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Former President Trump Remarks at Bitcoin Conference
2024 Republican presidential nominee Donald Trump gave a keynote speech at the Bitcoin 2024 Conference in Nashville, Tennessee. He said the country needs to embrace bitcoin to get ahead of China.
The idea of creating a strategic crypto reserve has caught on quickly among bitcoin supporters. On Friday, independent presidential candidate Robert F. Kennedy Jr. also proposed creating a bitcoin reserve, saying he would direct the Treasury to purchase 4 million bitcoins, which in today’s prices would equate to approximately $272 billion.
“Most people have no idea what the hell it is,” he quipped. “So what happens when everyone figures it out? That’ll be something.”
Trump offered up a proposal to create a national bitcoin “stockpile” that he said would serve as a “permanent national asset,” though stopped short of offering many details.

Trump hails crypto at largest bitcoin conference
The GOP presidential candidate promised to make America the world leader in cryptocurrency technology.

A crypto reserve will be necessary. There are around 19.7 million bitcoins in circulation today, worth $1.1 trillion.
The United States holding Bitcoin as a strategic reserve currency is prudent and sensible. As the value of Bitcoin increases (eventually to 100k), the value of the dollar will decrease.
Biden should have done this 4 years ago. The reserve would be x2 now.