Mark Moss argues government bans on Bitcoin won't work, pointing to El Salvador's adoption and recent U.S. signals: Trump's pro-crypto stance, Fed officials calling Bitcoin "the new gold," and a $2 trillion market cap despite opposition from Warren and Gensler. He predicts Bitcoin could capture 8% of the global reserve-currency basket.
most people thought, and now for whatever, a decade I've been talking about Bitcoin, and the number one objection is, but the government's going to make it illegal. But that's been the number one objection since day one, because why would the US government, why would the dollar, why would they want to come— Try. Competitor for the dollar, all this. And to your point, they could try, they could make it illegal. They could say, we'll kill people, whatever. They can't really stop it. They can't stop it. They can't stop it, but they could threaten to kill people, put people in jail, whatever. And then you would think that seeing El Salvador, adopt Bitcoin. Makes sense, because like El Salvador doesn't have their own currency, and like they're like one of the smallest countries in the world, and like why not, right? They're not really influential. Nobody's like really following their lead. A few small countries maybe. I always assumed that the US would be the last to move because the US has the most to lose, right? We have the— you have the reserve currency of the world, but the US is leading the charge. It's a hedge. Why not? But it's not— it's not just a hedge, right? Trump posted on Truth Social yesterday or day before again, or, you know, a dozen times. It was just yesterday before he posted, the US will lead the world in crypto. The US will lead it, right? Scott Bassett, Kevin Warsh, the new Fed chair, was just on TV— was 2 days ago, I posted the clip on Bloomberg, I think it was— and he said Bitcoin is the new gold for people under 40 years old. So you have the entire Trump administration, Lutnick, Bassett, and Warsh now, and Trump himself, all pushing Bitcoin specifically. And so That went from Bitcoin getting to $2 trillion asset in spite of the government attacking it, right? So like Elizabeth Warren ran on the anti-crypto campaign, right? Her and Gary Gensler, right? Operation Chokepoint 1.0, 2.0. So it got there in spite of that. And now you have the leader of the free world, the man who, and this is my view, but the man who's reshaping the entire global economy as we speak right now, pushing for Bitcoin to lead. So I think getting to 8% of that basket is pretty realistic. If you want to learn more about the Wealth Operating System, then comment "ready" and I'll send you an invite to the free training I have in the workshop coming up, and I'll see you there.
