1964: “US Has ‘Countless’ Ways to Bolster Bitcoin Reserve” - Bo Hines

Summary

Podcast Summary: Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News - Episode 1964

Title: US Has ‘Countless’ Ways to Bolster Bitcoin Reserve
Host: Justin Verrengia (JV)
Guest/Highlight: Bo Hines, Executive Director of the White House Crypto Council
Release Date: April 15, 2025

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1. Market Overview

[00:30 - 07:43]

Host JV kicks off the episode with a comprehensive Market Watch, detailing the current state of the cryptocurrency market. As of the live stream, Bitcoin (BTC) is slightly down by 1%, maintaining a level above $84,000. Ethereum (ETH) and XRP are also experiencing corrections, with the overall crypto market capitalization at $2.65 trillion. Key highlights include:

• Bitcoin Dominance: Standing strong at 62.9%, indicating renewed investor confidence.
• Volume: Approximately $72 billion traded in the past 24 hours.
• Top Performers: Despite a general market correction, Ton Coin and Story saw modest gains of 3% each. However, Mantra faced significant losses, shedding 90% of its market value, dropping its market cap from over $5 billion to less than $800 million.

JV notes, “95% of the market is correcting and in the red on the daily charts, but 95% are pumping and in the green on the weekly charts” ([07:00]).

2. Bitcoin Technical Analysis

[06:11 - 07:43]

Collaborating with analyst Laura, JV delves into Bitcoin's price action and technical indicators.

• Current Position: Bitcoin is approaching the $87,000 mark, struggling to reclaim the upward momentum needed to break past previous highs.
• Chart Patterns: Laura highlights a rising wedge formation, suggesting potential resistance hurdles before confirming a bullish trend.
• Price Targets: A bullish scenario envisions Bitcoin reaching $110,000 by late summer, contingent upon breaking through the $97,000 zone.

Laura remarks, “Expect continued ranging between $78,000 to $88,000 for several weeks as the build-up continues” ([06:21]).

3. Bitcoin Adoption by Publicly Listed Firms

[07:43 - 12:25]

A report by Bitwise is dissected, revealing a 16% increase in Bitcoin holdings by publicly listed companies in Q1 2025:

• Total Holdings: Reached approximately 688,000 BTC by the end of Q1, valued at $56.7 billion.
• Notable Purchases:
  • Mingxing Construction Firm: Acquired 833 BTC, boosting its holdings significantly.
  • Rumble: The YouTube alternative platform made its inaugural Bitcoin purchase, initially buying a single BTC in February, which inadvertently doubled its share price in a single trading day.
  • HK Asia Holdings: Invested in Bitcoin for the first time, signaling growing institutional interest.

Laura emphasizes, “If you're a publicly traded company, even adding one Bitcoin can significantly impact your stock price” ([10:38]).

4. Institutional Bitcoin Moves in Japan

[12:25 - 13:53]

The spotlight shifts to Japan, where Tokyo-listed companies are increasingly integrating Bitcoin into their treasury reserves:

• Meta Planet: Purchased an additional 319 BTC, aiming for a portfolio of 10,000 BTC by year-end, currently holding 4,525 BTC valued at nearly $83,000 per BTC.
• Value Creation: Plans to add approximately $700,000 worth of Bitcoin to its balance sheet over four months, bringing total holdings to $2.1 million. This move aligns with a broader trend in Japan, where firms like Remix Point and Nexon are adopting Bitcoin as a strategic asset.

Laura observes, “A trend has taken hold in Japan where companies once cautious are dipping into Bitcoin as a treasury reserve asset” ([13:39]).

5. Political Developments: Trump and Bukele on Bitcoin

[13:27 - 17:00]

JV discusses the recent meeting between former President Donald Trump and El Salvador’s President Nayib Bukele, highlighting the intersection of politics and cryptocurrency:

• El Salvador’s Bitcoin Holdings: Increased to 6,147 BTC as the nation continues its strategic accumulation since adopting Bitcoin as legal tender in 2021.
• Trump-Bukele Talks: Focused on trade and immigration, explicitly excluding Bitcoin from the agenda. However, discussions hint at deeper economic collaborations that could indirectly influence Bitcoin’s global standing.
• Strategic Moves: Following the IMF loan agreement, El Salvador has continued to purchase Bitcoin, defying expectations to reduce public sector involvement with digital assets.

