2024 U.S. presidential election candidate Trump gave a speech at the Bitcoin Conference 2024. He showed his support for Bitcoin and the cryptocurrency industry, and said that those involved in the Bitcoin movement are smart people, and emphasized that "Bitcoin is going to the moon", the following are the key points Trump focused on Bitcoin and cryptocurrencies in his speech:
“It’s hard to believe that 15 years ago Bitcoin was just an unknown idea that emerged on a forum, and today it has become one of the 9th most valuable assets.”
"Bitcoin is not just a technology, it is a miracle of human collaboration."
"Bitcoin's market value will definitely surpass silver, and one day it will naturally surpass gold."
"All those involved in Bitcoin are smart people, people with high IQ and vision."
"The United States will definitely become the global Bitcoin capital and Bitcoin power"
"If Bitcoin is going to define our future, I will make sure Bitcoin is made in the United States."
「Bitcoin is going to the moon」
“We were the first to accept Bitcoin and cryptocurrency donations and have raised $25 million worth of cryptocurrency since May 21st.”
"On day one of my election, I will fire current SEC Chairman Gary Gensler."
"After being elected, a Bitcoin and Cryptocurrency Advisory Committee will be formed, and this matter will be completed within 100 days."
"After being elected, the Bitcoins currently held by the United States will be retained, and the confiscated Bitcoins will not be sold."
"The attitude of He Jinli's team towards Bitcoin is wrong. Their attitude is very detrimental to the future development of the United States."
"I will be a pro-Bitcoin, pro-tech president"
Since Trump spent a lot of time talking about his political achievements and election platform in his speech, the content about cryptocurrency was relatively vague, and he did not propose a policy to support Bitcoin in substance. Therefore, the price of Bitcoin began to fall in the latter part of Trump’s speech. The price fell from a high of $69,400 to $67,000 levels.
Before the speech began, David Bailey, CEO of Bitcoin Magazine, the organizer of the Bitcoin Conference, presented a Bitcoin to Trump on behalf of all Bitcoin holders, and hoped that Trump would lead the United States to become a Bitcoin-friendly country.
Kennedy Jr. promised to build a reserve of 4 million Bitcoins if elected
2024 U.S. presidential election independent candidate Robert J. In his speech, Robert F. Kennedy Jr. promised to establish a U.S. reserve of at least 4 million Bitcoins if elected, and promised to protect the privacy of Bitcoin transactions and exempt citizens from reporting relevant information to the Internal Revenue Service.
Regarding former President Trump’s plans for Bitcoin, Kennedy Jr. said “I welcome President Trump’s enthusiasm for Bitcoin.” At the same time, he emphasized: “I am a loyal supporter of Bitcoin and have invested most of my wealth. Get invested in cryptocurrencies.”
Michael Saylor predicts Bitcoin could hit at least $13 million
Michael Saylor, executive chairman and founder of MicroStrategy, boldly predicted at the meeting that the market value of Bitcoin will soar to US$280 trillion by 2045. One Bitcoin is worth at least 13 million US dollars, and has a chance of reaching US$49 million. He said Bitcoin will eventually surpass traditional assets such as art and gold to become a mainstream value asset.
〈[Bitcoin Conference 2024] Trump: “Bitcoin is going to the moon”〉 This article was first published in "Blocker".
