On 27 July 2024, former U.S. President Donald Trump gave a highly-anticipated speech at the Bitcoin 2024 conference in Nashville, United States.

🇺🇸 President Trump just arrived in Nashville for the #Bitcoin conference. pic.twitter.com/72K52cKtDb

— Vivek⚡️ (@Vivek4real_) July 27, 2024

JUST IN: 🇺🇸 President Trump arrives in Nashville for the #Bitcoin conference. pic.twitter.com/XRH5rA6Gmn

— Bitcoin Magazine (@BitcoinMagazine) July 27, 2024

Here are a few highlights from his pro-crypto speech:

  • He says there’s never been anything like Bitcoin.

  • He says Bitcoin is not just a marvel of technology but a miracle of cooperation and human achievement.

  • He claims that Bitcoin will one day probably surpass the market cap of gold.

  • He intends every bitcoin to be mined in the U.S., thereby making the U.S. the Bitcoin superpower of the world.

  • He defends the right to self custody of cryptoassets.

  • He pledges to fire the current U.S. SEC Chair, Gary Gensler, on day one of his presidency (assuming of course he wins the U.S. presidential election in November 2024) and appoint a new SEC Chair.

  • He promises that future crypto regulations will come from people who want the crypto industry to thrive.

  • He wants to create a regulatory framework for dollar-backed stablecoins, thereby making the US dollar even stronger.

  • He says that Bitcoin is not threatening the dollar, but the behaviour of the current US government is threatening the dollar.

  • He says crypto will skyrocket.

  • He says the U.S. government is one of the largest holders of Bitcoin.

  • He promises to hold 100% of all the bitcoins the U.S. government currently has and any that it obtains in the future.

🇺🇸 PRESIDENT DONALD TRUMP IS LIVE AT THE BITCOIN CONFERENCE NOW. https://t.co/HrNjH9meb7

— Bitcoin Magazine (@BitcoinMagazine) July 27, 2024

Featured Image via Pixabay