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Gold gains could be key to the government bitcoin game, says Trump Crypto Chief

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Now that Bitcoin’s strategic reserve (SBR) is a formal government policy, its administrators are fighting for ways to build and potentially keep the plan.

With the order to use neutral budget strategies to administer the reservation, BO HIES, executive director of the president of the United States, Donald Trump, suggests using the use of Gold certificates.

Hines shared many creative ideas about possible “neutral budget” forms to buy more bitcoins, and see gold certificates as one of the best options. He added that these certificates have a lower price than real gold, which makes it possible for the United States government to make profits when using them to buy bitcoins.

The Government continues to explore ‘neutral budget’ forms to finance SBR

Trump’s announcement of the Executive order In the cryptographic reserve he found mixed reactions. Although many expected the Government to approve the BTC reserve, many were disappointed with the initial plan not to buy a new bitcoin. Instead, their administrators have the task of taking advantage of digital assets already owned by the government or acquiring new ones through “neutral budget approaches.”

According to HIES, a creative and neutral budget form to finance the acquisition of Bitcoins is to use gold certificates. As invited in the Podcast Crypto in America, the Executive expects potential profits using gold certificates since they are cheaper than real gold. HIES continued to point out the Lummis actwhere Senator Cynthia Lummis suggested to take advantage of the potential of gold certificates.

The price of gold certificates differs from real gold bullion

According to the Bank of the Federal Reserve of St. Louis, all gold certificates are evaluated at their legal price of $ 42.22 per ounce of Troy. In contrast, Spot Gold has more than $ 3K per ounce. In the Bitcoin Law of Senator Lummis 2025, the gold certificates of the Federal Reserve system can finance future purchases.

Bitcoin is now quoted at $ 84,032. Chart: Commercial view

The Lummis bill requires that Fed banks transfer their slope certificates in custody to the Treasury Secretary’s office. Then, the secretary will issue new certificates that reflect the current and fair market value of Gold.

HIES Open to suggestions on how to grow SBR

Hines added that he welcomes additional suggestions and recommendations on how to grow and manage the Bitcoin reserve, provided they are not a burden for taxpayers. He said this is the main intention of Trump’s executive order signed on March 6. HIES is looking to summon a work group between agencies, and request information and suggestions from all.

Currently, the Government has around 207,000 bitcoins that were seized through civil and criminal procedures. With 207K Bitcoin Holdings, the United States has the highest BTC holdings among the nation states.

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