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