🟦 At the Bitcoin 2024 conference in Nashville, former President Donald Trump targeted crypto investors with bold promises. He announced plans to make the U.S. a global hub for cryptocurrency mining and to hold 210,000 bitcoins as a strategic asset on the nation’s balance sheet.
🟦 Trump reminded the audience that during his presidency, Bitcoin’s price surged by 3,900%, and he criticized the current administration, accusing it of repressing cryptocurrencies.
🟦 The politician promised to fire SEC Chairman Gary Gensler and appoint someone who supports digital assets in his place. Trump also expressed his intention to create a cryptocurrency advisory council and to soften the sentence of Ross Ulbricht, the founder of Silk Road.
🟦 In conclusion, he noted that Kamala Harris was even more hostile toward cryptocurrencies than Joe Biden. These statements are aimed at strengthening his position among crypto investors, given their lack of trust in the current administration.