The recent Bitcoin Conference held in Nashville, Tennessee, saw Presidential nominee, Donald J. Trump, make an appearance, but not only that, there were also promises made regarding the future. To be more precise, it is a future where cryptocurrency will be a massive focus of his administration, and not only that, it will also focus on digital currencies.
A different kind of future for America is dawning, more particularly, with this massive focus on cryptocurrency that Trump will add to his list of focuses once in office.
Trump Promises a US Crypto Focus in Recent Bitcoin Conference
(Photo : Jon Cherry/Getty Images)
Donald Trump spoke at the recent Bitcoin Conference in Nashville, and he made massive promises for the future of America should he be in power, and that centers on a massive focus on cryptocurrency, according to NBCNews. One of his many claims during the weekend event is making America "the crypto capital" of the world, and not only that, he will also put a spotlight on Bitcoin.
Trump's claim of making Bitcoin a "superpower," one that sets him apart from the opposition as a "crypto advocate."
The Bitcoin Conference saw Trump's room packed with supporters, now banking on a future where cryptocurrency would be a massive priority.
Donald Trump and What He Will Bring with Cryptocurrency
There are massive claims from Trump apart from his crypto future promise, as he also regarded that once he is in office, one of the first orders of business is to fire SEC Chair Gary Gensler, best known for the strict regulations in the industry.
It was also revealed by Trump that there will be a Bitcoin "stockpile" for America in the future, with a previous report speculating on BTC strategic reserves for the US.
Cryptocurrency and Donald Trump
The Trump era and Bitcoin's first all-time high in the $60,000 mark were regarded to be synonymous, particularly as it was during Donald Trump's term as the US President when BTC reached $64,800 in April 2021. This was the previous highest valuation of the top cryptocurrency, and during this time, the cryptocurrency saw a bullish run but did not have a direct connection.
It was believed that Trump supported the crypto market before, with many considering this because of the many events and happenings, as well as its reign during this time. Back when former POTUS Trump first started in office in 2017, Bitcoin grew to a $2,200 valuation, its highest during that time.
On the other hand, Trump is also known for having an NFT Trading Card collection but sold it in 2022.
Now, it is election season again, and Trump is gunning for America's highest power, with many believing that if he takes the seat, there would be a significant future for crypto. This was confirmed in the most recent Bitcoin Conference where Trump took the stage and revealed the cryptocurrency future for the country, making the US a 'crypto capital' soon.
