Bitcoin becoming global reserve asset ‘sooner’ than most think: David Bailey
Episode 520 of The Scoop was recorded with The Block's Frank Chaparro and Bitcoin Inc CEO David Bailey.Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Please send feedback and revision requests to [email protected] 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 Strategy (formerly known as MicroStrategy), and Bitcoin's separation from the broader crypto market.OUTLINE 00:00 - Introduction 00:34 - President Trump prelude 04:34 - Sponsor break 05:35 - 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 - ConclusionGUEST LINKS David Bailey on X: https://x.com/DavidFBailey BTC Inc: https://b.tc/Are you hiring in crypto? Use Campus to quickly find your best candidates with our challenging Crypto Assessment Test.Faster hiring, stronger teams. Sign up for a trial today: theblock.co/campusThis episode is brought to you by our sponsors:Fidelity Explore Fidelity crypto careers today. Go to crypto.FidelityCareers.com to learn more.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.