Former Trump crypto advisor: The U.S. government cannot remain only at the level of "liking Bitcoin"

BTC-0,29%

PANews March 4th News, according to Cointelegraph, former Trump administration crypto advisor David Bailey stated that the U.S. government can do more to support Bitcoin, saying “Liking Bitcoin alone is not enough.” He pointed out that although Trump signed an executive order on strategic Bitcoin reserves in March 2025, a year later the government still has not actively started accumulating Bitcoin and is even unclear about the exact amount held. Bailey believes that liking Bitcoin does not mean being willing to invest the necessary political capital to push things forward. He emphasized that whether it takes 4 years, 10 years, or 20 years, Bitcoin will eventually succeed, but to continue making progress, more people need to own Bitcoin each year.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Bonuses Expand as Fold Brings Payroll-Linked Rewards to Employers

Fold Holdings expanded bitcoin workplace compensation with a new employer bonus program. The rollout turns payroll-linked incentives into a potential distribution channel for everyday BTC adoption. Key Takeaways: Fold launches BTC bonuses, expanding employer adoption pathways. Businesses gain

Coinpedia1h ago

Bitcoin Spot ETFs Record $144.49M Net Inflows, Extending 9-Day Streak

Gate News message, April 25 — Bitcoin spot ETFs recorded net inflows of $144.49 million yesterday (April 24, Eastern Time), according to SoSoValue, extending a nine-day streak of positive inflows. BlackRock's IBIT led all funds with $22.879 million in single-day inflows, bringing its historical tot

GateNews4h ago

Metaplanet Issues 8 Billion Yen Zero-Coupon Bonds to Increase Bitcoin Holdings

Gate News message, April 25 — Japanese Bitcoin Treasury Company Metaplanet announced the issuance of 8 billion yen in zero-coupon ordinary bonds to fund further bitcoin purchases. The proceeds from the bond offering will be allocated toward expanding the company's bitcoin holdings as part of its

GateNews5h ago

Bitcoin Developer Paul Sztorc Announces eCash Hard Fork with 1:1 BTC Exchange, Sparking Community Controversy

Gate News message, April 25 — Bitcoin developer Paul Sztorc announced the launch of eCash, a Bitcoin hard fork network that will allow BTC holders to exchange their holdings at a 1:1 ratio for eCash tokens following the network's activation. The Layer 1 node software will be a near-replica of the Bi

GateNews5h ago

Liquidity Is Shifting Beyond Bitcoin — Why Altseason 2026 Could Surge and 5 Crypto Picks Gaining Attention

Liquidity rotation is gradually moving across multiple blockchain sectors beyond Bitcoin dominance. Scaling and infrastructure tokens show steady development activity across developer ecosystems. Privacy and gaming narratives continue to influence selective market participation trends

CryptoNewsLand5h ago
Comment
0/400
No comments