WATCH: Trump Speaks at 2024 Bitcoin Conference, Vows to Make US the "World's Cryptocurrency Leader"

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Published 2024-07-28
WATCH: Trump Speaks at 2024 Bitcoin Conference, Vows to Make US the "World's Cryptocurrency Leader"

Republican presidential candidate Donald Trump told a bitcoin conference on Saturday that the US must dominate the sector or China would, his latest move to court advocates of cryptocurrency, which Beijing has restricted and which he once dismissed as a "scam." Speaking at the Bitcoin 2024 convention in Nashville, Trump positioned himself as the pro-cryptocurrency candidate ahead of the Nov. 5 presidential election, saying he would make the US the world's cryptocurrency leader and embrace friendlier regulations than likely Democratic nominee Vice President Kamala Harris. The Republican Party has promised lighter regulation for crypto, and Trump has slammed Democrats' attempts to regulate the sector. "If we don't embrace crypto and bitcoin technology, China will, other countries will. They'll dominate, and we cannot let China dominate. They are making too much progress as it is," Trump said.

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All Comments (21)
  • @AmyWilferd
    Well, what makes me an outlier I guess! I am 57 year-old English immigrant, with zero interest in technology, and yet I am 110% committed to Bitcoin. I would describe myself as an extreme conservative/libertarian. I have been involved in UK politics for some time, and the main thing that drove me to study Bitcoin and ultimately recognise its value to Humanity was the threat posed by an over-weening government, first in the UK and lately in the US also. I regard the CBDC as the final brick in the wall of the totalitarian prison the world's governments are building for us. And Bitcoin is the ultimate defence against a tyrannical government.r.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Aldona Sabaniene, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
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  • Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 3.5Bitcoin to a decent 22Bitcoin in the space of a few months... I'm especially grateful to Bradford Jackson, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
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    Robert F Kennedy, Jr has a better plan for bitcoin.
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    Boring times in the market are the best times to hold and buy more on every dip.
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