[Summary of Trump’s Bitcoin conference remarks]

[Summary of Trump’s Bitcoin conference remarks]

*Explaining ‘Why a Presidential Candidate Push Bitcoin’

• Bitcoin is a collection of human relations beyond mere wonder
• I want the U.S. to lead everything in technology, science, manufacturing, AI, etc., and make everything come back to the U.S
• If the U.S. does not preoccupy Bitcoin and cryptocurrency, China or other countries will take over first. If that’s what’s going to happen anyway, let’s do it. Let’s make it right

*remarks on policy after election

• SEC Chairman Gary Gensler Fired On Day 1 (DAY1) If President Becomes President
• I’m going to get rid of all the people who say they can’t buy cryptocurrency
• Making America the right country for crypto mining. Thinking of making it so you don’t have to go to China to mine.
• If you’re going to do “Bitcoin to the Moon,” I’ll let the U.S. lead.

*Bitcoin’s Strategic Asset Adoption

• US Has Huge Amount Of Bitcoin (210,000)
• If I Became President, I Would Hold 100% Of The Bitcoin That The U.S. Government Holds
• National Strategic Stockpiling Of Bitcoin
• Don’t sell you either. “Never Cell Your Bitcoin”

*general review
Right before the event, the price of Bitcoin rose by more than 69,000 dollars. Expectations were quite high in the market, but it seems that they defended well enough without damaging it very much.

In particular, regarding the adoption of Bitcoin strategic assets, the US government emphasized “100% holding,” which is relatively free of political burden, without mentioning how to collect Bitcoin. And the ability to connect it to investors gathered at the conference by saying “Never Cell Your Bitcoin” is impressive.

The U.S. currently has more than 210,000 Bitcoin. So, it can function as a strategic asset just by holding it. From the market’s point of view, the possibility of adopting strategic assets was cheered because of the realistic effect of the 210,000 Bitcoin held by the U.S. not appearing on the market and not selling. Although it did not use provocative wording, it is expected to meet market expectations to a large extent

On the one hand, it’s amazing to see a leading U.S. presidential candidate come to the Bitcoin conference and give a normal speech for nearly an hour while making national strategy calls.