President Trump [Bitcoin Conference]: In just fifteen years, bitcoin has gone from merely an idea posted anonymously on an internet message board, to being the ninth most valuable asset anywhere in the world…it's already bigger than Exxon Mobile; soon it will be surpassing the entire market cap of silver.
President Trump: The reason I've come to address the bitcoin community today can be summed up in two simple words. America First. Because if we don't do it, China is going to be doing; others are going to be doing it. Let's do it and do it right. My vision is for an America that dominates the future.
President Trump: I want the United States to be first in technology, first in science, first in manufacturing, first in artificial intelligence, and first in space.
President Trump: America's destiny is to lead our rivals in everything, and to surrender our industries to no one.
President Trump: You need tremendous amounts of electricity. You need double the electricity of the entire electricity that we have right now in the United States, to dominate. And we'll get that done. Who would think we can get that done, but we're gonna get it done. We'll be having power plants built at the sites, we'll be releasing people from certain ridiculous requirements, and we'll be using fossil fuel to make electricity, because we're going to have to. We'll be using nuclear; we'll be doing it in an environmentally friendly way. But we will be creating so much electricity, that you;ll be saying, 'please, please, president, we don't want anymore electricity. We can't stand it!'
President Trump: This afternoon I am laying out my plan to ensure that the United States will be the crypto capital of the planet, and the bitcoin superpower of the world. If crypto is going to define the future, I want it to to be mined, minted, and made in the USA.
President Trump: For three and a half years, the current administration has waged a war on crypto and bitcoin like nobody's ever seen before. For those who work in this industry, they target your banks, they chock off your financial services, they block ordinary Americans from tranfering money to your exchanges, they slander you as criminals.
President Trump: When we see the attacks on crypto, it's a part of a much larger pattern that's being carried out by the same left-wing fascists who weaponize government against any threat to their power. They've done it to me.
President Trump: It should be no surprise that these same totalitarians are hellbent on crushing crypto, and obliterating, and that's what they want to do; you have the SEC; you know what they're doing, obliterating bitcoin. The reason could not be more clear, because bitcoin stands for freedom, sovereignty, and independence from government, coercion, and control. The Biden/Harri administration's repression of crypto and bitcoin is wrong, and it's very bad for our country, it's really quite un-American.
President Trump: On Day One, I will fire Gary Gensler, and appoint a new SEC chairman.
Crowd: Massive applause!
President Trump: I will appoint a new SEC chairman who believes America should build the future, not block the future, which is what they are doing.
President Trump: I will immediately order the Treasury Department, and other federal agencies, to cease and desist all steps necessary; because there's a thing going on in your industry; they want to move the creation of a Central Bank Digital Currency. It's over. Forget it. CBDC. There will never be a CBDC while I'm president of the United States.
President Trump: Bitcoin is not threatening the dollar. The behavior of the current US government is really threatening the dollar. The danger to our financial future does not come from crypto, it comes from Washington, DC. It comes from trillions of dollars in waste, rampant inflation, and open borders, while giving welfare and free healthcare to all of the illegal aliens that are pouring into our country by the millions, and millions, and millions. It comes from printing hundreds of billions of dollars to fund endless wars overseas, while our cities are like combat zones here at home.
President Trump: The current administration's economic plan includes trillions in new spending, and five trillion dollar tax hikes. They want to increase taxes by five trillion dollars. They want the expiration of the Trump Tax Cuts to take place. They want a wealth-confiscation tax, so that when you make all of your money that you're going to make, and all of the people that you're going to employ, the want to take away your money in the form of a first-time ever tax, in a gigantic capital gains tax that will exceed substantially in many states, over fifty percent.