JV notes, “El Salvador continues to purchase Bitcoin practically every day, even after the IMF deal” ([16:50]).

6. U.S. Treasury’s Bitcoin Reserve Initiatives

[17:00 - 25:25]

The episode's centerpiece revolves around Bo Hines' insights on the U.S. government's plans to bolster its Bitcoin reserves:

• Strategic Objectives: The U.S. is exploring multiple avenues to increase its Bitcoin holdings without using taxpayer dollars. Potential methods include:
  • Tariff Revenue: Utilizing proceeds from trade tariffs to fund Bitcoin purchases.
  • Revaluing Gold Certificates: Adjusting the valuation of existing gold certificates (currently undervalued at $43 per ounce against the market price of over $3,200) to generate surplus funds for Bitcoin acquisition.

Bo Hines asserts, “We’re looking at many creative ways, whether it be from tariffs or revaluing the government’s gold certificates” ([20:10]).

• Budget Neutrality: All strategies aim to be budget-neutral, ensuring no additional financial burden on taxpayers.
• Bitcoin as a Global Barometer: Citing a study by Lynn Alden, Bo emphasizes that Bitcoin often aligns with global liquidity trends, moving in sync 83% of the time over 12-month periods.
• Market Predictions: Analysts like Thomas project Bitcoin could surge to $137,000 by Q3 2025, driven by ongoing liquidity injections from the U.S. Treasury.

Laura comments on the strategic approach, “The Bitcoin reserve will initially comprise assets forfeited to the government, allowing for budget-neutral strategies” ([21:55]).

7. Community Insights and Predictions

Throughout the discussion, community sentiment is encouraged, with listeners invited to share their opinions on Bitcoin's potential milestones and the U.S. strategic reserve plans. Notably:

• Bullish Predictions: Some analysts predict a significant upward trajectory for Bitcoin, contingent upon overcoming current resistance levels and maintaining momentum.
• Concerns: Questions arise regarding potential conflicts of interest within the crypto space, especially related to Trump’s involvement with meme coins and other cryptocurrency ventures.

JV reflects, “The question becomes how much will the White House go for in stacking Bitcoin” ([24:56]).

8. Conclusion

The episode underscores a pivotal moment in cryptocurrency adoption, highlighting both corporate and governmental moves towards integrating Bitcoin into strategic reserves. Bo Hines’ revelations suggest a concerted effort by the U.S. government to position Bitcoin as a cornerstone of its financial strategy, potentially reshaping the global cryptocurrency landscape.

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Notable Quotes:

• JV ([06:11]): "Expect continued ranging between $78,000 to $88,000 for several weeks as the build-up continues."
• Laura ([06:21]): "Once we clear the $97,000 zone, the path to $110,000 becomes much more viable by late summer."
• Laura ([10:38]): "If you're a publicly traded company, even adding one Bitcoin can significantly impact your stock price."
• Bo Hines ([20:10]): "We’re looking at many creative ways, whether it be from tariffs or revaluing the government’s gold certificates."
• JV ([24:56]): "The question becomes how much will the White House go for in stacking Bitcoin."

---

Final Thoughts:

Episode 1964 of Crypto News Alerts provides an in-depth analysis of the evolving relationship between major corporations, governments, and Bitcoin. With increasing institutional adoption and strategic governmental initiatives, Bitcoin's role in the global financial ecosystem appears poised for significant expansion. Listeners are encouraged to stay informed and engage with the ongoing developments to navigate the dynamic crypto landscape effectively.

Transcript

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[JV]

