Summary of Trumps 2024 Bitcoin Conference Speech: On his first day in office, he fired Gary Gensler and established a strategic Bitcoin reserve

Odaily News Summary of the key points of Trumps speech at the 2024 Bitcoin Conference: 1. The reason for attending the 2024 Bitcoin Conference is to keep the United States at the forefront of the cryptocurrency field. The United States will become the global cryptocurrency capital and the worlds Bitcoin superpower. 2. Bitcoin is a miracle of cooperation and human achievement. If we do not embrace cryptocurrency and Bitcoin technology, other countries will dominate. Bitcoin represents freedom, sovereignty, and currency that is not forced and controlled by the government. 3. In order to facilitate mining in the encrypted digital field, efforts will be made in the power supply field to develop fuel power generation, nuclear power, and other environmentally friendly power generation methods. After being elected, the United States will become the country with the lowest energy and electricity costs. 4. I hope that cryptocurrency will be mined in the United States. 5. Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), will be fired on the first day of his election. 6. After being elected president, a Bitcoin/Cryptocurrency Presidential Advisory Committee will be appointed. 7. If elected, there will never be a central bank digital currency (CBDC) during my presidency, and the Treasury Department will be ordered to stop creating CBDC. 8. Bitcoin does not threaten the US dollar, and the actions of the current US government are threatening the US dollar. 9. Billions of people will deposit their savings in Bitcoin. Never sell your Bitcoin. 10. If elected, the government will retain 100% of the Bitcoin it owns and will prevent the US government from selling seized Bitcoin. 11. The market value of Bitcoin will surpass gold in the future. Since its birth, the market value of Bitcoin has been increasing. It has become the ninth largest asset in the world by market value. It will soon surpass silver and gold in the future. 12. If elected, a national strategic Bitcoin reserve will be established. 13. Once again promised to commute the sentence of Ross Ulbricht, the founder of Silk Road. 14. If elected president, Bitcoin and cryptocurrencies will soar in an unprecedented way, and Bitcoin will fly to the moon. 15. Assure the Bitcoin community that the anti-cryptocurrency campaign of Joe Biden and Kamala Harris will end on the day of his swearing-in. 16. Will become the president who supports innovation and Bitcoin that the United States needs. 17. If elected, all Bitcoin jobs in the United States will be retained. In addition, people familiar with the matter said that Trump has discussed cryptocurrency policy with Musk.