Trump's Bitcoin Conference Speech Summary: Include Bitcoin in National Reserves, Will Prevent World War III
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Trump's Bitcoin Conference Speech Summary: Include Bitcoin in National Reserves, Will Prevent World War III
Harris is bad, quickly vote for me, if you don't vote for me, America is doomed, Bitcoin is doomed!
Navigating Web3 tides with focused insightsWritten by: TechFlow
Donald Trump showed up as promised and delivered a speech at the 2024 Bitcoin Conference in Nashville, outlining his grand vision for Bitcoin and his policy agenda. The core message can be summarized as follows:
I'm Awesome: During my presidency, Bitcoin surged by 3,900%, rising from $898 to $35,900. Inflation was low, middle-class incomes rose... prosperity for people and strength for the nation.
The Biden Administration is Terrible: Far-left extremists allowing massive refugee influxes and politically persecuting Bitcoin and crypto companies. If I don’t win this election, the country is doomed.
Big Plans Ahead: Fire current SEC Chair Gary Gensler immediately, promise never to sell the U.S. government’s Bitcoin holdings, include Bitcoin in national reserves, develop the energy sector, and support Bitcoin mining.
Praise the Crypto Industry: Bitcoin enthusiasts—you are the modern-day Edisons, Wright brothers, and Henry Fords.
Finally, Trump solemnly pledged: I will become the most pro-innovation and pro-Bitcoin president in American history.
In one sentence: Harris is evil—elect me now, or America dies, Bitcoin dies!
Trump spoke with great enthusiasm, and the audience responded with equal excitement—especially when he declared that firing Gary Gensler would be his first act in office, prompting a standing ovation.
Who wouldn’t be dazzled by such flattery and promises? Long live MAGA! But whether this is genuine conviction or just political theater—with potential future betrayal once elected—remains to be seen. What's clear, however, is that the crypto industry's influence and grassroots support have visibly grown to the point where U.S. presidential candidates now feel compelled to court it.
Either way, this is still good news. Sweet talk is better than cold-hearted suppression. Comrade Trump, you’ve delivered the emotional value perfectly!
Below is a condensed summary of Trump’s keynote speech at the Bitcoin Conference:
Why Support Cryptocurrency? To Keep America #1
In just 15 years, Bitcoin has evolved from an anonymous idea posted on an internet forum into the ninth-largest asset by market cap in the world—and it’s poised to surpass silver, possibly even gold. Given current trends, that’s entirely possible.
Bitcoin isn’t just a technological marvel—it’s a testament to human collaboration and achievement. Relationships have formed, rivalries emerged, but also deep friendships. You people here are brilliant—I’m running against someone very low IQ. The reason I’m speaking to the Bitcoin community today is simple: To ensure America remains first. Because if we don’t do it, China will. Others will. So let us lead. Let us succeed. Most importantly, let us set the standards.
I will make America the global capital of cryptocurrency and a Bitcoin superpower. If cryptocurrencies define the future, I want them mined and minted here—not elsewhere. If Bitcoin is going “to the moon,” I want America leading that charge. That’s why I proudly became the first major-party presidential candidate in U.S. history to accept Bitcoin and crypto donations—and let me tell you, they gave a lot. I’m grateful.
The Democrats Are Evil—Day One, I’ll Fire Gary Gensler
Kamala Harris is a far-left lunatic—and by the way, she opposes crypto. So I want you to know: You must go out and vote. They oppose crypto and are trying to destroy it. You know what the U.S. SEC is doing: eliminating Bitcoin. The reason is crystal clear: Bitcoin represents freedom, sovereignty, and independence from government coercion and control. The Biden-Harris administration’s crackdown on crypto and Bitcoin is wrong—and deeply harmful to our nation.
Let me repeat: If we don’t win this election, this country may be finished. If we allow them to take control, we must fight. We must win. I guarantee the Bitcoin community: On the day I am sworn in, the Biden-Harris anti-crypto campaign will end. The persecution of your industry will end.
On Day One, I will fire Gary Gensler—the current SEC Chair—and appoint a new chair who believes America should build the future, not block it.
Your government will no longer sit idly by as Bitcoin jobs and enterprises flee overseas due to unclear, harsh, and rigid U.S. regulations. We will keep every single Bitcoin job in America. Immediately upon taking office, I will establish a Presidential Advisory Committee on Bitcoin and Cryptocurrency.
