In a recent series of tweets, David Bailey, CEO of BTC Inc, shared highlights from a private conversation with President Donald Trump. Bailey revealed that Trump expressed unwavering support for the Bitcoin community. According to Bailey, the former president stated, “He’s with us 100%, we’re going to send things to much greater heights, and we’re going to outcompete China and other countries that want to take it from us.“
Just talked with @realDonaldTrump and thanked him for keeping his promises to our industry and to Ross. I asked him if he wanted to share a message with the Bitcoin community…
He said he’s with us 100%, we’re going to send Bitcoin to much greater heights, and we’re going to…
— David Bailey🇵🇷 $0.85mm/btc is the floor (@DavidFBailey) January 26, 2025
Bailey’s tweets sparked immediate interest and debate within the community. While many were enthusiastic about Trump’s purported endorsement, skeptics questioned the authenticity of the statements. One user’s comment, “Record the talk next time, because nobody I’m talking with believes these tweets,” captured the sentiments of some within the community.
Related: David Bailey Forecasts $1M Bitcoin Price During Trump Presidency
Bailey addressed these concerns head-on, emphasizing his respect for the privacy of the conversation. “I would never record a private conversation with the President and share it publicly to score points on the internet,” Bailey responded. This statement reaffirmed his commitment to ethical practices, even as it left some doubters unconvinced.
In the tweet’s comment section, another user raised a specific question about the Executive Order instructing the President’s Working Group on Digital Asset Markets to evaluate the potential creation of a national digital asset stockpile. The user highlighted concerns “over the possibility of shitcoins in the stockpile.”
Bailey’s response shed light on the scope of the conversation with Trump. “We talked for ~10 minutes. Covered a few topics. I don’t think he’s aware of the concern, and I didn’t raise it,” he noted.
Related: Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve
Eight months ago, Bailey collaborated with the Trump campaign to develop their policy agenda on these matters. This collaboration was part of Bailey’s ongoing efforts to engage political leaders and shape policy discussions.
For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but…
— David Bailey🇵🇷 $0.85mm/btc is the floor (@DavidFBailey) May 11, 2024
This dialogue underscores the growing intersection between the community and politics, with these topics increasingly finding their place in national and global policy discussions. While Bailey’s exchange with Trump may not have resolved every concern within the community, it reflects a broader effort to engage influential figures on the future of these matters. As the community continues to advocate for its values, such conversations could play a pivotal role in shaping the direction of policy in the United States.
