US Should Act On Bitcoin, Not Just Praise It, Ex-Advisor To Trump Says
The US government is sitting on roughly 378,372 Bitcoin worth more than $24 billion That constraint has proven difficult to work around. No framework for how to meet it has been made public. Bailey did not spare the hard language. “Unless you’re willing to bear the political capital necessary to mobilize the different gears necessary to move the ball forward,” he said, the outcome is the same whether a politician likes Bitcoin or not. He called out the difference between voicing an opinion and doing the work to back it up. Despite the criticism, Bailey stopped well short of pessimism. He told the conference audience that Bitcoin does not need government action to survive or grow. The question, as he framed it, is only one of timing.Bailey Says Bitcoin Wins Either Way
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“Whether it’s four years from now, or 10 years from now, or 20 years from now,” he said, “we will get to the point where we actually have a government that is conducive to the rules we need for Bitcoin to be successful.”
Bailey now runs KindlyMD, a Bitcoin treasury company, and he made clear his focus is on expanding ownership rather than waiting on Washington.
More Bitcoin owners means more voters who have a personal stake in pro-Bitcoin policy — and that, he argued, is what makes adoption inevitable over time.
Featured image from Pixabay, chart from TradingView
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