Crypto fam to number one daily Bitcoin pod. In today's show, I'll be sharing the latest bitcoin technical analysis. Also, Senator Lummis tells Coindesk that bitcoin's market cap is going to grow to 200 trillion, sending Bitcoin skyrocketing to $9.5 million per coin. She says I don't want to save in dollars. What do we call them folks, by the way? We'll also be discussing Bitcoin held by publicly listed firms climbed 16 here in the first quarter of the year. I've been breaking down this latest report by Bitwise. Also breaking news, Tokyo listed value creation vows to add another 700, 000 to their Bitcoin holdings. That's right, the amount is quite modest, but comes amid a growing trend in Japan of adopting the prelo biddy going up forever Laura as a corporate treasury asset. We'll also be discussing Bitcoin takes the back seat as Trump and Bukele focus on trade and immigration. I'll be giving you all the updates from Bitcoin president as obviously both are bitcoin presidents. I can say now also El Salvador just bought the bitcoin dip while Bukele met with Trump. I'll share with you the proof of work. We also have a advantageous bull prediction of Bitcoin surging to $137,000 by quarter three, possibly if the treasury of the United States continues their liquidity injections. We'll also be discussing the United States has countless ways to bolster their bitcoin reserves. According to Bo Hinds. That's right, the US Is exploring every option to fund America's strategic Bitcoin reserve, according to the White House Crypto Council Executive Director Bo Hinds. We also be taking a look at the overall crypto market. All this plus so much mother freaking more right here in today's show. Yo, what's good Crypto fam? This is first and foremost a video show. So if you want the full premium experience with video, visit my YouTube channel at Crypton News Alerts. Again, that's Crypto News Alerts. Net today is pod number 1964. I'm your host JV. It's April 15th, 2025. It's taco Tuesday apparently. And let's kick this mofo off with our market watch as we do each and every day. Pretty little bitty taking a little breather here today. Currently correcting and in the red down about 1% on the day, maintaining above 84,000 at the time of the live stream. We also have ether in the red. XRP in the bulk of the market. Currently correcting and checking out coin market cap.com the current crypto market cap sits at 2.65 trillion. Bitty market cap just shy of 1.67 trillion. And we have roughly 72 billion worth of volume for the past 24 hours with Bitcoin dominance today coming in at 62.9% ultimately meaning we're back on the rise. Ether dominance stagnated at 7.3%. And check it out, top 100 crypto gainers past 24 hours, believe it or not mantra which got rugged losing 90 of its market value. Nice little bounce back today of 30% but in the grand scheme of thing that's nothing. It's less than a 800 million dollar market cap and just a couple of days ago it was like 5, 6 billion. So still the majority of the market cap has been wiped out. Ton coin up a modest 3% and story up a modest 3%. That's because the majority of the market is correcting and in the and checking out the crypto bubbles. I like to use this just for the visual perspective on the daily here. Safe to say 95 of the market correcting it in the red on the Weekly a good sign. 95 of the market pumping and in the green I dig it. And checking out the monthly here give me a second frog in my throat fart coin up 166 on the month but the majority of the market cracking and in the red and checking out the crypto greed and fear index today at 38 fear, yesterday at 31, last week at 24 and last month a 30 in fear. And checking out the infamous time chain calendar. We're on block number 892562. Today we have 157,438 blocks into the having of 2028 and we got a divine omen. 1188 sats per dollar and 1111, you already know eight eights intelligent infinity and 11 is a divine omen. Combine the two and you can currently exchange one fiat monopoly dollar for 11 so put down the gats, pick up some stats and pick up some bitcoin caps for my man sergio [e-mail] in fact it's now 421. That's a blackjack. So let's dive into our TA astrology for the broskis and shout out to the bitty baddies holding it down. Headline reads Bitcoin Trader Dows Breakout Significance of the Bitcoin Price Nears87,000 and I Promise I'll pull up the live charts here shortly. This chart is the one hour and you can see where we're currently at here. Trading view showed bitcoin seeking to break 86 continue strength through the weekend. Set up the US deep bitcoin pair for an attack on levels closer to 90. These absent since early March. We were hoping to recover to 90 but we're struggling to get back above Concerns over the macroeconomic volatility with the US trade war at its center nonetheless kept market participants from calling an end to the Bitcoin bull market correction, quitting them here. It's funny watching sentiment shift so quickly. Just days ago everyone was calling for 50. Now we're rushing to flip bullish. I don't know who was calling for 50, but I digress. This emotional roller coaster is exactly why most traders lose money. While short term momentum appears bullish, we still face multiple resistance hurdles before confirming.

[Laura]

The correction is finito complete. Yo and you already know Stock money Lizards what a username Lizard folk saw range bound Bitcoin price action continuing prior.

[JV]

To the retest of the most significant.

