Donald Trump to speak at the Bitcoin conference in Nashville
After rumours emerged some time ago that Republican presidential candidate Donald Trump would be appearing at the Bitcoin Conference in Nashville, the organizer officially confirmed this last night.
ANNOUNCING: PRESIDENT DONALD J. TRUMP TO SPEAK AT #BITCOIN2024 pic.twitter.com/F2mwECVMTW-
The Bitcoin Conference (@TheBitcoinConf) July 10, 2024
Donald Trump himself has not yet commented on whether he will be attending the conference organized by BTC Inc, the company behind Bitcoin Magazine.
Election campaign with Bitcoin
Before it became official that Trump would be attending the Bitcoin conference as part of his presidential campaign, there were already growing indications that he would. Shortly before the announcement, for example, the organizers informed the speakers that there would be changes to the schedule because another VIP guest would be joining them.
Donald Trump will give a 30-minute speech on the main stage at 2 p.m. local time on Saturday, July 27 - the last day of the three-day conference. Incidentally, the 78-year-old is not the only politician who will be using the conference for his election campaign.
It has been known for some time that the independent presidential candidate Robert Kennedy Jr. will also appear as a speaker. As part of his candidacy, the nephew of former US President John F. Kennedy proposed covering a small proportion of US government bonds with Bitcoin - Blocktrainer.de reported. According to the betting markets, however, the probability of Kennedy winning the election is less than two percent.
Vivek Ramaswamy, a Republican politician from Donald Trump's team, will also be there as a speaker. The 38-year-old biotech entrepreneur ran for president himself, arguing that the US dollar itself should be backed by Bitcoin, among other things. Ramaswamy now supports Donald Trump and is also said to be advising him on digital assets. Moreover, the signs are good that Trump could appoint the 38-year-old as vice president.
All eyes on Trump's speech at the conference
It remains to be seen whether Donald Trump will announce more detailed plans for dealing with Bitcoin under his potential presidency at the Bitcoin conference. Brandon Green, chief of staff and event director at BTC Inc, told Bloomberg that he could not comment on what Trump will talk about.
However, Donald Trump's previous statements suggest which direction it could take. The former president already emphasized a few weeks ago that he wants all future Bitcoin to be mined in the US. According to his own statements, it is also important to him to keep the entire industry in the country in order to promote innovation and also to gain an advantage over competing countries.
The Bitcoin-friendly stance of Trump and his allies is also reflected in the draft for the Republican party platform at national level - Blocktrainer.de reported. Due to Trump's many statements suggesting a strategic pro-Bitcoin policy, there has even been speculation that the US could soon turn to Bitcoin as a strategic reserve asset.
Trump is also said to have asked the CEO of BTC Inc, David Bailey, whether Bitcoin could be used to solve the US national debt problem. It remains to be seen on July 27 whether the former president will address this topic during his speech at the Bitcoin conference in Nashville.
Although Donald Trump is using Bitcoin to win votes, it has not really been a central theme of his program so far. Bitcoin has only been mentioned in passing, if at all, during his past election rallies. Even the well-known TV duel with his opponent Joe Biden was not about Satoshi Nakamoto's creation.
In any case, the presence of the current leading presidential candidate according to the betting markets at the Bitcoin conference in Nashville will bring the topic of Bitcoin back into the focus of media coverage. There may also be further information on what Trump specifically intends to do with Bitcoin as president.
Blocktrainer.de will be there to report first-hand on the ex-president's eagerly awaited speech.