Trump attends Bitcoin conference to outline the future blueprint of Crypto Assets in America.

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Former President Attends Bitcoin Conference and Delivers Keynote Speech

Recently, Trump attended the Bitcoin conference held in Nashville and gave a keynote speech. Here are a few key points from his speech:

  1. Bitcoin is considered to be in the early stages, with the potential to surpass gold in market value.

  2. Committed to making the United States a global cryptocurrency hub and a Bitcoin powerhouse.

  3. Point out that the left holds a strong opposition to Bitcoin.

  4. It is believed that stablecoins can expand the influence of the US dollar globally.

  5. It indicates that if elected, all Bitcoin held by the government will be retained as part of future plans.

"I will take the stage to make Bitcoin a national strategic reserve", a deep interpretation of the "Trump Bitcoin Declaration" behind it

There are several key points worth noting behind these statements:

First of all, the US dollar needs a new store of value. Since the collapse of the Bretton Woods system, the dollar has undergone several depreciations. High-interest US Treasury bonds were once a means to maintain the dollar's status, but they currently face sustainability challenges. Cryptocurrencies may become a new reservoir for the dollar.

"I will take the Bitcoin as a national strategic reserve when I take office", a deep interpretation of "Trump's Bitcoin Declaration" behind it

Secondly, controlling the cryptocurrency market is important for the United States. Just like after World War II when the United States held 70% of the world's gold, the U.S. is now increasing its control over Bitcoin infrastructure in various ways.

"I will make Bitcoin a national strategic reserve when I take office", an in-depth interpretation of "Trump's Bitcoin Declaration" behind the scenes

Moreover, the left opposes cryptocurrencies mainly due to tax considerations. Trump emphasized the dangers of inflation, stating that Bitcoin investors realized this earlier.

"I will take Bitcoin as a national strategic reserve" and a deep interpretation of "Trump's Bitcoin declaration" behind it

In addition, the cryptocurrency industry may help maintain the dollar's payment status. As the position of oil declines, stablecoins could become a new support.

"I will make Bitcoin a national strategic reserve",a deeper interpretation of "Trump's Bitcoin Declaration" behind it

Finally, regarding the government's holding of Bitcoin, Trump's statement was relatively cautious. He mentioned that this would be part of future plans, but did not commit to a specific amount.

"I will take Bitcoin as the national strategic reserve". A deeper interpretation of the "Trump Bitcoin Declaration" behind it

Overall, Trump's speech seems to be paving the way for the future trend of Bitcoin. Before the election, he might rely on such remarks to boost the market; if he is elected, he may stimulate the Bitcoin market through policy.

"I will make Bitcoin the national strategic reserve when I take office", an in-depth interpretation of the "Trump Bitcoin Declaration" behind it

"I will take the Bitcoin as a national strategic reserve when I take the stage", an in-depth interpretation of the "Trump Bitcoin Declaration" behind it

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DeFiDoctorvip
· 6h ago
The consultation record shows that there are symptoms of discordance in the recent statement from the orange person. It is recommended to reassess the stablecoin risk control mechanism.
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BuyHighSellLowvip
· 7h ago
Close all positions and suffer a loss of a million.
View OriginalReply0
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