On March 10th, during the exclusive Trump Crypto Summit, BTC Inc. CEO David Bailey made headlines by proposing a significant integration of cryptocurrency within U.S. policies. He highlighted that numerous elites from emerging markets express a strong interest in relocating to the United States, yet face challenges in transferring large sums, exemplified by the $5 million threshold. According to Bailey, Bitcoin could serve as an effective mechanism to facilitate this transfer, offering a streamlined, secure, and discreet alternative.
Bailey further suggested that the Trump administration’s proposed “Gold Card” initiative might accept payments in Bitcoin, positioning it as a viable option for prospective investors. Should the government embrace this strategy, it would send a powerful message to global markets: the U.S. is committed to adopting cryptocurrency in its economic framework. Such a move could potentially enhance the country’s crypto reserves and bolster its stance in the rapidly evolving digital economy.