David Bailey, CEO of BTC Inc. and attendee of the Trump Administration's crypto summit, suggested that the proposed "gold card" initiative should be paid for with bitcoin, allowing the U.S. to add to its strategic Bitcoin reserve without using taxpayers' funds. The gold card initiative would allow wealthy individuals to purchase entrance and permanence in the U.S. Bailey believes that bitcoin offers a simpler, safer, and more discreet solution for elites in emerging markets who want to move money out of their home countries. The suggestion of using bitcoin for the gold card initiative would demonstrate the U.S.'s commitment to including bitcoin in its internal policies.



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