Lectures Bitcoin 2024 Conference Former President Donald Trump made several promises to the bitcoin community in Nashville on Saturday if he is elected president in 2024. Most notably, Trump said he would create a strategic national reserve of bitcoin as an economic asset.
“I want to tell the Bitcoin community that on the day I was sworn in, Joe Biden And the Kamala Harris anti-cryptocurrency movement will end. “The United States will become the cryptocurrency capital of the planet and the global Bitcoin superpower.”
President Trump vows to fire SEC chairman Gary Gensler On his first day in office, he announced he would appoint a new chairman who would be more friendly to Bitcoin and cryptocurrencies, and also said the government would hold 100% of Bitcoin rather than auction it, and would gradually build up the national reserve.
“Bitcoin represents freedom, sovereignty, and independence from government coercion and control,” Trump said. “If I’m elected president, Bitcoin and cryptocurrencies will soar like never before.”
The former president’s remarks were well received by the largely libertarian-leaning audience. Attendee Andrew Campbell told Wired: Trump They didn’t do that this time around, but not in 2016 and 2020. “I think we went too far to the left and we need to pick ourselves up a little bit and get back to center,” he said.
President Trump also reaffirmed his commitment to pardon the Silk Road founder. Ross Ulbricht On his first day in office, Ulbricht was sentenced to 40 years in prison without the possibility of parole, plus two life sentences. Trump argued that Bitcoin does not threaten the dollar, but that “the current U.S. government is threatening the dollar.”
Following Trump’s speech, Bitcoin surged more than 3% to its highest level in six weeks.
Independent presidential candidate Robert F. Kennedy Jr. He also spoke at the conference, promising to set aside 4 million bitcoin if elected. While Trump’s plans don’t go that far, they still show the Republican candidate’s strong support for bitcoin.
With Bitcoin shaping up to be a key issue in the 2024 election, Trump is clearly trying to court the growing Bitcoin and cryptocurrency faction within the Republican Party, and given the enthusiastic reception in Nashville, the strategy appears to be effective in sealing the Bitcoin vote.
