Last night, Trump spoke at the Bitcoin 2024 Conference and said a lot of positive things about Bitcoin. The specific content is as follows:
Trump is making plans to ensure that the United States will become the crypto center of the earth and the Bitcoin superpower in the world, hoping that the United States can lead other countries. Since its birth, the market value of Bitcoin has been getting higher and higher, and it will soon surpass silver and gold in the future.
At the meeting, it was also emphasized that the new presidential candidate Harris is against encryption, and the Biden and Harris governments are wrong to suppress Bitcoin. Trump said that he will fire the current SEC Chairman Gray Gensler on the first day of his presidency. (This view was thrown out and received 20 seconds of cheers on the scene).
It emphasized that every Bitcoin-related job will be kept in the United States in the future, and a Bitcoin/Cryptocurrency Presidential Advisory Committee will be appointed after taking office. In the future, billions of people will enter the encryption field and store their funds and Bitcoin. Those who say that Bitcoin is a threat to the US dollar are completely wrong. The future financial crisis does not come from encryption. The actions of the US government are the real threat to the US dollar.
During Trump's last term, Bitcoin rose 3,900%, from $898 when he took office to $35,900 on his last day in office. He plans to make the United States the country with the lowest energy and electricity costs after being elected president. By then, the United States will become an undisputed Bitcoin mining powerhouse, and Bitcoin and cryptocurrency will promote U.S. economic growth.
He also said that after being elected, the United States will not sell (100% retention) any Bitcoin, which will serve as the basis for strategic Bitcoin reserves. He also repeatedly promised that after being elected president, he would commute the sentence of Ross Ulbricht, the founder of Silk Road.
In general, Trump's speech at the Bitcoin Conference was very inspiring. The trend of Bitcoin also fluctuated with his speech. The rhythm of the trend will eventually be reflected in the structure. The good news is all bad news. Pay attention to the downward correction of 30 minutes in the day~
