Today, Former United States president and current Republican candidate Donald Trump announced his intent to make the United States the crypto capital of the world, if elected in November.

After taking the stage an hour late, Trump addressed the crowd at the Bitcoin 2024 conference in Nashville, Tennessee, Trump said that he had great respect for the Bitcoin community, adding that “this is like the steel industry” when it was young.

He told the crowd he had "great respect for the Bitcoin community", adding that “this is like the steel industry” when it was young.

He also predicted that "one day" Bitcoin would overtake gold, gushing that "Bitcoin is not just a marvel of technology, as you know it's a miracle of cooperation and human achievement."

Trump turns up the heat

It didn't take long for Trump to pivot towards attacks on his political rival, stating that "I've got a low I.Q. opponent, I'm not talking about him I'm talking about her," apparently referring to presumptive Democrat nominee Kamala Harris.

The former president then pivoted to rhetoric surrounding the energy used by Bitcoin and AI and promising to use fossil fuels to create "so much electricity that you'll be saying please, President sir, we have too much electricity." He also reiterated plans to roll back federal incentives for electric vehicle and charging station manufacturers.

The crypto president

Trump also stated that he'd be the best candidate for the cryptocurrency and Bitcoin communities, stressing to the crowd that [if they voted him into the presidency] "you'll be so happy, you'll be so happy," before prompting the crowd to thank him for the job he was about to do.

"If crypto is going to define the future it's going to be mined, minted, and made in America. If Bitcoin is going to the Moon, as they asy, I want it be America that sends it there."

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