Tariff Surplus Should be Funneled into Bitcoin Strategic Reserve — Adam Livingston

The US authorities can buy extra Bitcoin (BTC) for the US strategic reserve via funneling parts of the tariff receipt surplus into BTC acquisitions, in response to Adam Livingston, creator of “The Bitcoin Age and The Nice Harvest.”

Livingston proposed taking a portion of the surpluses generated by trade tariffs each month and funneling that into safe, chilly storage BTC that’s not traded, staked, offered, rehypothecated, used to fund applications or safe loans, or lent out for yield. He mentioned:

“As of July, we have collected $135.7 billion in customs duties — double final yr’s tempo. Let me repeat that we’re sitting on a $70 billion surplus from tariffs, and we have not even completed the fiscal yr.”

That Surplus is unallocated. It is not pre-spent. It is not tied to Medicare, entitlements, or debt service. It is simply floating, ready, on the lookout for a productive use case, ” Livingston continued.

The proposal to fund the US Bitcoin strategic reserve with the tariff surplus could possibly be a path for the federal government to purchase extra BTC beneath US President Trump’s government order, stipulating that further BTC can solely be acquired via budget-neutral strategies. 

Associated: White House crypto report a mixed bag for Bitcoin advocates

US Treasury Secretary sends blended alerts on strategic reserve

Scott Bessent, secretary of the USA Treasury Division, mentioned on Thursday that the US authorities would not be buying any new BTC for the strategic reserve

“We’re not going to be shopping for that, however we’re going to use confiscated property and proceed to construct that up,” Bessent told Fox Enterprise.