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Summary of Donald Trump's impressive speech at the Bitcoin2024 conference. 🇺🇲🪙 Former President Donald Trump delivered a compelling speech at the Bitcoin2024 conference, outlining his vision for the future of cryptocurrency in the United States. 📍Here are the key points he addressed: 🔹Trump boldly declared that Bitcoin will surpass gold in value and significance, positioning it as the premier store of value for the future. 🔹He envisions the USA as the global hub for cryptocurrency, driving innovation and adoption worldwide. 🔹On his first day back in office, Trump promised to fire Gary Gensler, the current chair of the Securities and Exchange Commission, signaling a shift towards more favorable crypto regulations. 🔹If elected, Trump assured there will be no Central Bank Digital Currency (CBDC), preserving financial privacy and autonomy. 🔹He announced plans to establish a dedicated crypto advisory council to guide the administration on blockchain and digital assets policy. 🔹Trump is confident that Bitcoin and the broader crypto market will exceed all expectations, contributing significantly to the economy. 🔹He proposed the creation of a strategic Bitcoin reserve for the USA, ensuring national financial security through digital assets. 🔹Trump aims to transform the USA into the world's leading hub for crypto mining, leveraging the nation's resources and technology. 🔹Lastly, he vowed not to sell the US Government's Bitcoin holdings, maintaining a strong position in the crypto market. This vision presents a future where the USA leads in cryptocurrency innovation and adoption, driving the global financial ecosystem forward. #Bitcoin2024 #TrumpCrypto #BitcoinEconomy #donaldtrump #Bitcoin2024Conference
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According to Michael Saylor, the price of #Bitcoin in 2045 will be 3 million dollars in the worst-case scenario, 13 million dollars under normal circumstances, and 49 million dollars in optimistic estimates. 🪙 Write in the comments what you think about this topic. 💬 #michaelsaylor #Saylor #MicroStrategу #bitcoin #BTC
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Russia Ventures into Regulated Crypto Trading. 🇷🇺 Russia's State Duma is exploring legislation to permit cryptocurrency trading on authorized exchanges, overseen by the Central Bank. This initiative aims to foster digital financial innovation through a controlled experimental framework. 📍Three pilot projects are planned: 🔹Using digital currency in international trade. 🔹Enabling trading on licensed exchanges. 🔹Establishing a national operator for digital currency settlements. These endeavors aim to test novel approaches for crypto trading while safeguarding investors and managing risks. A new framework will assess risk management systems and their effectiveness. Notably, the legislation does not prohibit exchanges outside these experimental zones. Should the law pass, the Central Bank could initiate the program by September 1, 2024, setting rules for digital currency trading. This marks a shift from the Central Bank's historical stance, likely driven by external pressures. The proposal to legalize stablecoins for international transactions could boost trade among BRICS nations and counter Western sanctions. These developments could position Russia as a significant player in the crypto landscape, potentially impacting the global financial market. #Russia #cryptoregulation #Regulation #BRICS #DUMA
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