Bitcoin Owners In The US On Track To Hit 100 Million, Says JD Vance

Source Bitcoinist

Bitcoin adoption in the United States is accelerating at an unprecedented pace, with several big companies and individuals steadily buying the flagship asset. The growing adoption in the US is evidence of the unwavering desire to own BTC, with the aim of hedging against failing financial systems.

A Growing Trust In Bitcoin Among US Citizens

While the vision to make the United States the crypto capital of the world, US Vice President JD Vance has made a bold projection about the adoption of Bitcoin in the country. Vivek Sen, a crypto reporter, shared a short clip video of Vance during a speech on the X platform, where the vice president predicted that Bitcoin owners in the country could double.

In the short clip video, JD Vance began by outlining the evolution of cryptocurrency and how significant it has become in the world. According to the vice president, cryptocurrency has proven to be a genuine and ground-up innovation in the last several years, or since its introduction. 

Vance also underlined how cryptocurrency and Bitcoin have impacted the lives of individuals and investors in the US since their inception. In his words, cryptocurrency is improving the lives of tens of millions of citizens in the country. 

The vice president highlighted that there are currently over 50 million citizens in the country who own Bitcoin or cryptocurrency, reflecting a robust interest in the assets. Despite the significant number of US BTC owners, Vance has expressed his confidence that the numbers will double in the short term, reaching 100 million holders.

Framing the digital asset as a key part of America’s financial future, Vance’s statement implies the growing public trust in decentralized currencies amid increasing concerns over inflation, monetary policy, and institutional control.

Furthermore, his comments highlight Bitcoin’s growing influence in mainstream debate and point to a possible change in policy toward accepting digital assets as a cornerstone of both national innovation and personal financial empowerment.

Crypto Could Become The Greatest Revolution In Finance Tech

US President Donald Trump has also highlighted Bitcoin and cryptocurrency’s role in revolutionizing the broader finance sector. Trump has continuously shown notable confidence in cryptocurrency, particularly Bitcoin, with the President now becoming the second most influential figure in the crypto space behind Tesla’s founder and billionaire Elon Musk.

According to the US President, cryptocurrency could be the greatest revolution in financial technologies since the inception of the Internet in 1983. With cryptocurrency gaining mainstream recognition, this bold support from Trump reflects the government’s understanding of the role that these assets are playing in the future of financial innovation.

Bitcoin
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Bull Run at Risk as Whales Sell and Retail Buys In LateThe tug of war between Bitcoin bulls and bears since the asset reached its all-time high of $122,054 on July 14 has kept prices largely rangebound. 
Author  Beincrypto
Aug 08, Fri
The tug of war between Bitcoin bulls and bears since the asset reached its all-time high of $122,054 on July 14 has kept prices largely rangebound. 
placeholder
Gold Price Forecast: XAU/USD remains capped under $3,400 ahead of US inflation dataThe Gold price (XAU/USD) attracts some sellers to near $3,390 during the early Asian session on Monday.
Author  FXStreet
4 hours ago
The Gold price (XAU/USD) attracts some sellers to near $3,390 during the early Asian session on Monday.
placeholder
EUR/USD holds gains around 1.1650 due to cautious tone surrounding ECB outlookEUR/USD edges higher after registering losses in the previous session, trading around 1.1650 during the Asian hours on Monday.
Author  FXStreet
4 hours ago
EUR/USD edges higher after registering losses in the previous session, trading around 1.1650 during the Asian hours on Monday.
placeholder
Ethereum Surges Past $4,300 as Markets Await Pivotal CPI DataOver the weekend, Fed Vice Chair Michelle Bowman’s unexpected remarks fueled Ethereum’s surprise rise.
Author  Beincrypto
4 hours ago
Over the weekend, Fed Vice Chair Michelle Bowman’s unexpected remarks fueled Ethereum’s surprise rise.
placeholder
Top 3 Price Prediction: BTC nears record highs, ETH and XRP follow suitBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) kicked off the week on a bullish note, with BTC inching closer to its record high of $123,218.
Author  FXStreet
2 hours ago
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) kicked off the week on a bullish note, with BTC inching closer to its record high of $123,218.
goTop
quote