US Won’t Start Bitcoin Reserve Until Other Countries Do: Mike Alfred

Why It Matters

The U.S. delay in establishing a Bitcoin reserve could cede strategic financial advantage to other sovereigns, influencing global crypto adoption and shaping future reserve asset composition.

Summary

Crypto entrepreneur Mike Alfred told the Coin Stories podcast that the United States will only begin adding Bitcoin to its strategic reserve once other nations have already taken steps, citing "enough pressure externally" as the trigger. He noted that the timeline remains uncertain, even though a March executive order signed by former President Donald Trump authorized the creation of a Strategic Bitcoin Reserve using budget‑neutral methods. Alfred predicts Bitcoin could reach $1 million per coin by 2033, at which point most governments are likely to hold some exposure, and warned that the U.S. risks being "front‑run" by countries like Pakistan that are already planning acquisitions. Industry voices, including Galaxy Digital and Samson Mow, are urging faster action to avoid falling behind global peers.