A lot of chatter today following the President’s post about the possible composition of a “Crypto Strategic Reserve,” especially before he qualified it with a follow up post about #Bitcoin and Ethereum. It’s no accident that the three chains mentioned in that first post – XRP, SOL, and ADA – are centralized projects whose leadership teams lobby to elevate their status in Washington, DC. But that centralization is ultimately why those projects won’t win.
Conversely, over the past few weeks, we have seen the emergence of an intellectually vibrant and committed Bitcoin community across Washington, DC. From lawmakers and legislative staff to national security professionals and policymakers, there has been a profound change in the presence and influence of Bitcoiners across the city. It’s easy to get distracted when Bitcoin isn’t the focus of “crypto” discussions among policymakers. And I’m not saying to ignore the noise – call your representatives and let them know you’re a Bitcoiner. But I’m as confident as ever – Bitcoin is going to win.