Bitcoin’s Ascent: Billionaires Advocate for Global Reserve Currency Status

At the State of crypto Summit, Coinbase CEO Brian Armstrong and entrepreneur Paul Graham expressed strong belief in Bitcoin's potential to emerge as a global reserve currency. Armstrong highlighted Bitcoin's role as a fiscal safeguard against unsustainable government deficit spending, noting that democracies worldwide struggle with fiscal discipline. This endorsement from high-profile figures underscores growing institutional confidence in Bitcoin's long-term value proposition amid macroeconomic uncertainties.

Two Billionaires Back Bitcoin as Potential Global Reserve Currency

Coinbase CEO Brian Armstrong and entrepreneur Paul Graham have voiced strong confidence in Bitcoin's potential to become a world reserve currency. Speaking at the State of Crypto Summit, Armstrong framed Bitcoin as a fiscal safeguard against unsustainable government deficit spending. "Democracies worldwide are struggling with deficit control," he noted. "Bitcoin could serve as a check—when fiscal policies fail, capital may flee to it as a hedge."

Paul Graham echoed this sentiment, recalling his early Bitcoin investment thesis centered on its disruptive monetary properties. Both billionaires positioned the cryptocurrency as an emerging alternative to traditional reserve assets, with Armstrong speculating about "mass adoption" accelerating this transition.

Crypto Market Defies Geopolitical Tensions as Fear & Greed Index Stays Bullish

Bitcoin's resilience amid escalating Israeli-Iranian tensions underscores its growing reputation as a digital SAFE haven. The Crypto Fear & Greed Index holds at 60—firmly in greed territory—even as traditional markets wobble. At $105,222, BTC shows only marginal declines despite April 2024's precedent, when Iranian retaliation triggered an 8.4% drop.

Anthony Pompliano's characterization of bitcoin as "relentless" gains credence. Market participants appear to view crypto as insulated from fiat-driven volatility, though sustained conflict could test this thesis. The 100,000 threshold looms as a psychological battleground for bulls.

Quantum Threat Looms Over Bitcoin’s Cryptographic Shield

Bitcoin’s 15-year security framework, built on elliptic curve cryptography (ECC), faces an existential challenge from quantum computing. The 1985-era encryption standard may soon be obsolete as quantum advancements accelerate. Kapil Dhiman, CEO of Quranium, warns this isn’t a distant hypothetical—quantum advantage could dismantle blockchain security, DeFi, and digital identity systems.

Dhiman’s pivot to post-quantum solutions began during his tenure at PwC, where he identified the industry’s blind spot. "The breach won’t wait for our preparedness," he notes. Quranium’s LAYER 1 protocol, co-founded in early 2024, integrates AI and EVM compatibility while prioritizing quantum resistance—a safeguard against what he calls "the Y2K of cryptography."

Michael Saylor Signals More Bitcoin Purchases as MicroStrategy Nears 600,000 BTC Milestone

MicroStrategy founder Michael Saylor has once again hinted at another major Bitcoin acquisition, reinforcing his company's unwavering commitment to the cryptocurrency. The business intelligence firm now holds 582,000 BTC—worth approximately $61 billion—after adding 335,000 BTC in just the past year through its disciplined dollar-cost averaging strategy.

Last week alone saw MicroStrategy purchase 1,045 BTC for $110 million, maintaining its relentless accumulation pace that could soon break the company's own 12-week buying record. Saylor's approach transforms Bitcoin into the cornerstone of corporate treasury strategy, with innovative financing methods like STRD preferred stock raising over $3 billion to fund these acquisitions.

Bitcoin 2025 Conference Unveils 'Hash Over Cash' Initiative for Social Justice

Entrepreneur Jill Ford, founder of BitFord Digital, and Justin Rhedrick of the Bitcoin Transformation Community introduced 'Hash Over Cash' at the Bitcoin 2025 conference. The initiative repurposes outdated mining equipment and donated hashpower to support workforce reintegration for formerly incarcerated individuals.

Companies and individual miners are encouraged to contribute used or broken ASIC rigs or temporarily redirect mining output. BitFord manages repair and resale, while the Bitcoin Transformation Community provides hands-on job training. 'Cash donations often get stuck in red tape,' Ford noted. 'But a pallet of old machines? That’s something companies can greenlight fast—and it still comes with a tax deduction.'

Early support from firms like Bldg 96 positions the program as a sustainable model for social equity in crypto. The initiative underscores Bitcoin’s potential to drive tangible societal impact beyond financial speculation.

Corporate Bitcoin Treasuries Gain Momentum Amid Centralization Concerns

MicroStrategy's pioneering strategy of amassing Bitcoin on its balance sheet has spawned imitators. At least 216 entities—including 101 public companies—now collectively hold nearly a third of circulating BTC supply. Corporate treasuries alone control approximately 765,300 bitcoins, representing 3.7% of total supply excluding lost coins.

The trend accelerates as new institutional players enter the space. Jack Mallers' 21 Capital, David Bailey's Nakamoto, and Anthony Pompliano's ProCapBTC—reportedly raising $750 million for Bitcoin accumulation—demonstrate growing institutional conviction. Each announcement sparks bullish sentiment on crypto Twitter, though the cumulative impact remains uncertain.

Critics highlight concerning centralization risks as corporate holdings concentrate BTC ownership. The ecosystem grapples with balancing institutional adoption against Bitcoin's decentralized ethos, with no slowdown in corporate accumulation evident.