
Compiled by: Deng Tong, Bitchain Vision
Thousands of Bitcoin sought after camping outdoors for hours on Saturday at the 2024 Bitcoin Conference in Nashville, just to meet the cryptocurrency candidate, Trump.Bitchain Vision compiles the content of Trump’s speech on cryptocurrency as follows for readers.
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Trump adheres to the principle of “America First” and believes that the crypto industry is “the steel industry 100 years ago, and is still in its infancy.”“One day, it may surpass gold.
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Trump will ensure that the United States becomes the cryptocurrency capital on earth and the world’s Bitcoin superpower.
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Trump will fire Gray Gensler, the current chairman of the US SEC, on his first day of taking office.During his tenure as U.S. President, the CBDC will never be launched.
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In his speech, Trump promised to maintain the “national strategic Bitcoin reserve” and “never sell” the government-stricken Bitcoin.
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“I want Bitcoin to be mined, minted and manufactured in the United States,” Trump pointed out. And has formulated a “comprehensive” crypto policy, from stablecoin regulation to self-custody of Bitcoin.The United States will become the undisputed Bitcoin mining power in the world.
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Trump will reduce the sentence of Silk Road founder Ross Ubrich to serving his sentence.
Our country is lucky because there are such extraordinary talents, vitality and geniuses here.They are really geniuses, and it is this spirit that has made the United States.This spirit will help us make America great again.That’s what we’re doing.
Today, I stand before you and am full of respect and admiration for the achievements made by the Bitcoin community.It’s incredible, it’s like the steel industry 100 years ago.I think Bitcoin is still in its infancy.In just 15 years, Bitcoin has grown from the idea of anonymously posted on the Internet message board to the ninth most valuable asset in the world.Its market value has exceeded ExxonMobil and will soon exceed the entire silver market value.
One day,Bitcoin may replace gold.Depending on the current developments, this is very likely.Bitcoin is more than just a technological miracle, as you know it is also a miracle of cooperation and human achievement.They just had a meeting with many leaders, a round table, and it was amazing.They have a deep friendship.This is really fun.Obviously, there is competition between them, but there is also relationship.They formed a friendship.I noticed that I don’t usually see this often; what I see is the opposite.In fact, they want, they want to attack each other.They want to kill each other.These people feel great.They are also very smart people.Congratulations on all your achievements.This room was amazing.The people in this room are all people with high IQ.I’m competing with a person with low IQ, she, I didn’t even say he, she, I met a person with low IQ….
The reason why I came to the Bitcoin community to give a speech today can be summarized in very simple terms: America first.Because if we don’t do this, China will do this, and other countries will do this.Let’s do it and do it well.My vision is to let America dominate the future.We have the best economy, the highest standard of living, the safest and the most beautiful city.By the way, our city is heading to hell when I say the safest.Now our city is heading towards hell.We want to repair our city.We are going to work with the Democrats who destroyed our city, but we will work with them.We want to take back our city.We want our country to return…
If we don’t accept cryptocurrencies and bitcoin technology, China and other countries will accept that they will dominate and we cannot let China dominate.They have made so much progress and we hope they succeed.I hope China will succeed, but we must be the most successful.what happens?I hope the United States will be at the forefront of technology, science, manufacturing, artificial intelligence and space….
You need a lot of electricity.You need twice the total electricity the U.S. has to dominate, and we will do that.Who would have thought we could do this?But we will do it.We will build the power plant on site.We will unbundle people with certain ridiculous demands, and we will use fossil fuels to generate electricity because we have to do so.We will use nuclear energy.We will generate electricity in an environmentally friendly way, but we will produce so much electricity that you would say, Mr. President, please, we don’t have more electricity.We can’t stand it anymore.You will beg me for more electricity, sir, we already have enough electricity.We’re enough.
