Donald Trump plans to designate Bitcoin as a strategic reserve asset for the U.S. At the Bitcoin 2024 conference in Nashville. He
At the Bitcoin 2024 conference in Nashville, Tennessee, on Saturday, July 27, Trump announced that once elected, he plans to maintain a national Bitcoin reserve and vowed never to sell any seized Bitcoin. This was received with cheers from the 3000 audience at the conference
The US will be the crypto capital of the planet and the Bitcoin superpower of the world.
Donald J. Trump
Never Sell Your Bitcoin
The price of Bitcoin (BTCUSD) surged to nearly $70,000 over the weekend, maintaining that level Monday morning as crypto enthusiasts increased their long bets following a speech by Donald Trump.
“Never sell your Bitcoin,” said former President t the biggest Bitcoin conference of the year
Trump stated his policy would be to retain 100% of the Bitcoin currently held or acquired by the US, emphasizing that his administration would not sell any Bitcoin. This seemed to reference the German sale of BTC, though he did not specify any names.
Trump emphasized his vision for Bitcoin, stating that retaining the cryptocurrency would establish the United States as a leader in the digital economy. He argued that holding Bitcoin could enhance future economic strategies and innovations.
“We need to be smart about our investments,” he proclaimed, noting that Bitcoin’s potential for significant appreciation makes it a valuable asset for the nation.
Trump Intends to Fire SEC Chairman to Drive Home his Intent to make Bitcoin a Strategic Reserve Asset
During his speech, one promise of his that met a raucous applause as a result of his statement of appointing a new SEC chairman
The moment I’m sworn in, the persecution stops, and the weaponization ends against your industry…I will appoint a new SEC chairman who believes that America should build the future, not block the future.
Donald Trump
Related: Harris’ campaign team wishes to amend Democratic Party ties with crypto sector
English 