Global leaders and top executives who once dismissed Bitcoin as worthless now recognize it as digital gold and a cornerstone of the financial system.
Jerome Powell (Federal Reserve Chair):
2021 — Bitcoin is “highly volatile and therefore not really useful stores of value, and [isn’t] backed by anything.”
2024 — “It’s like gold, only it’s virtual gold… it’s really a competitor to gold.”
Donald Trump (President):
2019 — “I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air.”
2025 — “Together we will make America the undisputed Bitcoin superpower.”
Larry Fink (CEO, BlackRock):
2017 — Bitcoin is “an index of money laundering.”
2024 — “My opinion five years ago was wrong… I believe bitcoin is legitimate.”
Jamie Dimon (CEO, JP Morgan):
2023 — “Bitcoin itself is a hyped-up fraud. It’s a pet rock.”
2025 — “We’re going to accommodate… It’s what the customer wants.”
Mark Cuban (Businessman):
2019 — “I’d rather have bananas [than bitcoin]. I can eat bananas.”
2025 — “I think it has more value than gold.”
Michael Saylor (Chairman, Strategy):
2013 — “[Bitcoin’s] days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling.”
2025 — “Bitcoin is harder, stronger, faster, and smarter than any money that has preceded it.”