White House Cryptocurrency Advisor: "U.S. Should Buy as Much Bitcoin as Possible"

Bo Hines, Chairman of the White House Cryptocurrency Advisory Committee, expressed that the U.S. government should buy as much Bitcoin (BTC) as possible.

According to Cointelegraph on the 15th (local time), Bo Hines, Chairman of the White House Cryptocurrency Advisory Committee, stated, "I hope the U.S. government purchases more than 1 million BTC and as much Bitcoin as possible," adding, "Frankly, I wish the government would stockpile an infinite amount of Bitcoin."

He continued, "The question of how much Bitcoin the government should hold is similar to the question of how much gold a country should hold," and "There is no clear limit to the government's Bitcoin holdings. If an asset has intrinsic value, it is desirable to secure as much as possible, and Bitcoin is such an asset."