TechFlow news, on March 10, according to Jinshi Data, David Bailey, CEO of BTC Inc., was among dozens of insiders invited to the recent Trump crypto summit. He proposed on social media combining two of the president's ideas to increase cryptocurrency reserves at no cost to the government.
Bailey stated that many elites in emerging markets want to live in the United States but face difficulties transferring $5 million abroad. Bitcoin offers a simpler, safer, and more discreet solution that should be considered—Trump’s proposed "gold card" program could be paid for in bitcoin.
If the government were to adopt this measure, it would send another clear signal to the world that the U.S. is serious about incorporating bitcoin into its domestic policy.
