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Funding Bitcoin: Budget-neutral strategies for US to acquire BTC

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 96 Views

Budget-neutral strategies require that assets be purchased without using additional taxpayer dollars to fund acquisitions.

US President Donald Trump’s executive order establishing a strategic Bitcoin (BTC) reserve called for a budget-neutral strategy to acquire more coins, which includes adding more BTC through asset forfeitures and possibly converting other reserve assets to the cryptocurrency.

The US government maintains strategic reserves covering a range of assets and commodities, including gold, petroleum, natural gas, foreign currency, medicine, land, critical rare-earth minerals and even cheese.

The most liquid of these strategic reserve assets are petroleum, gold and foreign currency.

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