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Donald Trump took to the stage at Bitcoin 2024 in Nashville on Saturday, delivering his highly anticipated keynote speech... and it did not disappoint.
Although not quite on the same oratory tier as the likes of Martin Luther King Jr, Winston Churchill, or even Barack Obama, Trump nonetheless has perfected the skill of galvanizing audiences with his short and simplistic rhetoric.
At a time when the crypto industry is in dire need of regulatory support and Trump is equally clamoring for as much support as he can garner, the former US president has offered an olive branch to crypto.
Blockhead
Whilst we cannot vouch for the sincerity of Trump's words, we were certainly entertained and encouraged by his speech in Nashville. Here are our favourite quotes and pledges:
On the Winklevoss Twins: "Tyler and Cameron Winklevoss are great guys. They're like male models with a brain. A big beautiful brain."
On Gary Gensler and the SEC: "On day one I will fire Gary Gensler and appoint a new SEC chairman. As President, I will immediately shut down Operation Choke Point 2.0. … They want to choke you. They want to choke you. Out of business? We're not going to let that happen."
On Regulation: "Upon taking office, I will immediately appoint a Bitcoin and crypto Presidential Advisory Council. Their task will be to design transparent regulatory guidance for the benefit of the entire industry, and they will get it done in 100 days. We will have regulations, but from now on, the rules will be written by people who love your industry, not hate your industry."
On CBDCs: "They want to move the creation of a central bank digital currency. It's over. Forget it. CBDC. There will never be a CBDC while I'm president of the United States."
On Stablecoins: "As part of our effort to provide regulatory clarity, we will create a framework to enable the safe, responsible expansion of stablecoins. Allowing us to extend the dominance of the US dollar to new frontiers all around the world."
On Self-Custody: "I will always defend the right to self custody. Self custody, you're going to have a great industry. You're going to have a great industry, and we're going to be fuel for your industry, not demolish your industry."
Blockhead
On Bitcoin: "During my four years in office, bitcoin surged by 3,900%, from $898 the day I took office to $35,900 the day I left. Now, compare that to just after three and a half years of Biden and Harris adjusted for inflation, bitcoin is up 50% now 50% sounds good, but not when you're comparing it to almost 4,000% right?.. If bitcoin is going to the moon, as we say, it's going to the moon, I want America to be the nation that leads the way."
"No longer Will your Government sit by and watch as Bitcoin jobs and businesses flee to other countries because America's laws are too unclear and too tough and too angry and too stiff. We will keep every Bitcoin job in the United States of America, that's what we're going to be doing."
On Inflation: "You understood inflation, frankly, better than anybody else, you know that, don't you? If only they had listened. They didn't listen to you. They didn't listen to you."
On Crypto and USA: "If crypto is going to define the future, I want it mined, minted, and made in the USA. Ultimately, my promise to each and every one of you is this, I will be the pro-innovation and pro-Bitcoin president that America needs and our citizens deserve."
