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Election 2024
Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis’ proposals to create a strategic reserve for Bitcoin, but the event also served as Sen. Tim Scott’s entry into actual crypto discussion.
The former CEO of crypto platform Uphold, J.P. Thieriot, is trying to drum up crypto support for Vice President Kamala Harris as she pursues the Democratic nomination in the presidential election, arguing that former President Donald Trump is offering empty promises to the industry and Harris is signaling a new openness.
The most expensive bright orange, high-top sneakers are already sold out and being relisted on eBay for as high as $2,500.
Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.
Former President Donald Trump, a sitting U.S. senator and some of the biggest names in bitcoin {{BTC}} investing all seem to agree that the U.S. should begin building a reserve of the most prominent crypto token. But concrete details are few, and it’s not an idea that’s likely to be executed anytime soon.
Traders also are skeptical about China ‘unbanning’ bitcoin
The opposition too has claimed victory in a nation where the dependence on crypto is fueled by multiple crises.
The following excerpts from former President Donald Trump’s speech – aided by AI transcription – focus on portions of his remarks in Nashville, Tenn., in which he addressed crypto and the industry directly.
Donald Trump speaks at the Bitcoin Conference in Nashville. (Danny Nelson/CoinDesk)
Democratic members of Congress wrote a letter to the Democratic National Committee asking for it to embrace pro-crypto policy.