BREAKING: Trump’s Speech on Bitcoin Begins – Live Coverage

The moment most crypto investors have eagirly awaited this past few weeks - Donald Trump's keynote speech during the 2024 Bitcoin conference in Nashville, USA. At the end of the article you can follow the live coverage!

This is Trump’s first appearance in a crypto conference and holds significance due to the proabable impact that could have on the markets.

His speech follows that of Robert Kennedy jr., who proposed yesterday during his keynote, that he plans a serious investment in Bitcoin if elected president. He wants to make Bitcoin a reserve currency for the U.S. by buying 4 million BTC in total (500 BTC per day).

Besides delivering a speech, Trump is hosting a prominent fundraiser, with ticket prices peaking at over $844K. David Bailey, CEO of BTC Inc. and conference organizer, emphasized the growing alignment between the Bitcoin industry and Trump’s political stance.

During his presidency, Trump had openly criticized Bitcoin. In July 2019, he declared that he was “not a fan” of Bitcoin and other cryptocurrencies, arguing that their value was “not based on anything” and that unregulated crypto assets could facilitate illegal activities like drug trafficking. In a 2021 interview with Fox, he labeled Bitcoin a “scam” and expressed his preference for the US dollar as the primary global currency.

The ex-president, however, shifted his views, most likely to get the attention of the crypto community. Now his campaign strategies include accepting donations in crypto, pledging to end President Joe Biden’s “war on crypto,” and advocating for future Bitcoin mining to be conducted within the United States.

The crypto market is known to be influenced by comments from unfluential people like Donald Trump and Elon Musk, which makes the ex-president’s speech relatively important for the crypto markets.

LIVE COVERAGE:

• He said that in the future Bitcoin could overtake gold and that BTC is going to the moon: “The biggest jump in Bitcoin was when i was president“
• Trump also said that one of the reasons he showed up at the conference was that he wanted America to be first in the sector because China or other countries could take over the industry
• He said: “We want to be the first to embrace the technology“
• Former president also revealed his intentions to increase the country’s power generation capacity so that the U.S. can secure an advantage: “We need tremendous amount of electricity in the United States to dominate, and we will get that done… We are going to use fossil fuel to create electricity“
• In his opinion not everyone should drive electrical cars, we are going to get rid of that mandate
• He added: “We are going to create tremendous electric for AI and crypto technology to compete with China“
• According to him US will be the crypto capital of the planet and the bitcoin superpower of the world
• Trump believes that if the democrats win the selection they will be vicious with the crypto people, that Joe Biden is the worst human being and that the last election was rigged
• He also said: “God bless everybody involved in the Bitcoin world“
• According to Trump Kamala Harris is against crypto and is worst than Joe Biden
• Bitcoin stand for freedom and independence from government and control, The Biden – Harris administration repression against crypto and Bitcoin is wrong and Biden is the worst president of America
• Trump added: The day I take the office anti-crypto crusade… will be over. It will be done.
• BREAKING: On day one Trump will fire Gary Gensler, SEC Chairman
• He will end operation Choke Point 2.0
• The former president will immediately appoint crypto presidential advising council and said that there will never be a CBDC in the United States, saving the right for 
• “Bitcoin is not threatening the dollar, the behaviour of the current US government is;When i was president we didn’t have wars” said Trump
• He promised that “Bitcoin and crypto will skyrocket like never before; even beyond your expectations; we will stop the war with crypto and we are going to build our economy; we will stop the war with crypto and we are going to build our economy
• Trump: “This administration caused the biggest inflation in the history of our country; We are going to have a tremendous boom in our economy; The stock market is going up because people think Trump is going to be elected”
• “If we win this country is going to be booming like it never boomed before… We will lift the workers and we will reward success we will not punish success… I will make the Trump tax permanent and deliver mass tax cuts for families… No tax on TIPS”
• “I will make America the best place to create crypto business… We will end the inflation and we will end it quickly… Im gonna stop world war 3″
• Trump said: “We have more liquid gold under our feet than any other country in the world… We will be an undisputed Bitcoin mining house“
• Bitcoin and crypto will grow our economy… The USA government is among the largest holders of BTC… almost 210.000 Bitcoin tokens… Keep 100% of the Bitcoin that USA are holding… The government violated the rule “Never sell your Bitcoin”
• Trump: I will stop U.S. government selling seized Bitcoin… I will be the pro Bitcoin president that America needs… I will set you free and let you win, win, win.
• The former president again repeated that he will commute the sentence of Ross Ulbricht, saying it is enough
• “We are a failling nation right now but it won’t be for long… We will make USA and Bitcoin bigger, stronger and greater than ever before!… We will make that one of the greates industries in the world”