Donald Trump pledged to “by no means promote” the U.S. authorities’s seized bitcoin, along with saying his intention to keep up a “strategic nationwide bitcoin reserve,” in his speech at BTC 2024. “If we do not do it, China will do it,” he stated of embracing digital property. Crypto is “the metal business of 100 years in the past, you are simply in your infancy,” he stated. “Someday it in all probability will overtake gold.” He added that Democrats holding the White Home could be a catastrophe for crypto. “In the event that they win this election, each certainly one of you’ll be gone.” If elected, Trump stated his day one plans included firing Gary Gensler, the influential chair of the SEC, who’s broadly reviled within the crypto business. The promise drew big applause from the group. “I did not know he was that unpopular,” Trump stated.
