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Mike Belshe suggests that using a public blockchain could address issues of state and federal fraud without the need to repeal existing money systems.
He proposes that wallet addresses of NGOs should be registered and made publicly accessible, allowing citizens to monitor transactions. Belshe believes public oversight enabled by blockchain technology would be sufficient to resolve concerns about fraud.
Belshe has previously discussed how BitGo helps companies like Fold offer bitcoin trading in the U.S. using OCC-backed licensing. He also introduced a product that enables BTC holders to borrow or lend against fully collateralized bitcoin. These initiatives reflect his ongoing involvement in crypto infrastructure and transparency efforts.