When Shift Happens Podcast

140: David Bailey: How We Convinced Donald Trump Bitcoin Is Good For America

20 snips
Sep 26, 2025
David Bailey, CEO of Bitcoin Magazine and KindlyMD, shares the fascinating tale of how he convinced Donald Trump to support Bitcoin as an 'America First' policy. He discusses his journey from early investment missteps to becoming a staunch advocate for Bitcoin. David dives into the strategic creation of Bitcoin treasury companies and their potential to drive returns. He also analyzes the implications of Bitcoin’s rise on politics and finance, and speculates on a future where Bitcoin could reach unprecedented valuations.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Bitcoin's Anti-Fragile Nature

  • Bitcoin's resilience through multiple attacks demonstrated its anti-fragility to David.
  • Repeated recoveries convinced him Bitcoin couldn't be killed and increased his conviction over years.
ANECDOTE

From ICO Gains To All-In On Bitcoin

  • After large early ICO gains, David's firm lost most profits and decided to divest from altcoins in 2018.
  • They refocused solely on Bitcoin and that pivot ultimately defined their company's success.
ADVICE

Generate Alpha Around Bitcoin

  • Deploy small, focused allocations into opportunities that convert one Bitcoin into incremental Bitcoin exposure.
  • Prioritize structured, low-premium investments and back teams that can grow book value over time.
Get the Snipd Podcast app to discover more snips from this episode
Get the app