century “space race.” In an exclusive interview inside the Eisenhower executive office building, Bo Hines, executive director of the President’s Digital Assets Committee, spoke with Bitcoin Magazine political correspondent Frank Corva and Riot Platforms director of policy (and former White House deputy communications director) Brian Morgenstern.
Hines constituted the government’s first 100 days as it deliberately reversed the “laws” that hunted the cryptocurrency sector. “The president made a promise in the campaign, and he has delivered on many promises, but we still have a lot of work to do,” Hines said at the beginning.
Bitcoin “Space Race”
The core is to launch strategic Bitcoin reserves (SBR) and broader digital assets in national inventories. Hines explained that the goal is to ensure as much digital gold as fiscally prudent permits. “We think Bitcoin is unique, and we say repeatedly that we think of Bitcoin as digital gold,” he said.
When asked how much bitcoin the United States wants to accumulate, Hines refuted the premise: “It’s a stupid question. It’s like asking any country how many assets with inherent storage value you want. You want to accumulate as much as you can.” Legal language requires that all accumulations be neutral, but Hines expressed confidence that “high-ranking people in this administration, especially those in finance and business,” “will propose extremely creative ways for us to accumulate.”
This intention is animated by a clear geopolitical lens. “There is certainly a space race that is related to the accumulation of that asset,” Hines said. “We position ourselves as the world’s Bitcoin superpower.” An analogy of the 20th-century race with twentieth-century alien dominance was repeated throughout the conversation; in the government’s opinion, hashrate, custody, and sovereign reserves may soon be as strong as launch pads.
Hines attributed much of the early speed to what he called the intentional injection of government by private sector talent. David Sacks, named AI and Crypto Czar, was picked out for lending Silicon Valley venture capital expertise to federal decision-making. “We’re finally testing the hypothesis…what happens when you bring a bunch of private-sector actors who succeed and inject it into the government?” Hines said, believing that the three-month regulatory reversal and policy building has proved the experiment.
The White House’s constructive roadmap for demolition is aggressive. Phase One – The revocation of “heavy regulations that truly kill innovation” has been underway, with the lawsuits revoked by the Securities and Exchange Commission and new banking guidelines aiming to make the U.S. words, “the most important thing is the closest environment that may exist in the world, the possible environment that may exist in the world.”
The second phase of the phase requires the passage of Congress to support the Stablecoin and the Market Structure Act. “We want to make sure we fulfill the president’s wishes so that two legislations are obtained on his desk before the August break,” Hines declared. “The third phase, which plans to begin after the existence of a statutory framework, will include blockchain rails into regular payments – Overhaul Hines said it could be a landmark achievement for the president’s second term.
Open the question
The schedule consists of 180-day inter-agency reports set out in the Executive Order and is intended to express how the federal department operates under the upcoming legal building. The Treasury Department has reviewed the existing government-owned Bitcoin (deadline is April 5); Hines said each agency involved is “very cooperative in producing what it has” and is now undertaking a merger.
An open question is how the government will obtain new coins. Policymakers have come up with ideas from reevaluating gold certificates to leveraging federal energy assets for on-site mining. Hines denies privileges any single path. “We can do this in many different ways,” he said, emphasizing speed and practicality. “Can we continue to move forward the fastest way, how can we start this accumulation process in the fastest way?”
The government is also trying to strike a balance between blockchain transparency and personal privacy. Hines rejected the idea that cryptocurrency railroads are welcoming toward illegal finance. “It’s a delicate balance, but it’s a balance where we can strike very effectively,” he said, adding that the world will “find the United States”.
As the interview ended, Hines designated the initiative as a domestic necessity and an international competition. He believes that if legislation is passed, strategic bitcoin reserves will begin to accumulate before the end of the year, and he believes: “At that time we will become the crypto capital of the world.” Whether other countries accept this result (or accelerate their sovereign accumulation) now depends on their seriousness in the United States’ declaration of bitcoin as a new battlefield for economic superpowers to measure its influence.
At press time, BTC traded at $95,068.
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