[{"category":{"name":"Trending News","exported_url":"trending-news"},"id":"a873067a-926d-4e93-9499-50db11c8f16d","updated_at":"2024-07-14T10:55:13.35+00:00","account":{"firstName":"Hamza","lastName":"Malik"},"description":"Learn about Bitcoin 2024 in Nashville, featuring big names like Donald Trump, and its impact on the cryptocurrency world. Don’t miss this huge event!","sapo":"Bitcoin 2024, the biggest Bitcoin conference of the year, is happening in Nashville from July 25-27. With over 20,000 attendees and speakers like Donald Trump, it’s making waves in the crypto world. Find out why Bitcoin 2024 is so exciting and how it might change the future of cryptocurrency in the U.S.","title":"From the White House to Bitcoin 2024: Trump’s Crypto Revolution","content":"

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What is Bitcoin 2024?

Bitcoin Conference in Nashville on July 27. (Source: Bitcoin 2024)

It is a part of the Bitcoin Conference series. The upcoming 3-days fan-gathering of Bitcoin, called Bitcoin 2024 will be held at Music City Centre, Nashville, Tennessee between July 25 through 27. There are two more conferences planned for 2024, Bitcoin Amsterdam in October and Bitcoinmena in Abu Dhabi in December.

The Bitcoin 2024 is distinct since it is going to be the biggest one this year with 20K+ attendees, 400+ sponsors, 2000+ companies represented and 30+ major media outlets covering the event.

Schedule of events. (Source: Bitcoin 2024)

Why the Unusual Hype for Bitcoin 2024?

Bitcoin 2024 has recently been making headlines for an altogether different reason. The organizers of Bitcoin 2024 have announced that the presumed Republican nominee for the 2024 Presidential election and the 45th President of USA, Donald J. Trump will be speaking at the Bitcoin 2024 on July 27. He would be taking the main stage for a 30-minute speech to “share his vision for the future of the American Bitcoin industry and its impact on the U.S. economy.”

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Bitcoin 2024 will feature politicians such as Independent Presidential candidate Robert F. Kennedy Jr., businessman & former 2024 presidential nominee Vivek Ramaswamy, Tennessee Senators Bill Hagerty & Marsha Blackburn. Among dozens of speakers, prominent personalities like whistleblower & cybersecurity expert Edward Snowden, founder & CEO of Ark Invest Cathie Wood, Executive Chairman of MicroStrategy Michael Saylor, British creator & podcaster Russell Brand will also be speaking at the conference.

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Bitcoin & Trump

Earlier in 2019, Trump rejected crypto including Bitcoin in his post on X (formerly Twitter) by stating “...whose value is highly volatile and based on thin air” and it “facilitate unlawful behavior, including drug trade and other illegal activity.”

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During his recent presidential bid, Trump changed his stance by advocating “financial freedom” and focusing on growth of the U.S. Bitcoin mining industry on the global stage.

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This sudden pro-crypto approach of Trump is gaining momentum and has earned him support of notable crypto-industry figures like Gemini founders Winklevoss twins, Kraken founder Jesse Powell and Ark Invest CEO Cathie Wood.

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Analysts like Philip Bump suggest that Trump is embracing the niche crypto position to gain support of the young electorate who have an increasing enthusiasm for cryptocurrency.

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In contrast to such opinions, Trump campaign strengthened its legitimacy and support of the community in May 2024, when it started accepting campaign donations in cryptocurrency, an unprecedented move by a presidential candidate.

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Trump vs. Biden: Diverging Paths on Cryptocurrency Policy

Source: Constant Contact

Biden administration and Biden campaign has not been very favorable especially the current SEC administration has been very hostile towards the crypto industry. On the other hand, Trump has been pro-crypto and has pledged that he would protect the self-custody rights of the 50 million crypto holders. If Trump emerges victorious in the 2024 elections, Bitcoin could be set for a new all-time high in November.

“I will also stop Joe Biden’s crusade to crush crypto, we’re going to stop it. I will ensure that the future of crypto and the future of Bitcoin will be made in the USA, not driven overseas.

I will support the right to self-custody to the nation’s 50 million crypto holders. I say this with your vote. I will keep Elizabeth Warren and her goons away from your Bitcoin, and I will never allow the creation of a central bank digital currency.”

Source: Coinpedia

In short, Bitcoin 2024 is shaping up to be a major event in the American presidential campaign, potentially redefining the conversation around the future of cryptocurrencies in the United States.

Explore more crypto insights with our Bitscreener Exclusive

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From the White House to Bitcoin 2024: Trump’s Crypto Revolution

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