Hmm,
Experts and Politicians’s Attendance at Bitcoin Conference
Trump will be speaking at the Bitcoin Conference. He has raked in over $4 million in crypto donations to his re-election bid from industry leaders. Other notable politicians such as Robert F. Kennedy Jr. and Senator Cynthia Lummis attended the 2024 conference.
Kamala Harris recently refused to attend and speak at the Bitcoin conference. She was criticized and called out Democratic Party on their loss saying this election is focused on crypto. She has released her first election ad after rejecting the proposal by the conference.
Has anons brought a little btc before the conference? Trump wants USA to be the bitcoin mining capital of the world with. Unclear powered energy.
Something must happen to the btc price.
Buy the hype, sell the news. Blah blah.
In a recent interview, Presidential candidate Robert F. Kennedy Jr. suggested that the federal government should acquire enough Bitcoin to match the value of the nation’s gold reserves. This comes as speculation mounts about President Donald Trump's intentions to establish a U.S. Bitcoin reserve.
Kennedy, an independent candidate, shared his vision during a conversation with Custodia Bank CEO Caitlin Long, hosted by YouTuber Scott Melker. He emphasized the integrity of Bitcoin as a currency, noting its decentralized nature and transparency. "Bitcoin is an honest currency," Kennedy stated. "It's based on proof of work, everything is on the ledger, and that’s what we need to do with democracy."
The U.S. government currently holds 8,134 tons of gold, valued at approximately $615 billion. To match this value in Bitcoin, the government would need to procure around 9.4 million BTC at current prices, which represents nearly 45% of the total Bitcoin supply.
Kennedy’s plan aligns with his broader strategy to back both government currency and debt with a mix of hard assets, including gold, silver, platinum, and Bitcoin. He elaborated on this idea, proposing a new class of U.S. Treasury bills anchored to this basket of assets. The anchoring would start at 1% in the first year, increase to 2% in the second year, and ultimately reach 100% over time.
The ambitious Bitcoin acquisition would be carried out during Kennedy’s first four years in office. "I would like to have the federal government begin to buy Bitcoin and over my term in office, ultimately have an equivalent amount of Bitcoin that we have gold," he said.
https://coingape.com/bitcoin-conference-donald-trump-plays-uno-reverse-on-kamala-harris/
https://coinmarketcap.com/academy/article/robert-f-kennedy-jr-proposes-massive-bitcoin-reserve-for-the-us-government
Sauce.