#AirdropSafetyGuide
Boo Hines stated: The race for Bitcoin is on and the United States is striving to win it
Boo Hines, White House advisor on cryptocurrency affairs, announced that the United States is engaged in a global race to acquire Bitcoin and aims to lead it as the upcoming superpower in the world.
In an interview with Bitcoin Magazine, Hines described Bitcoin as "digital gold," confirming that the administration is seeking to build a strategic reserve of it using budget-neutral acquisition strategies, focusing on speed and scalability.
Hines pointed out that Bitcoin, due to its scarcity and decentralized technology, holds a unique status that justifies swift action to avoid being outpaced by other countries, emphasizing that the government already possesses a national stockpile of digital assets and is pushing for innovation in this sector.
He stressed that the administration is not following a single path but is exploring multiple options to determine the optimal approach.
While discussing the administration's achievements in the first 100 days, Hines mentioned the signing of a comprehensive executive order that ended "Checkpoint 2.0" and led to the easing of regulatory restrictions on cryptocurrency companies, in addition to the Securities and Exchange Commission backing down from legal actions.
He clarified that the White House is working on presenting legislation to regulate stablecoins and the market structure before the August holiday
