According to the speaker, what percentage of bitcoin supply does the US government own?

Name: This is why you shouldn't give up on crypto...
Uploaded: 2026-01-23T00:26:30+00:00
Duration: 52 s
Channel: Ben Simpson
Description: A short YouTube commentary by Ben Simpson arguing that recent public endorsements of crypto (including by Trump at the World Economic Forum) and the…

Ben SimpsonNavigating the world of crypto with confidence & expertise | Founder & CEO of Collective Shift

This is why you shouldn't give up on crypto...

23 Jan 2026 · 1 min

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A short YouTube commentary by Ben Simpson arguing that recent public endorsements of crypto (including by Trump at the World Economic Forum) and the emergence of a U.S. "strategic bitcoin reserve" mean the government already holds roughly 1% of bitcoin supply and may accumulate more. Simpson connects these developments to political incentives ahead of the midterms and expresses cautious optimism that capital will flow back into crypto and prices will recover.

Questions this video answers

Close to 1% of the bitcoin supply.

Chapters

Breaking news. Once again, Trump has come out on live TV on Fox News at the World Economic Forum to push crypto as the home in America. Why is he doing this? Well, for one, they have set up the strategic bitcoin reserve. The US government owns close to 1% of the bitcoin supply because they are looking to use that as a strategic asset, just like they hold gold. Over time, in my opinion, the strategic bitcoin reserve, once they pass through the different regulations that they're pushing through to get approval, they will start to accumulate bitcoin. Now, it probably won't be, you know, the next couple of months, but leading up to the midterms, Trump is going to want to be in a really hot seat in the popularity here in the US now, bitcoin and crypto has a huge community, and the economy is a big scoreboard for Trump. Crypto is included. He owns all the crypto. His entire family owns a lot of crypto. That is a big reason you should never throw out the towel of this space. Yes, it's boring, it's going sideways, but it's only a matter of time until we, until we start to see that money flow into this space once again and prices return.