A senior White House official has hinted at the possibility of the U.S. utilizing its gold reserves to acquire more Bitcoin (CRYPTO: BTC). What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, ...
  • tal@lemmy.todayEnglish
    31·
    7 months ago

    What Happened: Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, suggested in an interview that the U.S. could capitalize on the gains from its gold holdings to purchase more Bitcoin.

    https://en.wikipedia.org/wiki/Bo_Hines

    Robert “Bo” Hines (born August 29, 1995) is an American former college football player from North Carolina. He played college football for the NC State Wolfpack and Yale Bulldogs. In 2022, he was the Republican nominee in North Carolina’s 13th congressional district.

    Call me a traditionalist, but it seems to me that if you’re going to be advising the President on digital assets, it’d be nice to have an economics background.

    • Billiam@lemmy.world
      15·
      7 months ago

      Call me a traditionalist, but it seems to me that if you’re going to be advising the President on digital assets, it’d be nice to have an economics background.

      None of the rest of Trump’s cabinet have any qualifications, so why should this guy?

    • Maggoty@lemmy.world
      8·
      7 months ago

      Just to add, he is a lawyer. He did politics to law pipeline. And yeah there’s typically no economic requirement to that like there would be with other political science paths.