🧵 The Crypto Industry’s Pulse: Bitcoin Nashville Insights ⬇️
Last week, Nashville played host to the annual Bitcoin conference, uniting crypto enthusiasts nationwide. From sensational statements to vibrant speeches, the event was a major highlight for the community. Here are the key takeaways:
Donald Trump’s Bold Statements:
- "One day I will fire Gary Gensler," declared @realDonaldTrump, earning a standing ovation.
- Trump predicted, "The United States will be the crypto capital of the planet and the Bitcoin superpower of the world."
- If elected, he promises to establish a strategic national reserve of bitcoins and insists, "Never sell your Bitcoin."
- Trump criticized Vice President Kamala Harris, labeling her as ‘anti-crypto’ and asserting that Bitcoin and crypto will surpass expectations.
- "There will never be a CBDC while I am president."
Robert Kennedy Jr.'s Plan:
- @RobertKennedyJr aims to create a strategic Bitcoin reserve by transferring over 200,000 BTC to the Treasury and purchasing Bitcoin daily to amass 4 million BTC.
- He plans to issue an executive order to overhaul IRS management of Bitcoin transactions, making them "unreportable" and non-taxable.
Edward Snowden’s Caution:
- Edward @Snowden acknowledged Bitcoin's progress but warned, "We are winning, but we haven’t won."
Michael Saylor’s Predictions:
- MicroStrategy CEO @saylor shared his Bitcoin future predictions:
- Bear case: $3M per coin
- Base case: $13M
- Bull case: $49M
Senator Cynthia Lummis’ Critique:
- @SenLummis criticized the SEC’s regulatory stance and advocated for new legislation to create a U.S. Bitcoin reserve of at least 1 million BTC, or 5% of the total supply.
The Bitcoin Conference 2024 was a showcase of influential voices making bold claims about Bitcoin’s future. This sets a promising stage for the next altseason.
