Donald Trump made a delayed appearance at the Bitcoin Conference, where he addressed attendees with fervor. He praised the Bitcoin community, likening its spirit to that which built America. Trump boldly proclaimed Bitcoin’s potential to supplant gold, hailing it as a marvel of human achievement and solidarity.
Expressing concern over China potentially overtaking the US in technology, Trump advocated for widespread adoption of cryptocurrencies. He drew parallels between Bitcoin and the steel industry a century ago, emphasizing the need for American leadership in this burgeoning sector.
Promising increased electricity generation for AI and Bitcoin mining, Trump assured the crowd of continued use of fossil fuels in a cleaner manner. He envisioned the US becoming the global hub for crypto innovation, vowing to prevent job losses to other countries.
Highlighting his stance against CBDCs and his commitment to protecting cryptocurrency rights, Trump proposed the formation of a Bitcoin advisory council to ensure fair regulation. He claimed credit for Bitcoin’s exponential growth during his presidency compared to recent years.
In a rallying call, Trump urged Americans to retain their Bitcoin holdings, promising to halt government sales of seized Bitcoin and create a strategic national Bitcoin reserve if elected.
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