Former US President Trump has been confirmed because the keynote speaker on the upcoming Bitcoin 2024 convention. The information was introduced by Bitcoin Journal, the organizer of what’s acknowledged as the biggest Bitcoin convention on this planet, scheduled to happen July 25-27 in Nashville, Tennessee.
Trump will communicate at Bitcoin Convention 2024
At midday on Wednesday, organizers knowledgeable by way of e mail that a number of talks on the agenda had been rescheduled in gentle of a brand new “very particular visitor.” Trump is scheduled to ship a 30-minute speech at 2 pm (Central Time) on the final day of the convention (July 27). Bitcoin Journal declared in a press launch that “President Donald Trump has been formally introduced as a speaker for Bitcoin 2024. This announcement marks an necessary milestone for the occasion, which has been acknowledged for its historic information and main occasions. Gained popularity for business bulletins.
Through the years, the convention has been a platform for main bulletins, reminiscent of El Salvador’s President Nayib Bukele declaring BTC to be a authorized tender in 2021. U.S. presidential candidate Robert F. Kennedy Jr.’s sturdy help for the business on the 2023 convention continues the custom of huge moments.
This 12 months’s convention marks a transfer from Miami to Nashville, with speeches from two U.S. presidential candidates, Robert F. Kennedy Jr. and Donald Trump, in an occasion that might affect future U.S. Bitcoin and cryptocurrency coverage.
The inclusion of Donald Trump as a speaker is especially noteworthy given his latest involvement and dedication to the BTC neighborhood. Over the previous few months, Trump has considerably modified his stance on cryptocurrencies, adopting a pro-Bitcoin agenda.
Final month, he met with main U.S. miners and pledged help for mining “all remaining” Bitcoin in the USA. He additional asserted, “I’ll be certain that the way forward for Bitcoin and cryptocurrencies is created in the USA,” pledging to uphold the self-custody rights of the nation’s estimated 50 million cryptocurrency holders if he’s elected president.
Business response
The business’s response was a mixture of anticipation and skepticism. David Bailey, CEO of Bitcoin Journal, mentioned by way of X, “On July 27, we modified the course of historical past.”
Ki Younger Ju, CEO of CryptoQuant, a number one on-chain and market information evaluation supplier, additionally commented on America changing into a #Bitcoin nation? Does anybody know?
PointsVille founder and Tether strategist Gabor Gurbacs gave a extra political response: “If Trump wins the election, the USA will develop two huge orange balls. Regardless, it’s time for the USA to cheer up.
Sentinel One Director Matthew Pines highlighted the potential broader influence of the Trump administration on international markets: “I feel most ‘critical’ macro analysts haven’t absolutely thought of the Trump administration’s influence on Bitcoin and the following ripple results. How loopy it might be.
Award-winning journalist Zack Guzmán succinctly sums up the excessive stakes and large commitments related to Trump’s participation: “Confirmed: Trump will communicate at Bitcoin’s largest convention in Nashville – anticipated to unveil Silk Highway founder Ross Ulbricht’s tripling down – anticipated to (re)decide to banning U.S. CBDCs – is predicted to (re)affirm the proper to self-custody and mine Bitcoin in the USA.
At press time, BTC was buying and selling at $57,900.
Featured picture from Reuters, chart from TradingView.com