No CBDC—Bitcoin Is Not a Threat to the Dollar
There’s a dangerous trend in motion: efforts to create a Central Bank Digital Currency (CBDC). Forget about it. When I return as President of the United States, there will NEVER be a CBDC. I will always defend the right to self-custody and personal sovereignty. I will advance your industry, not destroy it. America will once again become a nation that protects property rights, privacy, transactional freedom, and free speech. We will return to being a builder nation—not one devouring itself from within.
As part of our effort to provide regulatory clarity, we will create a framework enabling stablecoins to grow safely. This will strengthen the dollar’s dominance, make America richer, improve the world, bring billions into the crypto economy, and enable people to store their savings in Bitcoin. Those who claim Bitcoin threatens the dollar have it completely backward. Bitcoin does NOT threaten the dollar. It’s the current government’s actions that threaten the dollar. The real danger to finance doesn’t come from crypto—it comes from Washington, D.C.
During My Term, Bitcoin Rose 39-Fold
We will move quickly to rebuild our economy—because when America thrives, Bitcoin soars. Under my administration, middle-class household income increased by $6,000 per year. Over my four years in office, Bitcoin surged 3,900%—from $898 when I took office to $35,900. That’s among the highest gains in any industry.
I will make the Trump tax cuts permanent and deliver massive tax reductions for families, individuals, and job-creating businesses—including eliminating the tip tax.
I will cut unnecessary and burdensome regulations to make America the best place in the world to start a business—including crypto businesses. You won’t need to go to China. You won’t need to learn Chinese. I have a young granddaughter who speaks fluent Mandarin—it’s impressive, but hard. You won’t have to do that.
Inflation Is a Nightmare—And I Will Prevent World War III
Above all, we will end this government-created inflation nightmare destroying our nation. Inflation can destroy a country. Look back at Germany during hyperinflation—it tore the nation apart.
Millions of Americans’ life savings are vanishing. Uncontrolled inflation is a hidden tax on the middle class.
When I return to the White House, I will stop this administration’s reckless and wasteful spending. I will end endless wars. Again, under your favorite president, Trump, we had no new wars. People always thought I’d start one—but let me tell you: I will prevent World War III. We are closer to it now than at any time since WWII ended. I will secure the border and stop millions of illegal immigrants from flooding into our country.
Develop Energy Sector, Support Bitcoin Mining
We will end the war on American energy. Beneath our feet lies more "liquid gold" (oil) than any other nation—and we won’t stop there. We will harness all forms of American energy. I’ve set an ambitious goal: By the end of my term, America will have the lowest energy and electricity costs in the world.
With cheap energy, America will become the world’s undisputed Bitcoin mining powerhouse. You will be the mining leaders. You won’t need to send your families to China. You won’t move to China.
Create a National Bitcoin Reserve
As we implement reforms, Bitcoin and crypto will drive economic growth, cement America’s financial dominance, and strengthen the nation for generations.
Many Americans don’t realize the U.S. government is already one of the largest holders of Bitcoin. The federal government holds nearly 210,000 Bitcoins—about 1% of total supply. Yet for years, the government has violated the fundamental principle every Bitcoiner knows: “HODL.”
Today I announce: If elected, the U.S. will retain 100% of all Bitcoin it currently holds or acquires in the future—effectively forming the core of a strategic national Bitcoin reserve.
Most of the government’s Bitcoin was seized through law enforcement actions—they took it from you. We will transform this vast wealth into a permanent national asset benefiting all Americans.
Today, I reaffirm my commitment to commute Ross Ulbricht’s sentence (founder of the Silk Road marketplace) to time served—he has paid enough.
Solemn Pledge: I Will Be the Most Pro-Bitcoin President
Ultimately, my promise to everyone is this: I will be the most pro-innovation, pro-Bitcoin president in American history.
This will be a thriving and magnificent industry—and I will do the same for other industries too.
You here today carry forward the legacy of generations of American pioneers, patriots, adventurers, and rebels who settled this continent and built the modern world. You stand at the frontier. You know it. Bitcoiners—you are the modern Edisons, Wright brothers, and Henry Fords. What you achieve in your lifetime could surpass us all and inspire generations.
My job will be to set you free to do what you do best—and you will outperform everyone else. You will win with rare energy, passion, and intelligence. Our nation cannot fail. Right now, we are a failing nation—but not for long. Our nation cannot fail. With your help, we will save our country, restore our republic, and make America—and Bitcoin—greater, stronger, richer, freer, and more powerful than ever before.
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