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Former Trump Crypto Advisor: US Still Has Significant Room to Drive Bitcoin Adoption

2026-03-04 03:46

Odaily News Former Trump crypto advisor David Bailey stated that the US government could do more to support Bitcoin, "merely liking Bitcoin is not enough." Liking Bitcoin does not mean being willing to invest the necessary political capital to make things happen. He emphasized that whether it takes 4, 10, or 20 years, Bitcoin will ultimately succeed. However, for progress to continue, more people need to own Bitcoin each year. David Bailey pointed out that although Trump signed an executive order for a strategic Bitcoin reserve in March 2025, a year later, the government has still not begun actively accumulating Bitcoin, and it is not even clear exactly how much is held. (Cointelegraph)