[Laura]

Longer term resistance nearer to 100 GS. My outlook remains cautiously optimistic. Expect continued ranging between 78 to 88 for several weeks as the B builds energy for the next move. Once we clear the 97 zone, the path to 110/ becomes much more viable by late summer. Let me know if you agree Disagree with the analyst Now a key topic of conversation amongst the traders is the bitty price breakthrough attempt focusing on the multi month downward trend line. We have an analyst quoting them here alongside the chart. If the higher high is successful, which is likely in my opinion, then it can retrace for a higher low anywhere above the low before it runs to the wedge target of above 100g. So my question for you when do you feel will likely recapture the infamous 100k milestone six figures? Let me know. And in other news, Senator Lummis tells CoinDesk Bitcoin's market cap is going to grow to 200 trillion. And just keep in mind the total addressable market of the world is like 900 trillion. So that's like probably like a fourth of all the money in the world flowing into bitcoin. Sending bitcoin parabolic to nine and a half million per coin. And she reminds us I don't want to save in dollars. So I asked the question, what do we call them folks that like to save the fiat currency of the bank? Let me know and we'll pull up some of the live charts. Family Lamb and again welcome everyone joining us 600 people on the live stream.

[JV]

Let's see here, let me pull up for you guys. Live chart action Jackson Satisfaction 10 minute. We do have a bear scenario sitting at just shy of 80g which is about a $4,000 down scenario from the current price action. Looking at the hourly this via trading view via coinbase. We do have a rising wedgie formation. We do have a bull scenario at 88,000. Roughly a $4,000 jump from the current price action bear scenario on the hourly chart at 786. Zooming out a little further, taking a look at the four our the Quattro Aurora. Here you go. You can see here unfortunately we drop from that, what is it rectangle position and obviously we're dropping right now in real time. You can see on the 4 hour chart past 812 hours have been bearish unfortunately and we do have some bear scenarios sitting at around $73,000 and 69 in that range. And zooming out a little further we take a look at a daily. As you can see red candle formed on the day yesterday was a green candle close the day before that was red. The day before that green. It's red, green, red, green, red, green. We do have a bull red scenario just shy of 112000 which would take us back to price discovery and we haven't achieved a price discovery all time high since January. It was actually on Inauguration Day Jan.20. And checking out the weekly. Finally we had a green weekly candle close which is good and bullish. And here we are, you know, trying to maintain the bullishness and continue marching north to 90000 level. Currently struggling to do so. Cup at 124,000 on the weekly chart. Zooming out a little further we take a quick look at a monthly and as you can see, I, I mean I hope we resume the bullish momentum since January but we shall soon see 800 people already on the live stream. So let's transition to our next story of the day regarding some bitcoin adoption. Uh, headline here reads Bitcoin held by publicly listed firms climbed 16% in the first quarter according to this report by Bitwise. That's right. Total company Bitcoin holdings rose to around 688,000 BTC by the end of the first quarter, with firms adding 95,431 BTC over the quarter. The value of the combined bitcoin stacks rose around 2.2%, reaching a total combined value of 56.7 billion with a price per Bitcoin of 82, $445 is outlined right here. The total value of The Bitcoin holdings 57 billion. So yeah, bitwise noted that the number of the public companies holding Bitcoin rose to 70 firms buying crypto for the first time here in the first quarter. Well, I guess last quarter was first quarter, but nonetheless this year the largest firsttime bitcoin buyer was the Hong Kong.

[Laura]

Construction firm Mingxing, whose subsidiary Lead Benefit.

[JV]

Bought a total of 833 bitcoin over the quarter, with an initial 500 bitcoin buy in January and a follow up 333 bitcoin buy in February. The greatest month of the year, I might add. The next largest maiden bitcoin holder was a far right favored YouTube alternative rumble. Did the censor the uncensored video platform shout out to our Rumble fam. For those that don't know, we do stream live on YouTube x and rumble for obvious reasons. One notable debut bitcoin buyer was a.

[Laura]

Hong Kong investment firm, HK Asia holdings.

[JV]

Limited which only purchased a single bitcoin in February. But the announcement caused its share price.

[Laura]

To nearly double in value in a single trading day. So if you're a publicly traded company just by adding making an announcement of adding bitcoin to the balance sheet, even if it's only one bitcoin, could most likely increase your stock price. Pretty wild. You may want to think about that. Meanwhile, Japanese investment for Meta Planet said in an April 14 note it purchased another 319 bitcoin for an average price of almost 12 million yen, which is just shy of 83,000usd per biddy, bringing its total holdings now to 4525 bitcoin. And I know their goal is to have like 10,000 bitcoin before the end of the year. However, the company has spent 58 billion yen, which is 406 million, buying its current bitcoin stack. That's almost a half a billion worth bitcoin purchases. Meta Planet was down a half a percent by the April 15 lunch break, which is today of the Tokyo Stock Exchange. After closing April 14th up almost 4%, the Tokyo based firm's latest bitcoin buy puts it firmly in 10th place amongst the world's largest public companies holding bitcoin, selling behind Jack Dorsey's block which holds 8485 BTC. So there you have it.