You know, in the Midwest, they just opened two charging piles, you know, one is an electric car charger.You know, I like Elon.He is great.He supports me and is very supportive.Everything else is good, but not everyone has to own an electric car.I told him.So we will cancel this rule.If you don’t mind, some people want gas and drive cars.Some people want hybrids, some people like electric cars.They are great.I think they are great.I think what he did was great.… Just like these charging piles they built in the Midwest, there are eight in total.They spent $9 billion to build eight charging piles to charge the car.At this rate, installing these charging piles will cost about $12 trillion.Somehow, this doesn’t work.We have to produce a lot of electricity for AI and everything else, including what you are doing, and we will produce it.We want to produce quickly or we will not be able to compete with China and other countries.So we need to produce quickly.This afternoon,I will make plans to ensure that the United States becomes the cryptocurrency capital on earth and the world’s Bitcoin superpower, and we will do it….
If Bitcoin is going to the moon, as we said, it is going to the moon, I want the United States to be a trend-leading country.That’s what’s about to happen.However, you will be very satisfied with me.You will be very happy.You would say he is the greatest man.That’s why I’m proud to be the first major political party candidate in U.S. history to accept donations of bitcoin and cryptocurrency….
I heard from Vivek that 175 million people have participated in this world of cryptocurrency and Bitcoin in some form, and all the other worlds, 175 million people.So when they heard this, they said, let’s be nice to them, at least after the election.So I relieved the pressure on a lot of people, and many people are very happy today. About three months ago, I haven’t been so excited for three and a half years.Is it right?You know, that’s right.For three and a half years, the current government has launched an unprecedented war on cryptocurrency and Bitcoin.For those working in this industry, their goal is your bank.They cut off your financial services.Did people see it?Yes, they saw it; many people raised their hands.They prevent ordinary Americans from transferring money to your exchange.They slander you as criminals.But it happened to me, too, because I said the election was rigged.He said the election was manipulated because I made that remark.Of course, they said that we were all right now.By the way, we performed well in the election.You know, we recently lost a candidate, the liar Joe Biden, and I think we lost this great guy, and if you want to know the truth, he is actually a terrible person, so don’t feel bad.We have another worst, worst person.But, I made a metaphor last night, last night, think about this.I was speaking in front of a very powerful and very religious group, a Christian group, a Christian, an evangelical Christian.Today, I talked about Bitcoin again, and now I am going to Minnesota to attend the rally.You think my life is great, don’t you?Um?But I have many areas of involvement.I go from religion to bitcoin to rally, I don’t confuse them like everyone else does….
It is my honor to be with you.Sadly, we see an attack on cryptocurrency.This is part of a larger model that was implemented by the same left-wing fascists to weaponize governments to combat any act that threatens their power.They did the same thing to me.Did you see that I just won a big case in Florida?Thank you so much….
The problem is that Camara is worse than Joe.She is a radical left-wing lunatic, cutting police funds and doing all kinds of different things.So far, we’re doing it – she’s on a short honeymoon now.But when people hear that she is against cryptocurrency, by the way, she is against it, very strong.So I just want you to know that you have to leave.You have to go out and vote.Not surprisingly,These totalitarians are determined to destroy cryptocurrency and destroy it,That’s what they want to do, and that’s what they say–well, I mean, they, they’re totally like that.You have the SEC and you know what they are doing.Know what they are doing and eliminate Bitcoin.The reason cannot be clear, becauseBitcoin represents freedom, sovereignty and independence, and is not subject to coercion and control by the government.The Biden Harris administration’s suppression of cryptocurrency and Bitcoin is wrong, which is very bad for our country.This is really unpatriotic….
If we can’t win this campaign, I know you’re not very passionate about politics, but you have to be passionate about politics because everything you do is about politics.If we can’t win this campaign, the country may be ruined.Things will be bad in this country, but we have to stick with it.We have to fight, we have to win.I assured the Bitcoin community that the day I was sworn in, the anti-cryptocurrency movement of Joe Biden and Kamala Harris will end.It will end.The moment I was sworn in, the persecution would cease, and the weaponization of your industry would end, as long as I was still in the Oval Office.Elizabeth Warren Pocahontas, remember her, yes, I’m an Indian.She said I was an Indian.Why are you an Indian?You don’t look like an Indian?No, no.My mom told me that I had high cheekbones.Oh, that’s why she was Indian.So I named her Pocahontas, Elizabeth Warren and her thugs, she was mean to you.She hates your people.She hates everything about you.We will stop them from reaching Bitcoin.Stop them from exposure to cryptocurrencies.They can make it grow.We will make it grow.On the first day, I’ll fire Gray Gensler…
[The audience cheered and shouted: “Trump! Trump! Trump!”]
