John Deaton's Speech At Bitcoin Conference in Nashville

At the 2024 Nashville Bitcoin Conference, John Deaton, a prominent pro-XRP lawyer, electrified the audience with his passionate speech about Bitcoin's potential to disrupt traditional banking and financial systems.

John Deaton, a pro-XRP lawyer, attended the 2024 Nashville Bitcoin Conference and delivered a passionate speech about Bitcoin's potential to disrupt traditional banking and financial systems. Deaton, who is also running for the U.S. Senate in Tennessee, highlighted his personal experiences and the injustices faced by many under the current banking system.

Deaton's speech was met with enthusiasm by the audience and garnered support from Bitcoin maxi Jameson Lopp and others for his Senate race.

Here are some key takeaways from Deaton's speech:

- Deaton began his speech by recounting his humble beginnings in Detroit, Michigan. He was born to a single mother on welfare and food stamps in one of the worst neighborhoods in America, called Highland Park, Detroit.

- Deaton described how reading the BTC white paper in December 2016 evoked memories of his mother's struggles with predatory financial practices. He recalled standing in line watching his mother debase herself because she couldn't keep a minimum bank deposit, and she had to go to those check cashing stores. He saw her beg them, "Can you please take not 20% or 15%? We need that money for food."

- Deaton's story continued, highlighting how Bitcoin could eliminate such predatory fees. He mentioned that when he was in college, he would send his mother money to help with his younger two siblings. He'd send her $100. It would go through Western Union. They would take 12 or 15 dollars.

- Deaton's conviction in Bitcoin's transformative power was evident. He disclosed his significant financial commitment to BTC by investing over 82% of his net worth. He stated, "I just disclosed to the Federal Election Commission that my net worth is 82% in Bitcoin."

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