logo
#

Latest news with #TheBitcoinBondCompany

U.S. needs to audit its Bitcoin and start buying more, says Bitcoin Bond CEO
U.S. needs to audit its Bitcoin and start buying more, says Bitcoin Bond CEO

Yahoo

time11-04-2025

  • Business
  • Yahoo

U.S. needs to audit its Bitcoin and start buying more, says Bitcoin Bond CEO

Pierre Rochard, CEO of The Bitcoin Bond Company and Steward of Catholic Bitcoiners says the United States needs to get serious about Bitcoin — starting with a full audit of how much BTC the government actually owns. Speaking with Scott Melker on TheStreet Roundtable, Rochard said the U.S. must treat Bitcoin like a strategic asset, adding, 'To my knowledge, I was the first person to come up with the term of a strategic Bitcoin reserve… back in 2020.' Now, with talk of an executive order to formalize that concept, Rochard believes it's time to shift focus toward accumulation. 'The issue is going to be how do we accumulate Bitcoin in a budget neutral manner?' he said, noting that Trump has tasked key figures like Lutnick and Bessent with identifying a path forward. Rochard called for greater transparency around existing BTC holdings. 'The first step is to audit what Bitcoin do we currently hold and what has the Biden administration done during their four years?' he said. 'It was very opaque as to how they were disposing of the Bitcoin on the U.S. balance sheet.' He added that the findings could motivate a new accumulation push: 'We need to make up for past mistakes and we need to find a way to aggressively accumulate Bitcoin.' One idea, presented by Andrew Haines at the recent Bitcoin for America Summit, is to use Bitcoin-linked treasury bonds — similar to how MicroStrategy issues debt to acquire BTC. 'What we could do from a U.S. Treasury perspective would actually not just be budget neutral, but budget positive,' Rochard explained. The concept: issue traditional treasury bonds where 90% of proceeds fund standard obligations and 10% go toward BTC, giving investors long-term upside. 'This really is a great way to look at what Michael Saylor's doing with MicroStrategy and apply that corporate approach to a sovereign grade approach,' he said. 'We can actually lower the interest cost for the treasury.' Rochard sees this as a win-win: 'Give bond investors Bitcoin upside… and build a strategic Bitcoin reserve that secures America's financial future.'

Governments aren't changing Bitcoin — ‘Bitcoin is changing them,' says Bitcoin Bond CEO
Governments aren't changing Bitcoin — ‘Bitcoin is changing them,' says Bitcoin Bond CEO

Yahoo

time09-04-2025

  • Business
  • Yahoo

Governments aren't changing Bitcoin — ‘Bitcoin is changing them,' says Bitcoin Bond CEO

Bitcoin has evolved far beyond its roots as a tool for financial independence — and that's not a bad thing, says Pierre Rochard, CEO of The Bitcoin Bond Company. Speaking with Scott Melker on TheStreet Roundtable, Rochard argued that the adoption of Bitcoin by governments and institutions should be seen as a sign of success, not betrayal. 'Seeing governments adopt Bitcoin and seeing corporations adopt Bitcoin… indicates that we have succeeded beyond our wildest dreams,' he said. 'Others have framed it as some kind of failure, but the bottom line is that they are not changing Bitcoin. Bitcoin is changing them.' For early adopters who joined the space to opt out of the system, it may seem like a contradiction. But Rochard believes Bitcoin is doing exactly what it was designed to do — reduce reliance on 'trusted third parties' and empower people to control their own money. 'We are moving the ball further down the field, away from the past conversation of 'Will governments ban Bitcoin?'… to now, 'How are governments going to most effectively adopt Bitcoin?'' he said. 'That's great for individuals as well.' Rochard also pointed out that not everyone is ready to become a sovereign individual overnight — and that's OK. 'There are a lot of people in society who are just not ready… for whatever reason,' he said. 'But if governments and corporations provide an easy off-ramp from the world of dollar inflation into Bitcoin… that's the way we gain adoption.' Ultimately, he sees government and institutional adoption not as the end of Bitcoin's mission, but the beginning of a much broader movement. 'Let's get them started on that path,' he said. 'Long-term, they're going down the funnel toward being a sovereign individual.' Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store