I don’t know he’s so unpopular.Let me say it again:On the first day, I’ll fireGray Gensler.…I will appoint a new SEC chairman who believes that the United States should build the future, not hinder it….
As President, I will immediately close Operation Stuck Point 2.0….They want to kill you.They want to kill you.Bankruptcy?We won’t let this happen.And your government will no longer stand by and watch Bitcoin jobs and businesses flee to other countries because the laws in the United States are too unclear, too harsh, too angry, too stiff.We will keep every bitcoin job in the United States, and that’s what we’re going to do.I will immediately appoint a presidential advisory board for Bitcoin and Cryptocurrency.Does anyone want to join this committee?
Their mission is to design transparent regulatory guidelines for the benefit of the industry as a whole, which they will be done in 100 days.We will make regulations, but from now on, the rules will be made by people who love your industry rather than hate your industry.These people want to make things clear, simple, direct and fair, and they want to see your industry thriving, not waning.Next, I will immediately order the Treasury and other federal agencies to stop and terminate all necessary measures because you know, something is happening in your industry.They want to promote the creation of a central bank digital currency.This is over.Forget it.CBDC.There would never be a CBDC during my presidency as the United States….
I will always defend my own custody.Self-keeping, you will have a great industry.You will have a great industry and we will fuel your industry, not destroy your industry.The United States will once again become a country that protects property rights, privacy, freedom of transactions, freedom of association and freedom of speech.We will change our country, we will go back to the past, when we were a country that was building, not a country that could kill each other from within.As part of our efforts to provide regulatory clarity,We will create a framework to achieve secure and responsible expansion of stablecoins.Do you know what a stablecoin is?Does anyone know?Please raise your hand.Allow us to expand the dominance of the dollar to new areas around the world.The United States will become richer, the world will become better, billions of people will enter the crypto economy and store their savings in Bitcoin.So that’s the status quo.Those who say Bitcoin poses a threat to the dollar are completely putting the cart before the horse.I think it’s completely putting the cart before the horse.Bitcoin does not threaten the US dollar.The current US government’s actions are truly threatening the US dollar….
The dangers for our financial future are not from cryptocurrencies.It comes from Washington, D.C.It comes from trillions of dollars in waste, rampant inflation and open borders, while providing benefits and free health care to millions of illegal immigrants who have poured into our country.It comes from printing hundreds of billions of dollars to fund endless overseas wars, and our cities are like war zones in the country….
We hope to restore common sense.What we are talking about today is common sense.Bitcoin and cryptocurrencies will soar at an unprecedented rate, even exceeding your expectations, and you are the ones who do it.When we stop the war on cryptocurrencies.We will start building our economy immediately and soon.Because when the United States is booming, Bitcoin will soar and Bitcoin will rise with it.We have the greatest economy ever and we will have it again soon.Under the Trump administration, typical middle-class household incomes increased by $6,000 per year.People don’t like to mention that during my four years in office, the United States has more money to save than at any time in decades.Now you have to listen to these numbers.These numbers are beautiful and I don’t want to repeat them.Listen to these numbers.During my four years at the office, Bitcoin has surged 3,900%, from $898 on the day I took office to $35,900 on the day I left office.I think this is the biggest leap in almost any industry; think about it.Now, comparing it to the inflation-adjusted Bitcoin rise by 50% after three and a half years in power Biden and Harris, 50% sounds good, but when you compare it to nearly 4,000% it sounds likeNo, right?You know, 50%, usually you’ll say, oh, that sounds pretty good.We should not write it into a speech.50% Is that good?When people can’t afford food or rent, they don’t have savings to store bitcoin, and this administration has caused the biggest inflation in our history.That’s what happened.From day one, people were wiped out.We took back the White House.We will replace Biden and Harris’ economic stagnation with a brand new Trump economic boom.You will usher in great prosperity….
