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Trump Promises National Bitcoin Reserve at Nashville Conference
#TRUMP #Bitcoin #BitcoinConference #BTC $BTC

Trump's Bold Crypto Promises
At the Bitcoin Conference in Nashville, former President Donald Trump pledged to create a "strategic national bitcoin reserve" and vowed the government would "never sell" its seized bitcoin. His commitment strengthened his support among crypto enthusiasts.

Crypto Community's Expectations
Before the event, there was anticipation that Trump might announce such a reserve. Speaking to over 3,000 attendees, Trump emphasized the importance of mining, minting, and making bitcoin in the U.S. He also unveiled a comprehensive crypto policy covering stablecoin regulation and the right to self-custody bitcoin.

Bitcoin's Political Journey
Trump's speech marked bitcoin's rise as a significant political topic. He highlighted the need to embrace digital assets to prevent China's dominance, likening crypto to the steel industry of a century ago and predicting it would surpass gold in value.

Criticism of Opponents
Trump warned that a Democratic win would be disastrous for the crypto industry, promising to fire SEC Chair Gary Gensler and establish a bitcoin advisory council if elected.

Campaign Fundraising Success
Following a major fundraising event, Trump raised tens of millions from crypto executives. His appearance at the conference, where thousands gathered to see him, signaled a major shift in his stance on digital assets.

Acknowledging Crypto Leaders
Trump thanked event organizers and acknowledged figures like Tyler and Cameron Winklevoss of Gemini, and Michael Saylor of MicroStrategy.

Crypto's Role in the 2024 Election
Trump's declaration as the crypto industry's candidate has shifted support from Democratic voters to him. His stance against perceived regulatory overreach from the Biden administration has garnered significant backing.