Bitcoin: Political Promises Are No Longer Enough, Says Trump’s Former Crypto Advisor

• Why Is the Current Political Support for Bitcoin Falling Short?
• What’s Next for Bitcoin in 2026?
• Q&A: Your Burning Bitcoin Questions Answered

David Bailey, ex-crypto advisor to Donald Trump, warns that the U.S. government’s vocal support for Bitcoin isn’t translating into action. With the U.S. sitting on 328,372 BTC (worth $23.4B) but lacking a clear regulatory framework, Bailey argues that political lip service won’t drive adoption. Meanwhile, Bitcoin’s price hovers around $70,220 in March 2026—40% below its all-time high—but long-term Optimism persists if policymakers step up. Could 2026 be the year the U.S. follows El Salvador’s lead?

Why Is the Current Political Support for Bitcoin Falling Short?

Back in March 2025, Donald Trump signed an executive order to create a U.S. strategic bitcoin reserve. Fast-forward to 2026, and progress has stalled. "Loving Bitcoin isn’t enough," says David Bailey, CEO of KindlyMD and Trump’s former crypto whisperer. He insists the U.S. must invest political capital to mobilize resources—like the $23.4B in seized BTC collecting digital dust. Without concrete policies (think: the stalled CLARITY Act), Bailey fears Bitcoin’s growth will flatline despite its revolutionary potential.

Compare this to El Salvador, where Bitcoin is now baked into the economy like pupusas on a breakfast menu. The U.S.? Still stuck in theoretical debates. "Results won’t change unless politicians commit," Bailey shrugs. Case in point: Those 328,372 idle U.S.-held BTC could’ve been Leveraged for institutional adoption—if only regulators stopped waffling.

What’s Next for Bitcoin in 2026?

Bitcoin’s price is currently doing the cha-cha around $70,220—a far cry from its 2021 peak. But here’s the twist: Volatility isn’t scaring off the pros. Bailey and other analysts remain bullish long-term, betting that clearer regulations (and less political hot air) could ignite institutional interest. With crypto becoming an election-year bargaining chip—thanks to Trump’s pro-BTC rhetoric—2026 might finally see the U.S. MOVE from talk to action.

Investors, take note: These price swings could mask a golden opportunity. If Washington stops treating Bitcoin like a theoretical debate topic and starts treating it as a strategic asset, we might just see the mother of all rallies. But until then? Keep your seatbelts fastened.

Q&A: Your Burning Bitcoin Questions Answered

How much Bitcoin does the U.S. government hold?

As of March 2026, the U.S. Treasury owns 328,372 BTC (worth ~$23.4B), seized from criminal cases. Source:.