Donald Trump appeared on stage at the Bitcoin Conference about an hour late.
President Trump is now counting the names of those who attended the conference and expressing his gratitude.
Headlines from Donald Trump’s comments:
“This is the spirit that built America,” he said of the Bitcoin community. He said that one day Bitcoin will replace gold. He said BTC is a miracle of human achievement and “great” unity. If we don’t adopt crypto, China will. I don’t want China to succeed, I want the United States to be number one in technology. We will adopt crypto and Bitcoin technology. Bitcoin is like the steel industry 100 years ago. We have to be the most successful in this. He promised to generate more electricity to run artificial intelligence and Bitcoin. And to do that, he promises that we will continue to use fossil fuels even if it is a clean way. He said the United States will be the crypto capital and I want the United States to lead in that direction. If crypto defines the future, I want it to be mined, minted and produced in the United States. Crypto will go to the moon. I want America to be the country that leads this. We generate so much electricity that we beg you to stop. Kamala Harris is against crypto. SEC Chairman said he will fire Gensler.”They manipulated you with Operation Chokepoint 2.0,” he said to the Bitcoin community. When I take office, I will formally appoint a Bitcoin and Cryptocurrency Advisory Board. Their task will be to create transparent guidance, which we expect to complete within 100 days. The rules will be written by people who love the industry, not people who hate it. When I become President of the United States, there will be no such thing as a CBDC. I will always defend your right to self-manage your cryptocurrency. I will not allow Bitcoin jobs or businesses to be exodused to other countries. All Bitcoin businesses must be in the United States. Those who believe Bitcoin is a threat to the US dollar are telling the story backwards. President Trump called Bitcoin “not just a wonder of technology, but a miracle of collaboration and human achievement.” Donald Trump said Bitcoin has risen more than it has ever risen in his time. During my first term, Bitcoin rose more than 3,000%. It only rose 50% under Biden’s administration. He said that if he becomes president, Bitcoin will soar higher than it has ever risen before. Millions of people will be instructed to store their savings in Bitcoin. President Trump praised Bitcoin users for understanding inflation “more than anyone else,” saying, “I wish they would have listened to you, but they didn’t!” I will stop World War III. Never sell Bitcoin. I will stop the U.S. government from selling Bitcoin that it has seized. He said the government would keep 100% of Bitcoin. Trump said he would create a strategic national Bitcoin reserve if elected. Trump said he would create a strategic national Bitcoin reserve if elected.
*This is not investment advice.
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