At the Bitcoin 2025 conference, David Sacks, the White House's AI and crypto czar, discussed Trump's pro-Bitcoin moves with Gemini co-founders.
Bitcoin recently hit a new all-time high above $111K, attracting institutional interest and ETF inflows, leading to expectations of further highs.
Sacks emphasized Bitcoin as the financial system of the future that should develop in the U.S., highlighting the need for increased energy production for AI and mining operations.
There's a suggestion that the U.S. government could acquire more Bitcoin without adding to the national debt, and Bitcoin adoption is increasing globally, with calls for the U.S. to participate.