In a recent series of tweets, David Bailey, CEO of BTC Inc, shared key points from a private discussion with former President Donald Trump. Bailey disclosed that Trump voiced strong support for the Bitcoin community, stating, “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.”
Bailey expressed gratitude to Trump for his commitments to the industry and to Ross. He also inquired if Trump wished to convey a message to the Bitcoin community, to which Trump affirmed his full support and ambition to elevate Bitcoin significantly.
Bailey’s tweets ignited immediate interest and debate within the community. While many welcomed Trump’s alleged endorsement, some skeptics questioned the validity of the claims. One user remarked, “Record the talk next time, because nobody I’m talking with believes these tweets,” reflecting the doubts of some community members.
Addressing these concerns, Bailey emphasized his respect for the confidentiality of the conversation, stating, “I would never record a private conversation with the President and share it publicly to score points on the internet.” This response reinforced his commitment to ethical standards, though it did not fully convince all skeptics.
In the comments, another user raised a question regarding an Executive Order directing the President’s Working Group on Digital Asset Markets to assess the potential establishment of a national digital asset stockpile, expressing worries about the inclusion of “shitcoins” in the stockpile.
Bailey clarified the nature of his conversation with Trump, noting, “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.”
Eight months prior, Bailey had worked with the Trump campaign to formulate their policy agenda on cryptocurrency matters. He mentioned ongoing efforts to engage political leaders and influence policy discussions, stating, “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 exchange highlights the increasing intersection of the Bitcoin community and political discourse, as these topics gain prominence in national and global policy discussions.
