In a recent flurry of tweets, David Bailey, the CEO of BTC Inc, shared key takeaways from a confidential conversation he had with former President Donald Trump. Bailey disclosed that Trump voiced strong support for the Bitcoin community. He recounted Trumpโs message: “Heโs with us 100%, weโre going to elevate things to unprecedented heights, and weโre going to surpass China and other nations that aim to undermine us.“
Just spoke with @realDonaldTrump and expressed my gratitude for his continued promises to our industry and to Ross. I asked him if heโd like to convey a message to the Bitcoin communityโฆ
He said heโs with us 100%, weโre going to elevate Bitcoin to unprecedented levels, and weโre going toโฆ
— David Bailey๐ต๐ท $0.85mm/btc is the floor (@DavidFBailey) January 26, 2025
https://platform.twitter.com/widgets.js
Baileyโs revelations ignited immediate discussion and analysis among community members. While many reacted positively to Trumpโs alleged endorsement, some skeptics raised doubts regarding the validity of his claims. A userโs remark, “Record the talk next time, because nobody Iโm talking with believes these tweets,” encapsulated the skepticism resonating within the community.
Related: David Bailey Predicts $1M Bitcoin Price During Trumpโs Presidency
In response to concerns, Bailey took a firm stance regarding the confidentiality of their discussion. “I would never record a private chat with the President and share it online just to gain favor on the internet,” he asserted. His commitment to maintaining ethical standards was evident, yet some remained unconvinced.
In the comment section of his tweet, another individual posed a specific inquiry about an Executive Order directing the Presidentโs Working Group on Digital Asset Markets to examine the potential establishment of a national digital asset reserve. This user raised concerns “over the risk of undesirable coins being included in the reserve.”
Bailey addressed this by noting the breadth of his conversation with Trump. “We spoke for about 10 minutes on various topics. I donโt sense heโs aware of that concern, nor did I bring it up,” he explained.
Related: Trump Signs Executive Order to Investigate a U.S. Strategic Bitcoin Reserve
Approximately eight months prior, Bailey collaborated with the Trump campaign to outline their policies on these significant issues. This engagement is part of Bailey’s ongoing efforts to interact with political leaders and influence policy debates.
For the past month, we have been collaborating with the Trump campaign to craft their Bitcoin and cryptocurrency policy agenda. We recommended a comprehensive executive order for President Trump to enact on day one. I will share further details soon. Trump took the first step this week, butโฆ
— David Bailey๐ต๐ท $0.85mm/btc is the floor (@DavidFBailey) May 11, 2024
https://platform.twitter.com/widgets.js
This exchange highlights the increasing overlap between the cryptocurrency community and political discourse, as these topics gain traction in both national and international policy conversations. While Bailey’s dialogue with Trump may not have addressed every lingering concern within the community, it signifies a broader initiative to involve key figures in shaping the future of cryptocurrency policies. As the community continues to advocate for its principles, such discussions could be crucial in steering the policy landscape in the United States.
