What Did Trump Say at the Bitcoin Conference?
In his speech at the 2024 #Bitcoin Conference, Donald Trump promised to make America a leader in cryptocurrency technology.
Trump criticized the current Biden administration for its anti-crypto stance, stating that he plans to fire SEC Chairman Gary Gensler and appoint someone more crypto-friendly.
He also proposed creating a national $BTC "stockpiling" strategy and positioning Bitcoin as a permanent national asset.
In Trump's speech, he said that Bitcoin could become a valuable asset like gold in the future and that the market value of Bitcoin could exceed gold.
He stated that Bitcoin is a miracle of human cooperation and achievement. He also emphasized that he will be an innovative and supportive president regarding Bitcoin and cryptocurrencies.
Following his speech, although Bitcoin prices fell slightly, the cryptocurrency community's interest and support for Trump's cryptocurrency-friendly approach increased.
The reason why the price dropped during the speech was that it was already known that Trump was a cryptocurrency supporter and Bitcoin was priced before he made this speech.