[JV]

Next story of the day. Headline reads Tokyo listed value creation vows to add another 700000 to the Bitcoin holdings. Yeah, what to know. Value creation plans to add 100 million yen which is roughly 700000 worth of Bitcoin to its balance sheet over the next four months. So this is a company to do so. The move would bring the firm's total holdings to 300 million yen, which is roughly 2.1 million USD. The rather modest accumulation comes amid the growing institutional interest in bitcoin across Japan. And we were just talking about Meta Planet. Their goal is to have 10,000 bitcoin and they're well on their way halfway there. But this is a different company, a value creation. A Tokyo listed logistics tech Firm expects to add 700000 worth of Bitcoin to the balance sheet over the next four months. The firm had previously purchased 1.4 million worth of Bitcoin. So they're already bitcoin hod there and they're going to continue in their strategy. This fund comes from surplus capital earmarked for future investments according to the company. Value Creations move is a tiny one.

[Laura]

But isn't happening in isolation. A trend has taken hold in Japan where companies once cautious are dipping into the prelo bitty as a treasury reserve asset.

[JV]

Several firms of the country have adopted.

[Laura]

Bitcoin with energy firm Remix Point, Nexon and Meta Planet most popular amongst them all. Meta Planet is the largest Japanese corporate holder currently with over 4,500Btz on a balance sheet. And if you don't know now you know.

[JV]

Well, guess I'm from the tariff revenue. They can use that to buy the bitcoin. That's one of the ways, as long as it's net neutral they can acquire the bitcoin with it. But yeah, next story. Here's the latest from Trump and Bukele and first we'll start here. El Salvador bought more bitcoin While President Bukele met with Trump yesterday. As you can see, El Salvador's bitcoin holdings are now 6147. They've been accumulating bitcoin since they adopted bitcoin as legal tender back in 2021. And as you can see this headline, bitcoin takes backseat as Trump and Buell.

[Laura]

Focus on trade and immigration.

[JV]

That's right. Let me know if you guys watch some of the highlights from this. President Trump hosted El Salvador's president Buel at the White House yesterday with talks centered on trade and immigration, excluding bitcoin from the public agenda. Pressing issues of migration, bilateral security cooperation set the tone for Bukele's first official meeting at the White House during Trump's second term. And according to the live stream by Bukele's office, Trump raised the possibility of transferring US citizens convicted of crimes to prisons in El Salvador. Urgent Bukele to expand the country's prison system to house more prisoners. I said homegrowns are next. The homegrowns you got to build about five more places, says Trump to Buell now. Since taking office, the Trump admin deported hundreds of alleged foreign criminal individuals to El Salvador under a $6 million deal between the countries. Trump also addressed the ongoing trade war unleashed by his administration April 2, suggesting a potential temporary exemption for automakers aimed at easing the transition of their supply chains. Quoting them here I am looking at something to help some of the car companies with it, Trump told reporters present at the meeting, adding that the U S auto industry needs a little bit of time to relocate production to the country. The meeting did not touch on digital assets or bitcoin. Unfortunately, El Salvador adopted bitcoin as, you know, legal tender in 2021, the first country to do so had. Hence they'll forever be bitcoin country. Pioneering the bitcoin strategic reserve approach later following by Trump or followed by Trump, the U S president positioned himself as a pro crypto candidate during this election and on March 6th Trump signed the infamous executive order creating the bitcoin strategic reserve as well as the digital asset stockpile in the United States. The U s currently holds roughly 198000 Bitcoin valid at 17 billion as of March. But do note a good chunk of that practically half of it belongs to like Bitfinex so they chop that in half. Now El Salvador signed off in a December 1.4 billion loan agreement with the IMF which we all know, which included commitments to unwind bitcoin related initiatives reducing the public sector involvement with digital assets. And while the Salvadoran congress amended its bitcoin laws in January to comply with the deal, the government has continued to purchase the bitcoin currently holding 6147 BTC. And again they continue to purchase Bitcoin practically every day. One Bitcoin a day and there you have it yo. And in fact, since striking the deal with the imf, they've actually beefed that up, purchasing even more than they were.