I will cut off unnecessary regulatory burdens.Every day, we are working hard to make the United States the best place on the planet to do business, including cryptocurrency businesses.The United States will be the best place.You don’t have to go to China.You don’t have to learn, my goodness, how can I learn Chinese?I want to learn it soon.There is a little granddaughter who can speak fluent Chinese.Can you believe it?This is a great thing.It’s not easy, but you don’t have to.Most importantly, for our citizens, we will end the inflation nightmare created by this administration and we will end it quickly.It must end.It is destroying our country.You know, inflation is the killer of a country.You can go back to Germany many years ago.You see what happened in Germany during a period of severe inflation.Destroyed the country.Bitcoin supporters are killers of a country.I want to tell you that you realize the dangers of inflation earlier than most people.Frankly, you know inflation better than anyone else, you know that, don’t you?It would be great if they listened.They didn’t listen to you.They didn’t listen to you.The trillions of dollars of absurd waste approved by our opponents has led to the inflation disaster that Bitcoin supporters have been predicting….
The United States will become the undisputed Bitcoin mining power in the world.You will become a Bitcoin mining powerhouse.You don’t have to move your family to China.We won’t move to China…you won’t move to China.As we perform,Bitcoin and cryptocurrencies will boost our economic growth, consolidate U.S. financial dominance, and strengthen our entire country,And it will last for a long time.Many Americans do not realize that the U.S. government is one of the largest holders of Bitcoin.Does anyone know?How about it?The federal government owns almost 210,000 bitcoins, or 1% of the total supply.But our government has long violated the basic rules that every bitcoin user remembers: Never sell your bitcoin…
So, as the last part of today’s plan, I announce thatIf I were elected, my government, the United States of America, would adopt the following policy: to retain 100% of all Bitcoins currently held or acquired in the future by the U.S. government, we would retain 100%.I hope you all goes well.This will actually be the core of the national strategic Bitcoin reserves.…Most of the Bitcoin currently held by the U.S. government is obtained through law enforcement actions.You know they took it from you.Let us take that person’s life.Let’s take his family, his house, his bitcoin.We will turn it into Bitcoin.It has been taken away from you because that’s where we are going now.This is where this country is going to go—the fascist regime.So when I take steps to transform this huge wealth into permanent state assets for the benefit of all Americans…
Today, I reiterate my commitment to reduce Ross Ublich’s sentence to serving.Enough.Enough….
Ultimately, my commitment to each of you is,I will be the president of America needs, the support for innovation and Bitcoin that our citizens deserve.It will be an industry, but it will be a thriving industry, a great industry, and I will do the same for all other industries.Furthermore, our country has never flourished by trying to examine new ideas and kill people’s dreams.The United States always puts our flag on the next frontier and moves forward boldly.We have to do this.We haven’t done this for a long time, especially in the last three and a half years.The opposite is true.All of you here inherit the legacy of generations of American pioneers and patriots, adventurers and rebels, who settled on this continent and built a modern world that lived on the forefront.You live at the forefront.You know Bitcoin supporters, right?You are the contemporary Edison, the Wright Brothers, Carnegie and Henry Ford, and you have the potential to last longer than all of us and inspire future generations.This day will become a very important day in the history of your industry.You are working together to build the future of America with your wisdom, courage and actions involved.You guys get involved, that’s what you’re doing.It takes courage to do this.Most people don’t have that kind of courage.My job is to liberate you, let you do what Americans do best, and do what you will do better than anyone else.Victory, victory, victory.You will win, win, win, win with our rare energy, passion and talent.Our country will not fail.We are a failed country now, but we will not fail for too long.Our country will not fail.With your help, we will save our country.We will restore the Republic and we will make the United States and Bitcoin bigger, better, stronger, richer, freer, and greater than ever before.Thank you everyone.Wish you a good play on your Bitcoin, your cryptocurrency and everything else you are playing and we will make them one of the greatest industries on the planet.Good luck, God bless you.Thanks.God bless you.Thanks.
Source: Yahoo Finance, CoinDesk