Former President Donald Trump is set to speak at the world’s largest Bitcoin conference in Nashville, Tennessee, alongside running mate Sen. JD Vance, positioning themselves as a pro-cryptocurrency ticket. This comes amid a surge in interest in the cryptocurrency industry during this election cycle.
Noteworthy tech executives, such as the Winklevoss twins, have shown their support for Trump by donating $1 million in Bitcoin. Trump’s stance on cryptocurrency has shifted, with him now advocating for all remaining Bitcoin to be mined in the United States. Previously, he had criticized Bitcoin and other cryptocurrencies for their volatility and potential for illegal activities.
Despite his past criticisms, Trump has maintained his position against the creation of a central bank digital currency, calling it a “dangerous threat to freedom.” The event is expected to begin at 3 p.m. EDT, with Trump’s keynote address being a highlight of the conference.
Overall, Trump’s appearance at the Bitcoin conference signals his growing support for the cryptocurrency industry and sets the stage for a potentially influential stance on the issue if he were to be elected for another term. Investors and industry insiders are eagerly awaiting Trump’s speech and any potential policy proposals that may come from it.
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Photo credit thehill.com
