Crypto entrepreneur Mike Alfred expressed skepticism about the U.S. government accumulating Bitcoin without other countries setting a precedent. Speaking on the Coin Stories podcast, Alfred emphasized the need for external pressure for the U.S. to consider Bitcoin as part of its strategic reserves. He also forecasted Bitcoin reaching $1 million per unit by 2033, suggesting governments will recognize it as a strategic asset by then.
Despite former President Trump's 2024 executive order to establish a strategic Bitcoin reserve, the plan remains unimplemented. Industry voices like Galaxy Digital's Alex Thorn and Jan3's Samson Mow have highlighted the risk of the U.S. falling behind if it delays action on Bitcoin reserves.
Mike Alfred: U.S. Unlikely to Accumulate Bitcoin Without Global Lead
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