US Delays Bitcoin Reserve Until Global Pressure Rises

US Holding Off on Bitcoin Reserves Until Global Pressure Builds

Written by Aaron S.,

Editor-In-Chief

Last Updated: November 19, 2025

Key Takeaways

The US is not expected to add Bitcoin to its reserves until other nations begin doing so, according to Mike Alfred;
Alfred said the government may act "when there is enough pressure externally";
He predicts Bitcoin could reach $1 million by 2033 and expects most governments to hold it as part of their reserve assets.

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According to entrepreneur Mike Alfred, the United States is not expected to start adding Bitcoin BTC $91,472.19 to its national reserves until other countries take that step first.

Speaking on a podcast released on November 18, Alfred said the government would likely move forward only after feeling pressure from global actions.

He explained that the US has created a reserve framework, but actual purchases would probably not begin right away. According to him, officials will act only "when there is enough pressure externally".

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Alfred noted that seeing other countries build Bitcoin reserves could push the US to follow.

Alfred also expects Bitcoin to reach about $1 million per BTC by 2033. This is a slower timeline than the forecasts of ARK Invest CEO Cathie Wood and Coinbase CEO Brian Armstrong, who predict Bitcoin could reach similar prices around 2030.

By the time such prices are reached, Alfred noted that most governments will have some form of exposure to Bitcoin, either through direct ownership, partnerships, or financial systems.

He said it will likely be treated as a normal part of a country’s reserve assets, alongside gold and foreign currencies.

Alfred also noted that before Donald Trump’s presidency, it "seemed impossible that the government would even acknowledge Bitcoin". He added that the US has come a long way since then.

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