Exciting times are ahead as the largest annual Bitcoin conference, Bitcoin 2024, is starting today in Nashville. And guess what? Today, Donald Trump is stepping up as a speaker, and we’re all eager to see what he has to say.
Trump has dubbed himself the “crypto candidate,” and this marks the first time a presidential candidate is attending this conference. It’s a big deal for the crypto community, and we’re all ears to hear his vision. Imagine the potential impact if Trump promises to add Bitcoin to the U.S. balance sheet if he becomes president. That’s actually the kind of support the crypto community is hoping for.
Trump’s Evolving Crypto Views
Crypto has turned into a hot topic this election period. Interestingly, Trump’s current stance on cryptocurrency shows quite a shift. Remember when he called Bitcoin a “scam against the American dollar” and warned that central bank digital currencies were “very dangerous”? He even described crypto as a “based on thin air” and declared he was “not a fan of bitcoin or other cryptocurrencies,” back in 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. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity….
— Donald J. Trump (@realDonaldTrump) July 12, 2019
Fast forward to today, and Trump claims he’s “good” with crypto, and he recently even launched his 4th NFT collection. His campaign is now also accepting donations in Bitcoin, Ether, Dogecoin, Solana, and other cryptocurrencies. His running mate, Senator J.D. Vance from Ohio, is also on board with crypto and owns a substantial amount of Bitcoin himself.
What Will Trump Say About Bitcoin?
We’re all on the edge of our seats, wondering what Trump will say about Bitcoin and crypto in general. So far, he hasn’t laid out a detailed plan on how he intends to support cryptocurrency and blockchain through policy. However, he did meet with crypto miners recently and suggested that all remaining Bitcoin should be produced in the U.S.
Other Speakers to Watch
Trump isn’t the only political figure at the conference. Presidential candidate Robert F. Kennedy Jr. is also set to speak about crypto. Kennedy has previously mentioned wanting to put the entire U.S. budget on the blockchain for transparency.
Former Republican presidential candidate Vivek Ramaswamy will be there too. He has been a strong supporter of crypto and has shared his plans for its future. Ramaswamy often spoke about ending Biden’s opposition to crypto and ensuring that Bitcoin and other cryptocurrencies are produced in America.
Plus, we’ll hear from well-known crypto advocates like renowned Bitcoin bull Michael Saylor from MicroStrategy, Cathie Wood from ARK Investment, and whistleblower Edward Snowden.
There has also been rumor of Elon Musk making an appearance, however this has not yet been confirmed. Considering his stance towards Bitcoin and other cryptocurrencies, as CEO of Tesla having Bitcoin on the company’s balance sheet, and the fact that he has openly endorsed Donald Trump, this is very much possible.
So, if you’re at the conference or following the updates, get ready for an intriguing few day. We’re all curious to see how Trump’s speech will impact the crypto world and what new ideas and promises will come from this gathering. Let’s see what unfolds!