[Laura]

Prior to the recent deal of 1.4 billion.

[JV]

But there you have it yo. Let me know your thoughts with the.

[Laura]

Trump and Bukele Bitcoin Presidents uniting Next.

[JV]

Story Headline here reads Bitcoin surged to 137. 00 the third quarter possible if US treasury continues their liquidity injections that's right, the US treasury injected a half a trillion dollars into financial markets since February by drawing liquidity from the treasury general account funding government operations after the 36 trillion debt ceiling was hit January 2, 2025. Macroeconomic Financial Analyst Thomas said that this liquidity surge boosted the net Federal reserve liquidity to 6.3 trillion and support Bitcoin's price for the future even though the risk assets reflected minimal growth thus far. The TGA represents the government's checking account.

[Laura]

At the Fed holding capital for daily operations like paying bills or collecting taxes. A decrease of the TGA capital means the balance has been deployed into the broader economy, boosting available cash for the markets. Thomas explained that the TGA drawdown commenced.

[JV]

On February 12th following the exhaustion of.

[Laura]

Extraordinary measures after the debt ceiling was reached breach, the TGA balance dropped from 842 to roughly $342 billion, releasing liquidity into the system and targeted liquidity expected a rise to 600 billion by the end of this month of April. The analyst added that the current tax season will temporarily drain liquidity, but the drawdowns expected to resume in May. So if the debt ceilings extends to August, net liquidity can hit a multi year high of 6.6 trillion which can cause a bullish tailwind for the pre little bitty going up forever. Laura so as you can see the bitcoin correl with the global liquidity as per this chart by Lynn Alden According to a study by Lynn, Bitcoin has historically moved 83% of the time in line with the global liquidity in a given 12 month period. The research term Bitcoin a global liquidity barometer compared Bitcoin to the other major asset classes such as the spx, Gold and VT as a pre l biddy top correlation index with the respect to the global liquidity. So let's dive into the this forecast here. Anonymous Crypto trader titan of Crypto shared a bullish outlook for the prelo biddy predicting the bitty concerns to a new all time high of 137G's baby by July to August of this year. Let me know if you agree disagree with the analyst. Here's a breakout formation sensation on the chart Bullish pennant shared by titan of crypto. But just do note before pushing your chips into a long conviction play. Bitcoin must break and retain a position above the 200 day exponential moving average as illustrated here in the chart chart. Bitcoin faces resistance from all key exponential moving averages, namely the 50 day, 100 day and 200 day indicators. A collective reclaim from each moving average on a higher time frame chart could further strengthen the bull case allowing the crypto to retest its six figure targets and we don't know. Now you know. There you have it yo.

[JV]

Now for our feature story of the day. The United States has countless ways to bolster their bitcoin reserve. According to the White House Crypto Council executive himself, Bo Hinds.

[Laura]

That's right.

[JV]

And as they once said in the.

[Laura]

90S Bo no sports.

[JV]

Remember good old Bo Jackson back in the good old days. I know my broskis do. The US is exploring many ways to increase its bitcoin reserve without taxpayer dollars which is the key, including through tariff revenue and revaluing the government's gold certificates. Dump the gold derivatives please and trade.

[Laura]

It for the most hardest asset in human existence. Yes please.

[JV]

According to the executive director of the Trump administration Crypto council quoting them here.

[Laura]

We'Re looking at many creative ways, whether.

[JV]

It be from tariffs.

[Laura]

There's literally countless ways like the Ethereum max supply. There's infinite ways in which you can do this.

[JV]

Bohain said. I agree 100 and that was in a recent interview he did with Mr. Pumpliano, the CEO of Capital Management. Man, let's go Mine said the treasury could revalue its gold Certificates valid at $43 per ounce. Ain't that crazy? There's gold certificates which is pretty much gold IOUs, gold derivatives and they're only valid at $43 per ounce when an ounce of gold is going for now more than 3,200 per ounce, creating a paper surplus to fund the bitcoin purchases without selling the gold. Can you say gold manipulation? You got to keep them manipulated. Quitting them here everything is on the.

