US presidential candidate Donald Trump made a big noise with his statements at the Bitcoin 2024 conference. Trump said that if elected, they will keep about 200,000 BTC in the hands of the US as a strategic reserve asset and will make the US a Bitcoin superpower.
Trump, who started his speech about 1 hour late due to the disruption in the programme, stated that Bitcoin could exceed the market value of gold in the first minutes. The presidential candidate said, ‘Bitcoin will one day probably surpass the market cap of Gold.’
Stating that he will make the US the crypto capital of the world and the Bitcoin superpower, Trump also targeted the SEC, which puts great pressure on the sector. The former president said, ‘The SEC has been very tough on you, but if you work with me, it will be much different.’ He also emphasised that he would fire SEC chairman Gary Gensler as soon as he becomes president. After these words received great applause, he said, ‘Let me say it again, on day one I will fire Gary Gensler!’
Trump’s positive statements on Bitcoin and cryptocurrencies were not limited to these. The presidential candidate said, ‘Bitcoin and cryptocurrencies will go beyond your expectations, they will come to completely different points. They will rise like never before.’ he said.
Trump also gave advice to Bitcoin investors. ‘Never sell your Bitcoin,’ the presidential candidate said.
The most important part of the speech was the last part. Trump declared that they will keep Bitcoin as a strategic reserve asset, saying, ‘When I become president, we will continue to hold 100% of all Bitcoins we have.’