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US Must Move Fast on Bitcoin or Risk Falling Behind, Says Bo Hines

Published 15 April 2025
Prashant Jha
Authors
Edited by Insha Zia

Key Takeaways

  • Bo Hines said the U.S. must act fast on its Bitcoin reserve policy.
  • Hines wants the government to hoard an “infinite” amount of Bitcoin.
  • He emphasized the Trump administration’s commitment to making America the crypto capital.

The United States should accumulate as much Bitcoin (BTC) as possible to maintain its global leadership, according to Bo Hines, head of the Presidential Digital Asset Advisory Committee.

In an interview with Anthony Pompliano, Hines said the U.S. must move quickly to implement its Bitcoin reserve policy or risk falling behind other nations.

He also affirmed President Donald Trump’s commitment to making America the global leader in Bitcoin and digital assets.

“I Want It to Be Infinite,” Hines Says

When asked about a target figure for Bitcoin reserves, Hines didn’t mince words.

“I’ve heard a lot of different senators and other folks on the Hill talk about specific numbers,” he said. “But you know, I’d like them to be infinite. I want as much as we can accumulate. Anything else with an intrinsic store of value—you want as much as you can possibly accumulate. It’s no different with Bitcoin.”

Hines praised Trump as the “Bitcoin and pro-crypto president” and said the administration is already working to fulfill its campaign promises by initiating policy frameworks and forming task forces.

He pointed to the newly formed crypto working committee, which was given deadlines to offer regulatory clarity on digital assets.

U.S. Leads, Others Watch Closely

The U.S. may be the first major power to declare Bitcoin as a strategic asset, but other countries are preparing to follow. Hines confirmed that while some nations have rejected the idea in the past, the tide is turning.

Japan, for example, had previously dismissed the concept of a national Bitcoin reserve. Russia, too, was hesitant—until recently. According to Hines, Russia is now weighing its own reserve model using confiscated digital assets, potentially mirroring the U.S. approach.

Still, Hines made it clear that America’s focus isn’t on what others are doing.

“We owe it to the American people to deliver to them first,” he said. “I’m sure other countries will be chasing us as we continue to push forward and welcome this technological innovation. I think you’ll see other world leaders follow suit very quickly.”

Prashant Jha

Prashant Jha is a seasoned crypto journalist based in Delhi, India, with a Bachelor’s Degree in Computer Science Engineering. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism.

His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts.

Beyond his professional pursuits, Prashant is an avid music enthusiast, often exploring diverse genres to unwind. A sports lover, he has a particular passion for cricket and frequently engages in discussions about the game. His multifaceted interests and sharp journalistic instincts make him a valuable contributor to CCN, where he continues shaping the crypto landscape's narrative.

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