Former Trump Crypto Advisor: Government Can't Just "Like" Bitcoin; US Needs Real Action Recently, David Bailey, a former crypto advisor to the Trump administration, stated at the New York Bitcoin Investors Week conference that the US government's support for Bitcoin cannot remain merely lip service; it must be translated into concrete action. Baileley bluntly stated that Trump repeatedly expressed support for Bitcoin and the crypto industry during his campaign and signed an executive order in March 2025 to establish a strategic Bitcoin reserve. However, a year later, the US government has only accumulated Bitcoin through law enforcement seizures and has never actively increased its holdings. He bluntly stated, "We don't even know how much Bitcoin the government actually holds." According to data from Arkham Research, the US government currently holds approximately 328,400 Bitcoins, worth approximately $22.22 billion, solely through law enforcement seizures. Baileley bluntly stated: Trump was the first politician to publicly support the globalization of Bitcoin, but mere attitude is not enough to push Bitcoin to $1 million. “Liking Bitcoin is useless; real political capital must be invested to promote it,” he emphasized. “Without paying the political cost and implementing relevant mechanisms, the outcome will not change.” However, Bailey also acknowledged that Bitcoin would eventually succeed even without US government action. He even stated that whether it's four, ten, or twenty years from now, we will eventually have a government that adapts to the rules governing Bitcoin's development. Therefore, the key to achieving sustained progress lies in expanding the Bitcoin holder base. As Bailey said, “We need more voters to hold Bitcoin every year; this is an inevitable trend.” In addition to strategic Bitcoin reserves, Trump's recent call for “the US to complete market structure legislation as soon as possible” has also focused market attention on the legislative progress of the Clarity Act. #BitcoinStrategicReserve