According to BlockBeats, on July 19, CryptoSlate reported that former US President Trump will make a landmark statement at the upcoming Bitcoin 2024 conference in Nashville. According to industry insiders, Trump may plan to use Bitcoin (BTC) as a strategic reserve asset for the United States.

Dennis Porter, co-founder of Satoshi Action Fund, who is also a conference participant, posted on social media that the most likely direction for Bitcoin to become a strategic reserve asset in the United States is to become the Exchange Stabilization Fund (ESF) of the US Treasury.

BlockBeats Note: At present, this incident is only a rumor. Before Trump issues a clear statement, there is no definite news.