For the first time, a sitting US Treasury Secretary has described Bitcoin as more than just a speculative frenzy. Scott Bessent’s post not only set Crypto Twitter on fire; it marked a monumental shift in the way policymakers view the number one crypto. It’s a far cry from the days when Bitcoin lurked on the fringes and was constantly attacked by regulators as the tool of choice for nefarious actors. Bersent posted:
“17 years after the white paper, the Bitcoin network is still operational and more resilient than ever. Bitcoin never stops. @SenateDems could learn from that.”
A turning point for Bitcoin in Washington
Until recently, the prevailing DC narrative labeled Bitcoin and the broader crypto market as a regulatory problem. It was a threat to financial stability, or at best a glittering casino for retail maniacs and anarchists. “Operation Chokepoint 2.0” was, as any crypto OG will tell you, less of a conspiracy and more of a coordinated campaign.
Banks are quietly cutting ties with the stock exchanges. Startups struggled to obtain basic compliance services. For a while, the message from the summit was clear: digital assets were not welcome at the US money table.
So the fact that the Treasury Secretary views Bitcoin as a system that the government should learn from rather than suppress is a headline that would have sounded like satire last year. More than that, it is a public recognition that Bitcoin is not just a financial game; it’s part of America’s critical, always-on infrastructure.
Why the approval of the Minister of Finance is so important
By drawing attention to Bitcoin’s uptime and resilience, Bessent rewrites the official script. This isn’t about wild price swings or ransomware headlines; far from it. Instead, it’s a subtle admission: Bitcoin is something the US can learn from, not just regulate into submission.
Tagging the Democrats in the Senate was also no coincidence. The legislative gridlock over policy has been brutal. The US government has been shut down for an entire month; something Bitcoin never does. The network has been on, processing transactions, crossing borders, surviving bear markets and proving itself block by block, despite the political storms.
Naturally, the Bitcoin community was proportionately euphoric about Bessent’s post. Hunter Horsley, CEO of Bitwise, commented:
“Are you bearish? See below. Bitcoin will become mainstream in 2025.”
Bitcoin lawyer and investor Mark Moss responded:
“This is how the US leads the way! Let’s go!”
What’s wild, though, is the context of this post. The atmosphere on Crypto Twitter has probably never been so bearish. Bitcoin’s price may be hovering around $110,000, but “Uptober” hardly produced the rally investors were expecting.
Analyst Will Clemente commented:
“The atmosphere in the crypto group chats I’m in is honestly just sad, people are completely giving up and switching to other asset classes if they haven’t already. Everyone seems jaded, depressed and defeated, and how can you blame them given the way BTC has traded this year.”
Social sentiment, alt-mania, memecoins, BTC, RWAs, none of it is a success. And yet here is the Treasury Secretary singing Bitcoin’s praises.
Regulatory roadblocks are decreasing. Big money is finally showing up with mandates. The market structure is maturing by the week, and leading institutions are quietly piling up their sats.
The market is changing. Retail and Bitcoin OGs are giving way to institutional investors. Bitcoin is maturing as an asset class and is no longer subject to the wild price swings of the past, when a message like this from a US Treasury Secretary would have sent the BTC price into orbit.
From Chokepoint to infrastructure
Despite the prevailing gloom, the significance of Bessent’s statement and this strange era of Bitcoin cannot be overstated. For most of its history, Bitcoin’s existence was labeled a threat by officials. It was something to be monitored, contained, suffocated, or at least taxed into submission. When a Treasury official defends its resilience and touts the system for its transparency and uptime, it’s more than just a bull signal. It’s an invitation.
Washington can still bicker, and the stories will continue to swirl. But one thing is clear: After years of shadowboxing, the US is finally taking Bitcoin off the blacklist and putting it squarely in the infrastructure conversation. As policymakers search for answers, perhaps it’s time they really learn something from the network that “never stops.”