[Laura]

Table and like we have said, we.

[JV]

Want as much as we can get.

[Laura]

So we are going to make sure that no stone is unturned.

[JV]

I repeat, they want as much bitcoin as they can get. And they're going to go by any means necessary to figure out these infinite ways, whether it's gold certificates or these tariffs. But they're going to acquire as much bitcoin as possible according to Bow Hinds. So respect to Pompliano for put together this interview. The Bitcoin reserve will initially comprise assets.

[Laura]

As we know forfeited to the government.

[JV]

Criminal gazes but allow for the government to develop budget neutral strategies. That's the key word.

[Laura]

As long as it's a budget neutral strategy for acquiring the additional bitcoin, they're allowed to do it according to the executive order.

[JV]

And during the interview Bo Hines said White House is also developing a digital.

[Laura]

Why don't they rename the White House to the Orange House? I mean we got an orange president bitcoin orange.

[JV]

Why not Just thought framework outlining how the U S plans to support the crypto innovation promote the US dollar stable coins worldwide.

[Laura]

Quoting them again, I'll provide clarity on.

[JV]

Many of the aspects of the space.

[Laura]

Whether it be from tokenization to staking all sorts of the things hindsight adding that the Trump administration has been moving rapidly to make America the crypto capital of the world. We're moving at tech speed. It's like we're a startup in this building. We'll continue moving this along quite quickly.

[JV]

The report Heinz referred to is expected.

[Laura]

To be published late July or August. Heinz wasn't asked to address how much.

[JV]

Potential conflicts of interest of the crypto.

[Laura]

Space including the controversial official Trump meme coin and the Trump family business venture we know as World Liberty Financial which has been raised by the opposition party. Quoting Predator I watched the interview in full pump did not ask about number one how much bitcoin the U S government owns the internal audit which we're all awaiting that Trump Admin told us that should have already been completed and number two Donald Trump's growing list of let this load up cryptocurrency space including Trump coin, Melania coin, WL5, Meta Planet, USD1 finance etc number three Bohain's involvement in the RTR pump and the dump scheme and the donations behind received from FTX executives. I wasn't even familiar with all this. Good lord. Definitely need to address that. Number five the Trump family business's closeness with Justin's son. I didn't even know that one CZ and various other controversial figures like whether there is a quid pro quo happening. What is that quid pro quo? Is there quid pro quo happening amongst them? What are your thoughts? Broski's do clue me in. Last month, House representative Gerald Connelly referred to the Trump token as a money grant app. I have to agree with that. That resulted in Trump link entities cashing in on over 100 million worth of the trading fees. Did they? Was that necessary? Trump Representative Maxine Waters, everyone's least favorite individual on the planet, also criticized Trump's meme coin January 20, referring to a rug pull. Why? Claiming the launch represented the worst of crypto. I dare say the hawk tool launch was a little worse, but same basket. The White House AI and crypto czar Mr. David Sachs said the Trump mean coin was nothing more than a collectible. How are we? Come on now, guys. It's, it's, it's a beanie baby. Apparently, Heinz also wasn't asked whether the U. S completed an internal audit of the bitcoin holdings, a task that was supposed to be completed within 30 days of Trump executive order. Establish a strategy bitcoin reserve which we're all waiting upon. But what are your thoughts?

[JV]

I do think that the White House will be stacking a lot of bitcoin. The question becomes how much will they go for? Michael Saylor and Max Geyser are proposing for the Trump admin to to purchase up to 5 million, which would be 25 of the Bitcoin supply. Cynthia Lummis's bill is suggesting purchasing a minimal of 1 million bitcoin, which is roughly 5% of the supply.

[Laura]

But you guys let me know your.

[JV]

Thoughts regarding bitcoin adoption for the United States strategic reserve.

[Laura]

Holla.

[JV]

And I'll read your comments out loud. Welcome everyone to the Q A segment.

[Laura]

Of the live stream.

[JV]

I'm gonna stick around for a bonus hour and yeah, we'll kick it. We'll kick it fam day off today I had to train my own right on. You can just feel we're about to roar 2024 dragons. Speaking of roaring, here's a song called.

[Laura]

Dragon Ro.

[Sergio]

They flew through the fud.

[Laura]

They knew they were luna bound they.

