Bitcoin
Donald Trump to speak at Bitcoin conference
Donald Trump, who has declared himself as a “crypto candidate”, will speak in Bitcoin Conference in Nashville, Tennesseewhich will begin tomorrow. He will speak at 2 pm CT on July 27th for 30 minutes at the close of the conference.
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While this is the first time a presidential candidate has attended the conference — the world’s largest annual Bitcoin celebration — it has sparked debate over whether Trump will receive support from the cryptocurrency community in the upcoming election.
Cryptocurrency is now Trump’s new favorite
This election year, crypto has emerged as a political topic. Trump’s stance on cryptocurrency represents a significant turnaround. A few years ago, he denounced Bitcoin as “a blow against the US dollar” and said that central bank digital currencies are “very dangerous.” In recent years, he has said that cryptography is “a disaster waiting to happen” and that he is “not a fan of it.”
Now he says he is “good” with cryptocurrencies. Furthermore, the Trump campaign is accepting donations orIt is Bitcoin, Ether, Dogecoin, Solana and other cryptocurrencies. From him running mate for vice president, Senator J.D. Vance of Ohioo, is also a pro-crypto leader who has Bitcoin holdings through Coinbase valued between $100,001 and $250,000.
The crypto community is eager to see what Trump has to say about crypto. Trump has not yet stated how he plans to support the growth of cryptocurrency and blockchain through policy. However, He met with cryptocurrency miners last month and said that all remaining Bitcoin should be created in the US.
Cryptocurrency expert and former senior adviser to Joe Biden Moe Vela told Quartz earlier this month that Trump speaking at the Bitcoin conference is a smart move, however, he will “just say what your audience wants to hear.”
Nashville has become a political arena. Who else is participating?
The Nashville Bitcoin conference has become a political playground. In addition to Trump, independent presidential candidate Robert F. Kennedy Jr. will also discuss crypto during the conference. Another crypto-friendly candidate, Kennedy once said he would like to put the entire US budget on the blockchain so that any American can access it at any time.
Vivek Ramaswamy, a former 2024 Republican US presidential candidate and a crypto-friendly leader, will also be speaking at the conference. Until last year, he was the only Republican leader who supported cryptocurrencies and had plans for their future. He garnered a lot of support from the crypto community before withdrawing from the presidential race. In his speeches, He frequently stated that he wanted to end Biden’s war on crypto and ensure that cryptocurrencies and Bitcoin were made in America.
Cryptocurrency advocates such as ARK Investment’s Cathie Wood, MicroStrategy’s Michael Saylor and whistleblower Edward Snowden are among some of the high-profile names set to attend the conference.