According to Blockworks, the Permissionless III conference was held in Utah and attracted cryptocurrency influencers and US senators. During the conference, the 2024 presidential election became the focus of discussion. Dan Tapiero, founder of 1Roundtable Partners and 10T Holdings, said that Trump's election is good for cryptocurrency, while Harris's election may be bad. However, he believes that the trend of putting all value on the blockchain is more important than one election.

Tom Emmer, the House Majority Whip, believes that Trump has changed his stance on cryptocurrencies and will support them. Jan van Eck, CEO of VanEck, pointed out that Meme Coin is a positive social response to the decline in trust in American institutions due to mobile transparency.

The meeting also discussed the trend of Bitcoin prices. Tapiero expects BTC to reach $150,000 to $180,000 in two years. Pantera Capital CEO Dan Morehead predicts that by August 2025, the price of Bitcoin will reach $117,000.