David Bailey, CEO of BTC Inc., revealed through X that he recently talked to former US president Donald Trump on a private phone about Bitcoin. Post Bailey immediately ignited discussions throughout the community, especially in the delicate of the evolving Trump’s position on digital assets and his decisions last week to pardon Ross Ulbricht.
Trump is stubborn on bitcoins
Bailey started to x to detail His conversation with Trump, writing: “He just talked to Donald Trump and thanked him for preserving promises to our industry and Ross. I asked him if he wanted to share a message with the Bitcoin community … he said that he is 100%with us, we would send Bitcoin to much larger heights and we intend to comfort China and other countries who want to take it from us. We thank President Trump for being the first president of Bitcoin. Promises made, promises preserved. “
Bailey, whose company BTC Inc. It is a home organization of Bitcoin magazine, he has long been attributed to Trump to transfer his view to BTC from skepticism to support.
Bailey answered a wave of questions from users after his post. One of the commentators asked if Trump was aware of the fears of the “shit” in the action of the US government government. Bailey replied: “We talked for ~ 10 minutes. He covered several topics, all related to Bitcoins. I don’t think he is aware of care and I didn’t raise him. “
Another user called Bailey to provide evidence, suggesting that he should record a conversation next time. Bailey, however, emphasized his commitment to privacy: “I would never write a private conversation with the president and share her publicly scoring points on the Internet.”
When asked how the call arose, Bailey revealed: “He called me … I was notified in advance.” In an additional statement by Emily Bailey, the wife of Bailey and the head of marketing at BTC Inc., confirmed her husband’s account: “She can confirm. He called thanks to David and the Bitcoin industry. Most of the call concerned Ross and Lyn, Justice and Peace. It was just a friendly moment. “
Change of Trump
David Bailey’s interactions with Trump began when the former president was largely critical of the BTC space. With time, through personal discussions, Bailey and other supporters emphasized how Bitcoin can support American technological leadership and energy independence.
The culmination of these efforts ended with the Bitcoin 2024 conference in Nashville, where Trump publicly supported Bitcoin, withdrawing his previously skeptical attitude. During this event, he expressed the desire that all the other BTC would be “extracted, broken and produced in the US” and undertook to create a Bitcoin strategic reserve if he was re -elected. He also famously promised to pardon Ross Ulbricht, the founder of Silk Road Murky Web Marketplace – a promise he fulfilled on January 21, 2025, shortly after the inauguration for the second term.
Since the executive order of Trump establishing “national digital assets”, a heated debate has been carried out about cryptocurrencies. Pierre Rochar, vice president of research on riot platforms and several other industry leaders accused Ripple of being the “biggest obstacle” in the Purely BTC reserve. They claim that Ripple spends vast sums on lobbying to expand the reserve to a wider “cryptographic reserve”, probably including XRP.
Ripple management publicly denied any attempt to weigh Bitcoin. They claim that reserve diversification covering many digital assets – including BTC – Bolsters American Innovation, enabling broader economic benefits and solid competition with other nations entering the digital assets race.
During the BTC press, it fell by -4.5%, trading at 100 455 USD.
A highlighted image from YouTube, chart from tradingview.com