[Sergio]

Played in and slung a little mud what they did was have each other six and spit out the bitcoin sound they spread hope with their dragon fam Singing Diddy jammy jams Working with their fifth lev G Dragon family JVC and Nate family hoddle gang dragon so legendary.

[JV]

They flew through wars and shout out to the hodl gang where you at?

[Laura]

For those that don't know one of.

[JV]

The many ways to support us, for those in a position to do so for less than 10 cents a day, it's I think 2.97amonth you can become a member of the HODL gang which is simply a membership on the channel. And you're going to notice everyone with their name in green with a loyalty badge which is a star with different colors next to their name. These are members of the channel supporting us here on the tube. So I want to thank everyone who is supporting us in that way. If you're not in a position to support us through the memberships, you can still support us just by watching the stream as you are apparently. Repost the stream comment quote subscribe to the channel, spread the word. It's greatly appreciated. That's how we hack the algorithm. We are the resistance Political storm Satoshi.

[Sergio]

Arm fire breathing champion and thank you.

[JV]

For the reminder stream labs Remember to smile. God loves you and Satoshi blesses you.

[Sergio]

The of the bitcoin sharing the message Lighting bitcoin flames fire breathing truth preaching fighting for financial hope and currency change.

[Laura]

New music lit words so only a dragon can spit.

[JV]

Yeah, it's like a way to get people to use bitcoin and make it worthwhile to them. 10 discount is nothing to sneeze at in the current economy. Precisely.

[Laura]

Agreed.

[JV]

Shout out the Oracle. She just gifted five memberships of the channel and these are micro strategy memberships which are superior to the Hollow gang membership. Just FYI. I believe micro strategy memberships are $4.97 a pop. So she just just blessed you guys. Shout out to Andy Markowitz, Locksky, Ralph.

[Laura]

Debo and J. Dibs.

[JV]

Have you all been blessed and hooked.

[Laura]

Up with a micro strategy membership of.

[JV]

The channel on behalf of our very own Oracle. So show our Oracle some love and make sure you're following her on X. It's a must.

[Laura]

J.C. iCE ICE baby.

[JV]

And always feel free to drop your.

[Laura]

X next link in the chat.

[JV]

We appreciate that this gong strikes for.

[Laura]

All the new members and for JC.

[JV]

Which is our Oracle.

[Sergio]

Not only a dragon could spit lit lit rip rip lit rip rip. Fiat was burning in.

[JV]

Bitcoin was on fire.

[Sergio]

Ok way high kind of delight doing dung moon just a pit stop. But they had to be patient. The Bitcoin dragon team isn't weak. They're not greedy. They are unique. They're not sheep.

[JV]

Dragons aren't sheep.

[Sergio]

Da da ditty doing doink so they knew they weren't done with their work. No time to take a vacay. But soon they did pause to applaud the 100k Puerto Rico bound the dragon wings rested and they were taking it easy on a private jeto Rico. Then they got you. Can't stall or tame a bitcoin dragon. Name number 10 Mountainburg dragon. Whenever back down a CNA dragon will always stand its ground breathing fire to.

[JV]

Protect the house the Hodl House.

[Sergio]

These dragons were given the gift of a flame meant to light the world orange. Painting a brighter picture with the bitcoin vision. Oh dragon, dragon.

[JV]

Never underestimate a bitcoin dragons God guide.

[Sergio]

Passion or its loyalty to humanity and satoshi. Dragons, dragons, dragons. Our flame is your light burning bright on fire Guiding you to the bitcoin truth. The Satoshi lights.

[JV]

My favorite part coming up.

[Sergio]

2024. Year of the dragon. Hear it roar. Bitcoin hear it roar. Dragons hear them roar. Gang hear the roar. Peanut Fred, hear the candy tan hear a roar. Paper hear a roar. Jamie hear a roar. Nipsey hear a roar. Fiana family, hear them more Satoshi here and more Ross hearing more. Bitcoin kids hear them roar. Wise owls hear them warn. Bitcoin. Watch it soar.

[JV]

Soar, soar.

[Sergio]

Ding ding. We've won this war. 2024.

[JV]

We don't slay dragons.

[Sergio]

We are dragons that slay.

[JV]

It's the bitcoin way.

[Sergio]

It's the bitcoin slang. It's the bitcoin play. Do yourself a favor. Listen to what we say.

[JV]

And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q and A. And I look forward to seeing you on tomorrow's episode. Hoddle.