The post Bitcoin To Be Global Reserve ‘Sooner Than Most Expect:’ Trump Adviser appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a conversation on The Scoop, David Bailey, chief executive of Bitcoin Inc. and confidant of US President Trump, mapped out a trajectory that he believes will carry the world’s first cryptocurrency from insurgent technology to primary reserve asset “much sooner than people think.” Speaking with host Frank Chaparro, Bailey described a confluence of political opportunism, sovereign-scale mining, and balance-sheet securitisation that, in his view, is steadily eroding the old monetary order. Bailey did not mince words about the scale of the transition. “We are on a path for Bitcoin becoming the reserve asset of the world,” he said, adding that the timetable is accelerating. The claim framed a discussion that ranged from US President Donald Trump’s newly discovered “Bitcoin president” persona to Bhutan’s dependence on block-subsidy revenue and SoftBank’s entrance into the treasury-stock arbitrage game. Bitcoin Becoming Reserve Asset Sooner Than Expected Bailey recounted his first meeting with Trump at Trump Tower, where he and others attempted to fold Bitcoin into the president’s platform. The encounter, he said, revealed an instinctive political antenna. Trump “has this ability to sort of flip his persona […] from joking and having a good time […] to business Trump, decision time.” What began as a meme-driven overture has, in Bailey’s telling, evolved into a reflexive campaign plank: “Six months go by and now he’s the crypto president, he’s the Bitcoin president.” That pivot matters, Bailey argued, because the constituency is already electorally significant. “Crypto Americans […] are 90 million people, 80 million people,” he told Chaparro. Trump, he added, believes the cohort is “more fervent and there’s more of us than gun owners.” The implication is that Bitcoin’s ideological freight—“the politics of not wanting politics,” as Bailey put it—has begun…

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Filed under: News - @ May 9, 2025 4:17 am