The Bitcoin 2024 Conference in Nashville was a historic gathering, bringing together thought leaders, industry innovators, and political figures to discuss the future of cryptocurrency.
Here are some of the standout moments from this groundbreaking event:
Presidential candidate Robert F. Kennedy Jr. announced an executive order directing the US treasury to purchase 550 Bitcoin daily until the reserve holds 4 million BTC. His bold prediction?
Want to know my stance on #Bitcoin? Here’s what I’ll do. pic.twitter.com/H5ijWQTfIE
— Robert F. Kennedy Jr (@RobertKennedyJr) July 27, 2024
The cascading impact from these actions will move Bitcoin’s valuation to hundreds of trillions of dollars.
Edward Snowden, the whistleblower, spoke about Bitcoin as an alternative to the rigged financial system. He emphasized that while progress is being made, there’s still work to be done. “We are winning, ladies and gentlemen. But we haven’t won…so we have to make sure that we don’t get cocky”.
EDWARD SNOWDEN JUST GAVE AN EXISTENTIAL WARNING TO ALL AMERICANS 🚨
“If you stick out, you will become non-normative, an anomaly.”
Snowden warns that within 5-10 years, big data will track every aspect of our lives on the blockchain in order to create predictive behavioral… pic.twitter.com/pqa8Ewf7FC
— Lauren Lee (@sheislaurenlee) July 26, 2024
Michael Saylor, the MicroStrategy CEO, shared his macro outlook for Bitcoin in the year 2045. His projections ranged from a bear case of $3 million per coin to a bull case of $49 million per coin.
https://twitter.com/kukulkancrypto/status/1816956479473353033/video/1
Blackrock’s Head of Digital Assets revealed that ETF buyers have been almost entirely buy-and-hold investors. The Blackrock Spot Bitcoin ETF had only one day of negative flows in the past six months.
RFK Jr. announced an executive order directing the IRS to make radical changes to how it handles Bitcoin transactions. According to him, all transactions between Bitcoin and the USD are unreportable and, by extension, non-taxable.
Michael Saylor argued that the US government should own the majority of Bitcoin in the world. He likened Bitcoin to cyber Manhattan, emphasizing its importance in the digital age.
Former President Donald Trump declared that the United States would become the crypto capital of the planet and the Bitcoin superpower of the world.
BREAKING: 🇺🇸 DONALD TRUMP PLEDGES TO NEVER SELL #BITCOIN AND HOLD IT AS A STRATEGIC RESERVE ASSET IF ELECTED PRESIDENT pic.twitter.com/bbPRxlZfGZ
— Bitcoin Magazine (@BitcoinMagazine) July 27, 2024
Senator Lummis proposed legislation for the US government to buy 5% of the total Bitcoin supply and hold it for at least 20 years. If this happens, Saylor’s predictions could indeed come true.
In summary, the Bitcoin 2024 Nashville Conference showcased not only the technological advancements but also the growing influence of cryptocurrency in various sectors. From political figures to industry experts, the event underscored Bitcoin’s role in shaping the future of finance and beyond. As the crypto revolution continues, these moments will undoubtedly be remembered as pivotal milestones in the journey toward global hyperbitcoinization.
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