Trump’s Historic Bitcoin Speech Is Coming Soon! Here Are the Expected Hours and Final Details!

Former President Donald Trump aims to secure the votes and financial support of America’s leading fintech enthusiasts in his 2024 presidential race, today Bitcoin will chair the conference.

Trump will make his speech today at 22:00 Türkiye time (UTC+3).

There are claims that Trump may declare Bitcoin as a reserve asset in this speech if he is elected President.

In addition to his speech, Trump will host a high-profile fundraiser in Nashville, with tickets expected to reach as high as $844,600. BTC Inc. CEO and conference organizer David Bailey pledged in June to raise $100 million for Trump’s re-election campaign and mobilize more than 5 million voters, highlighting the growing alignment of the bitcoin sector with Trump’s political platform.

Trump’s direct engagement with the Bitcoin community, to cryptocurrencies It marks a significant shift in approach. Trump’s campaign stance includes accepting donations in the form of virtual tokens, promising to end President Joe Biden’s “war on crypto” and advocating that all future Bitcoin mining be done in the U.S. This stance stands in stark contrast to his previous dismissive stance toward Bitcoin.

Trump has been a public critic of Bitcoin during his presidency. In July 2019, he stated that he was “not a fan” of Bitcoin and other cryptocurrencies, arguing that their value was “not based on anything” and that unregulated crypto assets could facilitate illegal activities such as drug trafficking. In a 2021 interview on Fox, he called Bitcoin a “hoax” and stated that he preferred the US dollar as the world’s primary currency.

However, after a lost presidential election and significant lobbying from the crypto industry, Trump is now the keynote speaker at the Bitcoin 2024 conference in Nashville. The shift aligns with the Republican Party’s broader strategy to reduce regulatory hurdles implemented by the Biden-Harris administration and positions crypto regulation as a critical issue for voters amid ongoing inflation concerns.

*This is not investment advice.