US Unlikely to Launch Bitcoin Reserve Until Other Nations Act First, Says Mike Alfred

US Waiting on Global Pressure Before Building Bitcoin Reserve

The United States is unlikely to begin purchasing Bitcoin for its newly authorized Strategic Bitcoin Reserve until other governments start doing the same, according to crypto investor and entrepreneur Mike Alfred.

Speaking on the Coin Stories podcast released on Tuesday, Alfred explained that Washington will not act proactively. Instead, it will respond only when “enough external pressure” forces policymakers to move.

“Once the US government recognizes that others are taking action before them, that will probably catalyze additional action in the future,” Alfred said.

YouTube source: https://www.youtube.com/watch?v=NkXgtp_LiPI

Bitcoin was trading near $91,683 at the time of the discussion.

Industry Leaders Urge Faster US Accumulation

Alfred’s comments come as several industry figures warn that the United States risks falling behind other nations accumulating Bitcoin at a faster pace. The fear is that the US could lose a strategic edge if it hesitates while emerging economies aggressively buy BTC.

Some analysts even argue that the US could be “front-run” by smaller nations positioning Bitcoin as a long-term reserve asset.

Bitcoin at $1 Million? Alfred Predicts Mass Government Adoption by 2033

Alfred reiterated his belief that Bitcoin will reach $1 million per coin by 2033, a more measured projection compared to the earlier timelines forecast by ARK Invest CEO Cathie Wood and Coinbase CEO Brian Armstrong, who both see a seven-figure BTC price as early as 2030.

By the time Bitcoin hits that threshold, Alfred expects that:

• Most governments will hold Bitcoin, directly or indirectly

• BTC will be treated as a mainstream strategic reserve asset

• Geopolitical competition will accelerate accumulation

Strategic Bitcoin Reserve Still Not Fully Operational

President Donald Trump signed an executive order in March to create a Strategic Bitcoin Reserve, using “budget-neutral” mechanisms to begin accumulation. However, the structure and implementation timeline remain unclear.

Galaxy Digital analyst Alex Thorn has previously stated that there is a “strong chance” the US could officially announce Bitcoin holdings this year, marking its first formal step into BTC as part of national reserves.

Growing Calls for Immediate Action

Alfred noted that only a few years ago, it “seemed impossible” that any US administration would acknowledge Bitcoin at all — and now, the country is debating national-level accumulation strategy.

But others warn that the US may still be moving too slowly.

Jan3 CEO Samson Mow said in June that the US “has to start accumulating Bitcoin this year” or risk being overtaken by countries like Pakistan that are already exploring reserve strategies.

Conclusion: The US May Act — But Only When It Has To

The message across the industry is consistent: while the US may eventually build a significant Bitcoin reserve, it is likely waiting for geopolitical and competitive pressure before making the first major purchase.

If Alfred’s timeline proves accurate, global government adoption could accelerate dramatically over the next decade — and the nation that moves first may gain a significant strategic advantage

See all our insights: Bitcoin World New