{"id":24554,"date":"2025-04-30T16:01:41","date_gmt":"2025-04-30T16:01:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24554"},"modified":"2025-04-30T16:01:41","modified_gmt":"2025-04-30T16:01:41","slug":"bitcoin-becomes-new-space-race-between-nations-says-white-house","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24554","title":{"rendered":"Bitcoin Becomes New \u2018Space Race\u2019 Between Nations, Says White House"},"content":{"rendered":"
\n

The White House has explicitly framed Bitcoin accumulation as a geopolitical imperative, likening it to a 21st-century \u201cspace race.\u201d In an exclusive interview recorded inside the Eisenhower Executive Office Building, Bo Hines, Executive Director of the President\u2019s Council on Digital Assets, spoke with Bitcoin Magazine political correspondent Frank Corva and Riot Platforms head of policy (and former White House deputy communications director) Brian Morgenstern.<\/p>\n

Hines framed the administration\u2019s first 100 days as a deliberate reversal of the \u201clawfare\u201d that had hounded the crypto sector. \u201cThe President made promises on the campaign trail,\u201d Hines said at the outset, \u201cand he\u2019s delivered on many of those promises thus far, but we still have quite a bit of work to do.\u201d<\/p>\n

The Bitcoin \u2018Space Race\u2019<\/h2>\n

Central to that is the launch of a Strategic Bitcoin Reserve (SBR) and a broader Digital Assets National Stockpile. The goal, Hines explained, is to secure as much of the digital gold as fiscal prudence permits. \u201cWe recognize bitcoin as being unique and we\u2019ve said repeatedly that we view Bitcoin as digital gold,\u201d he said.<\/p>\n

When asked how much bitcoin the United States hopes to amass, Hines dismissed the premise: \u201cThat\u2019s a silly question. That\u2019s like asking any country how much you want of any asset with intrinsic stored value. You want as much as you can<\/a> possibly accumulate.\u201d Statutory language requires all accumulation to be budget-neutral<\/a>, but Hines voiced confidence that \u201chigh-IQ people in this administration, specifically over at Treasury and Commerce,\u201d will \u201ccome up with extremely creative ways for us to accumulate.\u201d<\/p>\n

That intent is animated by an explicitly geopolitical lens. \u201cThere is definitely a sort of space race as it pertains to accumulation of this asset,\u201d Hines said. \u201cWe\u2019ve positioned ourselves to be the bitcoin superpower of the world.\u201d The analogy to the twentieth-century contest for extraterrestrial dominance recurred throughout the conversation; in the administration\u2019s view, hash rate, custody competence and sovereign reserves may soon count as strongly as launch pads once did.<\/p>\n

Hines credited much of the early velocity to what he called a deliberate infusion of private-sector talent into government. David Sacks<\/a>, named both AI and \u201ccrypto czar,\u201d was singled out for lending the expertise of Silicon Valley venture capital to federal decision-making. \u201cWe\u2019re finally testing the hypothesis\u2026 what happens when you take a bunch of private-sector actors who have been successful and inject them into government?\u201d Hines said, arguing that three months of regulatory reversals and policy construction already vindicate the experiment.<\/p>\n

The White House\u2019s demolition-construction-implementation roadmap is aggressive. Stage one\u2014removing \u201cburdensome regulations that really stifled innovation\u201d\u2014is already under way with lawsuits dropped by the Securities and Exchange Commission and new banking guidance designed to make the United States, in Hines\u2019s words, \u201cthe most pro-crypto-friendly environment that possibly exists in the world.\u201d<\/p>\n

Stage two entails shepherding both stablecoin and market-structure bills through Congress. \u201cWe want to make sure we deliver on the President\u2019s wishes to get both pieces of legislation on his desk before August recess,\u201d Hines declared, predicting bipartisan passage. Stage three, scheduled to begin once a statutory framework exists, will integrate blockchain rails into conventional payments\u2014an overhaul Hines said could become the signature achievement of the President\u2019s second term.<\/p>\n

Open Questions<\/h2>\n

That timetable is undergirded by a 180-day inter-agency report mandated by the executive order,<\/a> meant to articulate how federal departments will operate under the forthcoming legal architecture. Treasury has already audited existing government-held Bitcoin (deadline was April 5); Hines said every relevant agency \u201chas been extremely cooperative in producing what they have,\u201d with consolidation now in progress.<\/p>\n

One open question is how the government will acquire new coins. Policymakers have floated ideas ranging from revaluing gold certificates to leveraging federal energy assets for on-site mining. Hines declined to privilege any single path. \u201cWe can do this in numerous different ways,\u201d he said, emphasizing speed and practicality. \u201cWhat can we move on in the quickest fashion, and how can we start this accumulation process in the most expeditious manner possible?\u201d<\/p>\n

The administration is also trying to strike a balance between blockchain transparency and individual privacy. Hines rejected the notion that crypto rails are uniquely hospitable to illicit finance\u2014\u201cYou\u2019re a pretty dumb criminal if you want to use digital assets to do something nefarious, because that can be traced publicly\u201d\u2014while acknowledging the importance of self-custody and anonymity for lawful users. \u201cIt is a delicate balance, but it\u2019s one that we can strike very effectively,\u201d he said, adding that the world will \u201clook to the US\u201d for precedent.<\/p>\n

As the interview concluded, Hines framed the initiative as both domestic necessity and international contest. If legislation passes and the Strategic Bitcoin Reserve begins accumulating before year\u2019s end, he argued, \u201cwe will be the crypto capital of the world at that point.\u201d Whether other nations accept that outcome\u2014or accelerate their own sovereign accumulation\u2014now depends on how seriously they take the United States\u2019 declaration that Bitcoin is the new battlefield where economic superpowers measure their reach.<\/p>\n

At press time, BTC traded at $95,068.<\/p>\n

\"Bitcoin<\/div>\n","protected":false},"excerpt":{"rendered":"

The White House has explicitly framed Bitcoin accumulation as a geopolitical imperative, likening it to a 21st-century \u201cspace race.\u201d In an exclusive interview recorded inside the Eisenhower Executive Office Building, Bo Hines, Executive Director of the President\u2019s Council on Digital Assets, spoke with Bitcoin Magazine political correspondent Frank Corva and Riot Platforms head of policy […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24554","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24554"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24554\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}