At the Bitcoin Conference held in Nashville in 2024, the highly vocal former US President Trump spoke at the conference for nearly an hour. Trump has always been regarded as friendly to cryptocurrency. He also talked about many key points during the conference. Brother Shui also compiled some parts that I think are more important.
1. The future value of Bitcoin and cryptocurrencies
● Bitcoin has grown from an anonymous concept to the ninth largest asset in the world.
● The market value of Bitcoin will soon surpass that of silver, and the day when it will surpass gold is just around the corner.
2. Energy supply and economy
● Emphasize the importance of energy for technological development, especially for AI (artificial intelligence).
● Plans to build more power generation facilities, including using fossil fuels and nuclear energy, will provide more energy sources for Bitcoin mining
● Oppose the forced implementation of electric vehicles and emphasize multiple choices.
3. Cryptocurrency Regulation and Policy
● The United States needs to become the country with the highest Bitcoin stock, and will ensure that the United States will become the world center of the currency circle through relevant plans.
● After being elected, current SEC Chairman Gray Gensler will be fired (Gensler is considered unfriendly to cryptocurrencies), and a Presidential Advisory Committee on Cryptocurrency will be appointed in the future.
● After being elected, the United States will retain 100% of all Bitcoins as a strategic reserve for the future.
● Clearly oppose central bank digital currency (CBDC) and emphasize the right to self-custody.
4. Economic and Social Policies
● Plans to increase energy production, reduce energy costs, and promote economic prosperity.
● Advocate the elimination of hostile policies towards cryptocurrencies and encourage innovation and free markets.
● Commit to reforming the regulatory system to protect U.S. competitiveness and innovation.
● Increase the ability to control inflation through cryptocurrency and believe that Bitcoin will not affect the US dollar.
Brother Shui concluded.
This year, the world regards cryptocurrency as an indispensable economic issue. From BlackRock, the world’s largest asset management group, launching Bitcoin and Ethereum ETFs, to Trump personally attending the Bitcoin Conference to express his personal stance, Taiwan also has cryptocurrencies. Currency major Ge Rujun entered the Legislative Yuan, which shows that the cryptocurrency economic market has gradually moved from a niche into the public eye.
How to learn and correctly enter the market will be an important issue in the future.
