Raghav Chopra
In the crowded corridors of the Venetian Convention Center, where digital cowboys and crypto believers gathered under the promising banner of decentralization, something shifted. Not in the charts. Not in the mempools. But in Washington’s soul—or at least in the way it’s beginning to think about Bitcoin.
At the Bitcoin 2025 Conference in Las Vegas, U.S. Senator Cynthia Lummis set the tone for day-1 speaking about the tectonic realignment of American economic strategy. On stage, beneath giant blue and red LED columns, the conversation wasn’t just about protocols or halvings anymore. It was about power. Sovereignty. And a new kind of war chest.
Bitcoin is the new geopolitical power game
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Senator Lummis, long a rare voice of crypto conviction in the Senate, made it clear that for the U.S. the race for Bitcoin was inevitable, and it was a race the Trump administration was convinced it had to win.
“When China forbade the mining of Bitcoin, it did the United States a big favor. The mining operations came here and President Trump declared his stand for making Bitcoin mining and America joined, so that’s a good area to start. Having a strategic reserve is the ultimate way of having a geopolitical advantage. I have talked to generals in our military who understand that economic power is as important as military power. There are many generals in our military who are in favor of a strategic reserve for this very reason.”
Senator Lumis went on to highlight how U.S.A had to treat Bitcoin as digital gold.
“It is important that our government includes amongst its strategic assets Bitcoin as digital gold. We have 5% of the world’s gold and we need to have at least 5% of the world’s Bitcoin reserve.”
Sun shines on Trump when it comes to Bitcoin
Later in the day crypto billionaire and the largest holder of the Trump coin, Justin Sun, spoke about the Trump gala dinner and how the U.S. president’s support was driving Bitcoin. Sun believes the current administration was promoting crypto the right way and it could drive regulation for countries across the globe with its well researched policies.
“President Trump has shown commitment to Bitcoin and the crypto industry. Without his support Bitcoin cannot go to $100,000. His support is enormous and very important for our industry. All his policies are driven towards encouraging the industry to grow in the U.S. The United States is one of the leading countries in financial regulation, so once it has clear regulation for crypto the other countries can simply follow it. The work in the U.S. will encourage other countries to do the same.”
U.S. is ready to become crypto capital of the world
White House Executive Director Bo Hines in his panel discussion made it clear that the United States was goin all-in on Bitcoin.
“Bitcoin is digital gold, I make no bones about it. I have said repeatedly, the United States must own as much of Bitcoin as it can. Bitcoin is an asset we should be harnessing on the behalf of the American people diligently as a working group in a budget friendly way. We must own as much as we can possibly get. And we must not sell any Bitcoin owned by the U.S. government, period.”
Hines also went on to explain how the Trump administration had made it a priority to make the U.S. the global leader in cryptocurrency.
“President Trump recognizes how important it is for the United States to lead the globe in terms of being a Bitcoin superpower and becoming the crypto capital of the world. He has said that repeatedly. The president cares deeply about this space. He’s made it a priority from the very beginning. He signed an executive order on digital assets on day 3, he set up a digital assets working group to welcome back the people who had left our shores. He is showing real force and real momentum. We can’t thank the president enough for his leadership. Without him we wouldn’t be here today and Bitcoin would not be the success it is today.”
‘We are going to the moon guys’
No moment captured the zeitgeist quite like the sit-down between Rumble CEO Chris Pavlovski and Donald Trump Jr.—an alliance between social media populism and crypto maximalism that would’ve sounded like a meme in 2019 but feels almost inevitable in 2025. Trump Jr. laid the path for the future of Bitcoin, and it was exactly what the crowd wanted to hear.
“We are going to the moon guys. It’s going to be awesome. Just stay in, stay strong. We are in it in all these different ways be it Truth Social, Liberty Financial, or what we are doing with American Bitcoin on the mining side. We want to be a part of changing the future of democratized finance. We are just at the forefront and it’s only going up.”
Is it a hedge? Is it an asset? It’s Bitcoin!
As the day came to a close, one thing became abundantly clear: Bitcoin isn’t just back in the conversation. It is the conversation.
What began over a decade ago as a cypherpunk rebellion has now found its way into the bloodstream of American policy, military strategy, and even campaign infrastructure. With the executive branch leaning in, and lawmakers like Lummis, Donalds, and Steil offering legal scaffolding, the narrative has matured: Bitcoin is no longer just a hedge. It’s a high-stakes American bet.
And this time, it isn’t Wall Street making the call. It’s the White House.
