Trump’s Bitcoin Conference Speech Sparks Excitement
The Bitcoin conference in Nashville was buzzing with excitement following Donald Trump’s statements about the SEC. Trump announced that if he wins the 2024 election, he would replace Gary Gensler as SEC Chair on his first day in office.
The crowd responded with loud applause. Trump said that under his administration, the “persecution” of the Bitcoin industry would end. He promised to appoint an SEC Chair who supports innovation instead of hindering it.
Trump also proposed forming a Bitcoin and Crypto presidential council to ensure transparency in the sector. He sees a bright future for the industry.
Beyond crypto, Trump addressed energy policy. He stated that the U.S. needs to build new power plants and utilize fossil fuels responsibly to avoid being overtaken by China. Trump believes that if crypto is going to be a part of the future, it should be mined and produced in the USA.
It remains to be seen whether Trump’s proposed policies will come to fruition. However, his statements at the Bitcoin conference have sparked a lot of conversation and discussion in the crypto community.
