Donald Trump speech at the Bitcoin 2024, pledges to support Bitcoin, fire Gensler, free Ross Ulbrecht. Bitcoin has never been closer to becoming the world's reserve currency.

Bitcoin war noch nie so nahe dran, offiziell die Reserve-Währung der Welt zu werden wie jetzt.

Mittlerweile sind zwei Präsidentschaftskandidaten in den USA offiziell Pro-Bitcoin. Das hat es noch nie gegeben.

Auch Harris wurde zur Bitcoin Conf 20024 in Nashville eingeladen, hat aber abgesagt. Bin aber gespannt, wie sich Harris positionieren wird.

Donald Trump hat eine sehr starke Rede gehalten, war gut vorbereitet und hat das Publikum begeistert, und hat es geschafft sich als Anti-Establishment-Kandidat und Pro-Bitcoin-Kandidat zu präsentieren.

Trump hat seine Meinung zu Bitcoin verglichen zu 2019 um 180-Grad geändert, was aber mittlerweile glaubwürdig ist, da er selber bereits NFT-Projekte forcierte und seit Mai auch Spenden in Krypto akzeptiert.

Noch einen Schritt weiter geht der unabhängige Kandidat Robert F. Kennedy Jr. (RFK). Er würde eine Executive Order erlassen, damit die USA jeden Tag 550 Bitcoin im Wert von zig Millionen Dollar kauft, bis die USA 4 Millionen Bitcoin als Reserve aufgebaut hat.

Denke, wenn nicht noch ein Attentat dazwischenkommt, könnte Trump tatsächlich wieder Präsident werden.

Was sagt ihr zu den Versprechen von Trump und Kennedy auf der Bitcoin 2024-Konferenz? Warum spielt Krypto in diesem Wahlkampf plötzlich so eine große Rolle? Könnte Bitcoin tatsächlich die Weltreservewährung werden? Wie wird sich Kamala Harris nach dem Auftritt von Trump und RFK positionieren? Wird sie am Anti-Krypto-Kurs von Biden festhalten?

Trump at the Bitcoin 2024 Conference in Nashville

Video credit: Bitcoin Magazine

https://x.com/CollinRugg/status/1817298331355500999

RFK Jr. pledges to buy Bitcoin as the US president

https://x.com/Holden_Culotta/status/1816954196949901547

Kamala Harris declined the invitation to speak at the Bitcoin 2024 conference

https://x.com/Dennis_Porter_/status/1817263826921718236

https://x.com/sashahodler/status/1816150199762297167

Bitcoin 2024 Conference

https://b.tc/conference/2024

Upcoming Bitcoin Conferences

https://b.tc/conference

English

Bitcoin has never been closer to officially becoming the world's reserve currency than now.

Two presidential candidates in the U.S. are now officially pro-Bitcoin. That has never happened before.

Harris was also invited to Bitcoin Conf 20024 in Nashville, but declined. Curious to see how Harris will position herself.

Donald Trump gave a very strong speech, was well prepared and inspired the audience, and managed to present himself as an anti-establishment and pro-Bitcoin candidate.

Trump has changed his opinion on Bitcoin by 180 degrees compared to 2019, but this is now credible as he has already been releasing NFT projects in the meantime and has been accepting donations in crypto since May.

The independent candidate Robert F. Kennedy Jr. (RFK) goes even one step further. He would issue an executive order to buy 550 Bitcoin worth tens of millions of dollars every day until the US has built up 4 million Bitcoin as a reserve.

I think that, barring another assassination attempt, Trump is likely going to become president again.

What do you think of the pledges made by Trump and Kennedy at the Bitcoin 2024 conference? Why is crypto suddenly playing such a big role in this election campaign? Could Bitcoin really become the world's reserve currency? How will Kamala Harris position herself after Trump and RFK's appearance? Will she remain anti-crypto as Biden?

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16 comments

Trump's shift from being anti-Bitcoin to pro-Bitcoin is interesting at least it shows how politics can adapt to new trends.

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I think that it's good news for the crypto space, but I still think it's far from reaching a reserve currency status. The establishment won't be so accepting of it even if they consider it a good asset.

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wow! buying 550 bitcoin per day would be crazy but good for crypto. i hope they are not just using bitcoin to get some votes.

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As a non American, I would like Trump to win just because I think it would benefit cryptocurrenices the best.

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Trump says a lot when the day is long and his statements are usually imprecise and in many cases he tends to say what the respective audience wants to hear, since it is primarily about either attracting voters and/or winning over influential donors.

