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Speculation is mounting that former President Donald Trump may announce plans to make bitcoin a strategic reserve for the United States at the upcoming bitcoin 2024 conference in Nashville.
Satoshi Action Fund co-founder and CEO Dennis Porter sparked the rumors on July 18. x.com/Dennis_Porter_/status/1813949707368149329″>mail in x.
“Trump to announce US bitcoin strategic reserve in Nashville, sources say,” Porter wrote, adding that his sources are “credible.”
<img decoding="async" alt="bitcoin 2024 – Nashville” src=”https://technicalterrence.com/wp-content/uploads/2024/07/Donald-Trump-could-announce-a-US-BTC-reserve-in-Bitcoin.jpg”/><img decoding="async" src="https://technicalterrence.com/wp-content/uploads/2024/07/Donald-Trump-could-announce-a-US-BTC-reserve-in-Bitcoin.jpg" alt="bitcoin 2024 – Nashville”/>
bitcoin 2024 could be a platform for important announcements
bitcoin 2024 is considered one of the largest annual cryptocurrency conferences in the world and has been used as a platform for some of the industry’s biggest announcements over the years.
During last year's event, Robert F. Kennedy Jr. made history by announcing that his political campaign would be the first presidential campaign to accept cryptocurrency donations.
The launch of Ark, a new layer 2 scaling solution for bitcoin The network was also announced at last year’s event. Other notable announcements include the launch of the first bitcoin nft marketplace and the expansion of Strike to 65 countries.
Trump's announcement of bitcoin as a strategic reserve would be on par with the caliber expected of any announcement at the upcoming conference.
There is no confirmation that Donald Trump will announce a btc reserve in the US.
There has been no confirmation from Trump's campaign that such an announcement will be made during the former president's appearance.
And even if Trump were to announce btc as a strategic reserve, there is no guarantee he would do so if elected.
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Trump once announced that he would build a wall, put Hillary in jail, pay off the national debt… many things, but he did none of it. The father of the vaccine was his greatest achievement, the one he is most proud of.
— Dissolve DC (@Dissolve_DC) twitter.com/Dissolve_DC/status/1813957483179995157?ref_src=twsrc%5Etfw”>July 18, 2024
A One x user highlighted some of the promises made by Triumph that he failed to deliver on, including the wall the former president said he would build on the border with Mexico, as well as promises that he would jail Hillary Clinton and pay off the national debt.
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