{"id":134252,"date":"2024-07-27T22:59:12","date_gmt":"2024-07-27T19:59:12","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134252"},"modified":"2024-07-27T23:54:07","modified_gmt":"2024-07-27T20:54:07","slug":"breaking-trumps-speech-on-bitcoin-begins-live-coverage","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/breaking-trumps-speech-on-bitcoin-begins-live-coverage\/","title":{"rendered":"BREAKING: Trump&#8217;s Speech on Bitcoin Begins &#8211; Live Coverage"},"content":{"rendered":"<p>This is Trump\u2019s first appearance in a crypto conference and holds significance due to the proabable impact that could have on the markets.<\/p>\n<p>His speech follows that of Robert Kennedy jr., who proposed yesterday during his keynote, that he plans a serious investment in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>if elected president. He <strong><a href=\"https:\/\/cryptodnes.bg\/en\/here-is-kennedys-bold-plan-to-integrate-bitcoin-in-the-u-s-economy\/\">wants<\/a> <\/strong>to make Bitcoin a reserve currency for the U.S. by buying 4 million BTC in total (500 BTC per day).<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/cardano-to-dethrone-bitcoin-in-the-future-according-to-charles-hoskinson-here-is-why\/\" title=\"Cardano to Dethrone Bitcoin in the Future, According to Charles Hoskinson \u2013 Here is Why\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/charles-hoskinson-1024x538-1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Cardano to Dethrone Bitcoin in the Future, According to Charles Hoskinson \u2013 Here is Why<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>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\u2019s political stance.<\/p>\n<p>During his presidency, Trump had openly criticized Bitcoin. In July 2019, he declared that he was \u201c<em>not a fan<\/em>\u201d of Bitcoin and other cryptocurrencies, arguing that their value was \u201c<em>not based on anything<\/em>\u201d and that unregulated crypto assets could facilitate illegal activities like drug trafficking. In a 2021 interview with Fox, he labeled Bitcoin a \u201cscam\u201d and expressed his preference for the US dollar as the primary global currency.<\/p>\n<p>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\u2019s \u201cwar on crypto,\u201d and advocating for future Bitcoin mining to be conducted within the United States.<\/p>\n<p>The crypto market is known to be influenced by comments from unfluential people like Donald Trump and Elon Musk, which makes the ex-president\u2019s speech relatively important for the crypto markets.<\/p>\n<p><strong><a href=\"https:\/\/www.youtube.com\/watch?v=Kk3La9zQOuA\" target=\"_blank\" rel=\"nofollow\">LIVE COVERAGE:<\/a><\/strong><\/p>\n<ul>\n<li>He said that in the future Bitcoin could overtake gold and that <span style=\"font-family: inherit;\"><span style=\"font-family: inherit;\">BTC is going to the moon: \u201c<\/span><\/span><span style=\"font-family: inherit;\"><em>The biggest jump in Bitcoin was when i was president<\/em>\u201c<\/span><\/li>\n<li>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<\/li>\n<li>He said: \u201c<span style=\"font-family: inherit;\"><em>We want to be the first to embrace the technology<\/em>\u201c<\/span><\/li>\n<li>Former president also revealed his intentions to increase the country\u2019s power generation capacity so that the U.S. can secure an advantage: \u201c<span style=\"font-family: inherit;\"><span style=\"font-family: inherit;\"><em>We need tremendous amount of electricity in the United States to dominate, and we will get that done\u2026 <span style=\"font-family: inherit;\">We are going to use fossil fuel to create electricity<\/span><\/em><\/span><\/span><span style=\"font-family: inherit;\">\u201c<\/span><\/li>\n<li>In his opinion not everyone should drive electrical cars, we are going to get rid of that mandate<\/li>\n<li>He added: \u201c<span style=\"font-family: inherit;\"><em>We are going to create tremendous electric for AI and crypto technology to compete with China<\/em>\u201c<\/span><\/li>\n<li>According to him <span style=\"font-family: inherit;\">US will be the crypto capital of the planet and the bitcoin superpower of the world<\/span><\/li>\n<li>Trump <span style=\"font-family: inherit;\" data-dobid=\"hdw\">believes <\/span><span style=\"font-family: inherit;\">that i<\/span><span style=\"font-family: inherit;\"><span style=\"font-family: inherit;\">f the democrats win the selection they will be vicious with the crypto people, that <\/span><\/span><span style=\"font-family: inherit;\"><span style=\"font-family: inherit;\">Joe Biden is the worst human being and that t<\/span><\/span><span style=\"font-family: inherit;\">he last election was rigged<\/span><\/li>\n<li>He also said: \u201c<em>God bless everybody involved in the Bitcoin world<\/em>\u201c<\/li>\n<li>According to Trump Kamala Harris is against crypto and is worst than Joe Biden<\/li>\n<li>Bitcoin stand for freedom and independence from government and control, <span style=\"font-family: inherit;\">The Biden \u2013 Harris administration repression against crypto and Bitcoin is wrong and Biden is the worst president of America<\/span><\/li>\n<li>Trump added: <span style=\"font-family: inherit;\">The day I take the office anti-crypto crusade\u2026 will be over. It will be done.<\/span><\/li>\n<li>BREAKING: <span style=\"font-family: inherit;\">On day one Trump will fire Gary Gensler, SEC Chairman<\/span><\/li>\n<li>He will end operation Choke Point 2.0<\/li>\n<li>The former president will immediately appoint crypto presidential advising council and said that t<span style=\"font-family: inherit;\">here will never be a CBDC in the United States, saving the right for\u00a0<\/span><\/li>\n<li>\u201c<em>Bitcoin is not threatening the dollar, the <span style=\"font-weight: 400;\">behaviour<\/span>\u00a0of the current US government is;<\/em><span style=\"font-family: inherit;\"><em>When i was president we didn\u2019t have wars<\/em>\u201d said Trump<\/span><\/li>\n<li>He promised that \u201c<em><em><span style=\"font-family: inherit;\">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; <span style=\"font-family: inherit;\">we will stop the war with crypto and we are going to build our economy<\/span><\/span><\/em><\/em><\/li>\n<li>Trump: \u201c<em>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\u201d<\/em><\/li>\n<li><em>\u201cIf we win this country is going to be booming like it never boomed before\u2026 We will lift the workers and we will reward success we will not punish success\u2026 I will make the Trump tax permanent and deliver mass tax cuts for families\u2026 No tax on TIPS\u201d<\/em><\/li>\n<li><em><em>\u201cI will make America the best place to create crypto business\u2026 We will end the inflation and we will end it quickly\u2026 <\/em>I<span style=\"font-family: inherit;\">m gonna stop world war 3\u2033<\/span><\/em><\/li>\n<li>Trump said: \u201c<em><em>W<span style=\"font-family: inherit;\">e have more liquid gold under our feet than any other country in the world\u2026 W<span style=\"font-family: inherit;\">e will be an undisputed Bitcoin mining house<\/span><\/span><\/em><\/em><em><span style=\"font-family: inherit;\">\u201c<\/span><\/em><\/li>\n<li><em>Bitcoin and crypto will grow our economy\u2026 The USA government is among the largest holders of BTC\u2026 almost 210.000 Bitcoin tokens\u2026 Keep 100% of the Bitcoin that USA are holding\u2026 The government violated the rule \u201cNever sell your Bitcoin\u201d<\/em><\/li>\n<li>Trump<em><em>: <\/em>I will stop U.S. government selling seized Bitcoin\u2026 I will be the pro Bitcoin president that America needs\u2026 <span style=\"font-family: inherit;\">I will set you free and let you win, win, win.<\/span><\/em><\/li>\n<li>The former president again repeated that he will commute the sentence of <span style=\"font-family: inherit;\">Ross Ulbricht<\/span><span style=\"font-family: inherit;\">, saying it is enough<\/span><\/li>\n<li><em>\u201cWe are a failling nation right now but it won\u2019t be for long\u2026 We will make USA and Bitcoin bigger, stronger and greater than ever before!\u2026 We will make that one of the greates industries in the world\u201d<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The moment most crypto investors have eagirly awaited this past few weeks &#8211; Donald Trump&#8217;s keynote speech during the 2024 Bitcoin conference in Nashville, USA. At the end of the article you can follow the live coverage!<\/p>\n","protected":false},"author":3,"featured_media":114085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-134252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BREAKING: Trump&#039;s Speech on Bitcoin Begins - Live Coverage<\/title>\n<meta name=\"description\" content=\"The moment most crypto investors have eagirly awaited this past few weeks - Donald Trump&#039;s keynote speech during the 2024 Bitcoin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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