Former President Donald Trump In Talks To Make Landmark Appearance At Bitcoin 2024 Convention In Nashville
- PHPzOriginal
- 2024-06-25 15:44:20425browse
The Republican candidate is tentatively slated to speak at the Bitcoin 2024 convention, a key event in the cryptocurrency calendar
Former President Donald Trump is considering a high-profile appearance at the Bitcoin 2024 convention in Nashville, Axios reported Monday.
The Republican candidate is expected to speak at the cryptocurrency event, which will be held the last week of July, according to the report.
The Bitcoin 2024 convention, organized by Bitcoin Magazine, is scheduled a week after the Republican National Convention. Trump’s involvement in the event highlights his campaign’s focus on cryptocurrency.
In addition to Trump, other prominent political figures, including independent candidate Robert F. Kennedy Jr., former GOP candidate Vivek Ramaswamy, and Senators Bill Hagerty (R-Tenn.) and Marsha Blackburn (R-Tenn.), are also expected to speak at the convention.
ARK Invest CEO Cathie Wood and MicroStrategy co-founder Michael Saylor have also been confirmed as speakers for the event, according to the report.
Trump's Potential Appearance At Bitcoin 2024 Convention Follows Recent Comments On Cryptocurrency:
Trump's potential appearance at the Bitcoin 2024 convention follows his recent declaration of himself as the “crypto president” at a San Francisco fundraiser, where he raised $12 million. The event highlighted Trump’s support for the cryptocurrency industry and his criticism of the Democratic Party's efforts to regulate it.
During his 2024 presidential campaign kickoff event in South Carolina, Trump mentioned cryptocurrency and Non-Fungible Tokens (NFTs) in his speech, promising to "stop the woke war on fossil fuels, cancel culture, your God-given Second Amendment rights, parents, law enforcement, and our great American flag.”
Trump and President Joe Biden are set to lock horns in the first 2024 presidential debate on Thursday. Cryptocurrency prediction market PolyMarket put 45% odds of Trump mentioning cryptocurrency or Bitcoin during the debate.
If Trump does mention cryptocurrency during the debate, it will be interesting to see how the market responds. In the past, Trump's comments on Bitcoin and other cryptocurrencies have had a significant impact on their prices.
For example, in December 2017, Trump tweeted about Bitcoin, stating that he was "not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air." Following Trump's tweet, Bitcoin’s price fell sharply.
However, on other occasions, Trump's comments on cryptocurrency have been more positive. In March 2022, Trump praised Bitcoin, stating that it "sounds like a currency that I would be involved in. It's a very interesting thing. Good luck to them. I hope they do well." Following Trump's comments, Bitcoin’s price rose sharply.
It remains to be seen how the market will react if Trump mentions cryptocurrency during the first 2024 presidential debate, but it is sure to be a closely watched event by cryptocurrency traders and investors.
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