Bitcoin becoming global reserve asset 'sooner' than most think - David Bailey
David Bailey is the CEO of Bitcoin Inc.
The Scoop's host, Frank Chaparro, was joined live by David Bailey to discuss the growing adoption of Bitcoin by nation-states and institutions, with Bitcoin heading towards becoming a reserve asset and political force. They also discuss Michael Saylor's Microstrategy, and Bitcoin's separation from the broader crypto market.
OUTLINE
00:00 - President Trump prelude
04:00 - Sponsor break
05:01 - Bitcoin losing its identity?
10:26 - International adoption
15:17 - Bitcoin as a matter of national security
18:39 - Market trends
21:33 - Risks of Microstrategy
26:28 - Microstrategy’s appeal
30:47 - Bitcoin’s maturity and seeking yield
31:51 - Crypto market troubles
34:25 - Conclusion
GUEST LINKS
David Bailey on X: https://x.com/DavidFBailey
BTC Inc: https://b.tc/
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How Trump became a Bitcoiner | David Bailey
Gm! This week we're joined by David Bailey for a discussion on the current state of the Bitcoin market. We deep dive into David's background building one of the largest Bitcoin media & events companies in the world, working with the Trump campaign, the 2025 corporate Bitcoin strategy, the outlook for a strategic reserve & so much more. Enjoy!
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Timestamps:
(00:00) Introduction
(00:57) David's Origin Story
(14:17) Sponsors (Geodnet & Uniswap)
(15:13) The Bitcoin Conference
(25:41) The Trump Bitcoin Journey
(35:16) Sponsors (Geodnet & Uniswap)
(36:54) The Strategic Bitcoin Reserve
(42:24) Strategic Reserve vs Stockpile
(46:47) The Crypto Council
(49:28) Sponsors (Aptos, Bitwise, Arweave)
(51:48) Hyperbitcoinization
(55:06) The Bitcoin Strategy
(01:13:54) The Four Year Cycle
(01:17:06) David’s Opinion On Crypto
(01:26:12) The Path To $1 Million Bitcoin
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Why Trump is Pro-Crypto | David Bailey
How in the world did Trump pivot to Pro-Crypto?
David Bailey is the CEO and Cofounder of Bitcoin Media, which you might also know as Bitcoin Magazine He has just finished throwing the Bitcoin 2024 Conference, he’s been in Bitcoin since it’s inception and he’s now at the forefront of the world of politics where Bitcoin has been meaningfully intersecting with the Trump Administration.
We talk mostly about Trump and his crypto policies. We then contrast it with Kamala Harris and the Democrats. And we finish with why David is so bullish on Bitcoin and why he has fallen in love with the idea of Bitcoin.
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------ TIMESTAMPS
0:00 Intro 6:51 Bitcoin 2024 10:43 Donald Trump 31:42 Trump’s Crypto Policies 47:44 Kamala Harris 54:26 Trump vs Kamala 1:01:15 The Bitcoin Idea 1:06:14 Closing & Disclaimers
------ RESOURCES
David Bailey https://x.com/DavidFBailey
Bitcoin Media https://b.tc/
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
a16z Podcast: Bitcoin's Growing Pains -- and Possibilities
Bitcoin has had more than its share of drama. There is, of course, the mystery surrounding its anonymous founder (or perhaps, founders) Satoshi Nakamoto. More recently, there's been a battle over whether the size of blocks need to grow to account for more capacity -- especially since there isn’t much time left to make changes before blockchain capacity runs out, says core bitcoin developer Mike Hearn.
Hearn joins a16z’s Chris Dixon on this segment of the a16z Podcast to discuss the current state of bitcoin development; Hearn’s own Lighthouse creation, which is a bitcoin-based crowdfunding app; and what it will take to move the bitcoin protocol into the mainstream.
The views expressed here are those of the individual AH Capital Management, L.L.C. (“a16z”) personnel quoted and are not the views of a16z or its affiliates. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by a16z. While taken from sources believed to be reliable, a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.
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