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

BTC-1,33%

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.

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