In any case, Bitcoin will play no essential role as the world's currency reserve at least for the nearer future. That becomes apparent when you look at the numbers.

The current total value of all Bitcoins, also known as market capitalization, is approximately $1.32 trillion.

The total value of all Gold in circulation has a total value of approximately $12.5 trillion - with the current value of the world's gold reserves, which are about 35,939 tons, being about $2.2 trillion.

The combined foreign reserves of all countries worldwide are approximately $12 trillion with the US dollar's share of global foreign exchange reserves accounting for approximately 59.53%.

If the USA were to force the replacement of USD with cryptocurrencies, it would weaken the dollar because demand would decline (USD would be sold in favor of cryptocurrencies), and the financial market would become very unstable as the prices of cryptocurrencies fluctuate very strongly. Regulatory uncertainties and the lack of widespread acceptance also speak against this. Safety concerns also play a role.

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Good points, I think if Bitcoin is slowly adopted as a national reserve currency, it will become less and less volatile over time, similar to gold nowadays. We also see this development already, Bitcoin is far less volatile than 1 or 2 cycles before.

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Mr. Trump changes his mind more often than his underwear. But if it is personally beneficial to him for the US to adopt cryptocurrencies, he may be serious.

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Ansich gut, aber:

Bei Trump kann ich mir gut vorstellen, dass er inzwischen selber welche besitzt und damit nur den Wert dieser steigern will, wohl nachdem das mit den NFT nicht so gut gelaufen ist. Zumindest hatte ich nur den Titel gelesen, das er neue NFT raus bringt obwohl die ersten nicht mahl ausverkauft sind!?

Bei Kennedy zeigt, wenn du richtig zitiert hast, eine gewisse Unwissenheit. Denn ich bezweifel stark, dass es möglich wäre das die USA täglich 550 BTC kauft bis 4 Mio vorhanden sind.

Würde nicht vermutlich schon nach 1-2 Mio der Kurs so in die Höhe gehen, dass es immer schwieriger wäre 550 zu kaufen?

Und das wären ja auch nur 20 Jahre, wo wohl auch ohne dem der Kurs bei 1 Mio dann während, also in paar Jahren.

Aber naja, mit der Reserve könnte man ja vielleicht auch unbegrenzt Dollar drucken für den Kauf. !LOL

Bin auf die Aussage von Harris gespannt.

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0E-8 BEE

Hab ich mir auch gedacht, 4 Millionen Bitcoin zu kaufen, wird den Preis so stark in die Höhe treiben, dass das schwer möglich sein wird. Besser und realistischer wäre einen fixen Dollar Betrag täglich in BTC zu investieren. USA haben beteits 200K beschlagnahmte Bitcoin, sowohl Trump als auch RFK würden diese behalten.

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Fixer Dollarwert wäre tatsächlich auch machbar.

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This will bring a boost not only to Bitcoin but a much needed boost to the Altcoins too. Kamala doesn't know a crypto from a bloody hole in the ground parroting only what her handlers around her tell her.

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The idea of the U.S. buying 550 Bitcoin daily raises questions about market impact though, can that even work? We'll see how it goes mate

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Wird viel versprochen wenn der Tag lang ist, gerade im Wahlkampf. Aber ich stimme dir grundsätzlich zu: Gute Rede von Trump, gute Ansätze (Self Custody schützen, Nationale Bitcoin Reserve etc).
Wir werden sehen, bin vorsichtig zuversichtlich.

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Was soll man von versprechen von politikern halten...
Aber schon die aufmerksamkeit die bitcoin dadurch bekommt ist positiv.
!BBH

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they both will try to support bitcoin to gain people and their support.

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It's all very positive news, and it seems he now understands the value of crypto. BTC could easily become the worlds' reserve of wealth in addition to gold at this rate. It's also going to be great for all of us crypto lovers. I'm excited!

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cit seems he now understands the value of crypto

Trump in 2019 made a post on X saying:
“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air”
Also, his words: "seems like a scam"

Why did they agree with him at that time and instead they agree with him now, even though he talks about bitcoin in the opposite way?

His ideas are unreliable because he changes them every time, as it suits him best.
He talks a lot of crap without ever explaining what he says, so how can you agree with such a person?

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He's a politician now, so you can never truly trust him. It's like the old saying goes: How do you know when a politician is lying? Their lips are moving....

I hope he has seen the light, maybe now he realizes that there's money to be made in crypto so it changed his view. You can never trust a politician...

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There will definitely be good news in the crypto space and well let's see how it will definitely unfold

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I am so sure bitcoin will definitely do well during trump time

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