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CoinDesk Podcast Network

MARKETS DAILY: Crypto Update | U.S. Bitcoin Reserve Is 'Inevitable'

CoinDesk Podcast Network

CoinDesk

Business News, News, Daily News, Tech News

4.7698 Ratings

🗓️ 28 February 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

The latest price moves and insights with Jennifer Sanasie and JAN3 CEO Samson Mow. To get the show every day, follow the podcast here. JAN3 CEO Samson Mow joined CoinDesk live at Consensus Hong Kong to discuss the priorities for countries to establish strategic bitcoin reserves with the rise of bitcoin as a major economic driver. And, could bitcoin reach $1 million by the end of 2025? This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.7

The US absolutely needs a Bitcoin reserve, and I think every other country does as well.

0:56.0

The way I see it is Bitcoin is going to be the next major economic driver.

1:00.3

People are very bullish on AI, and they think AI is going to change the entire financial

1:04.9

landscape because of massive investment amounts into it.

1:08.0

But all those companies that are doing things like AI, they need to

1:11.6

store their money somewhere. Like, Nvidia needs a vehicle to store their money from selling chips

1:18.3

and whatnot, similar to what micro-strategy is doing, right? They're trying to protect their savings.

1:23.1

And it's just the same thing, but on a nation-state level, where countries realize that this is the next big thing.

1:28.4

This is an superior asset class.

1:34.9

We're joined now by one of the most vocal advocates for Bitcoin, Simpson Mao.

1:42.8

Welcome.

1:43.8

Nice.

...

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