Former President Trump’s Crypto-Friendly Stance: Speaking at Bitcoin 2024 Convention

Former President Trump is making waves in the crypto community as he looks to solidify his support ahead of the 2024 U.S. election. Reports from Axios indicate that Trump is in talks to speak at the Bitcoin 2024 convention, set to take place in Nashville, Tennessee from July 25th – 27th, 2024.

The Bitcoin 2024 event is a significant gathering for the crypto industry, with Bitcoin Magazine hosting the largest BTC event of the year. It was at the Bitcoin 2020 event in Miami where El Salvador made headlines by announcing its adoption of Bitcoin as legal tender. With this year’s event following the Republican National Convention, Trump could use the platform to make a major statement about his stance on Bitcoin.

Trump’s growing support for Bitcoin and crypto has been evident in recent months, with the former president meeting with leading Bitcoin miners in the U.S. and expressing his desire for all remaining BTC to be mined in the country. At a recent rally, Trump vowed to end President Biden’s “war on crypto” and ensure that the future of Bitcoin is made in America.

This crypto-friendly stance has endeared Trump to the industry, leading to on-chain donations to his campaign. The founders of Gemini crypto exchange, Tyler and Cameron Winklevoss, recently donated $2 million to Trump’s campaign, adding to the roughly $60,000 in on-chain crypto donations received prior to their contribution. With off-chain contributions via exchanges yet to be accounted for, the total amount of crypto donations to Trump’s campaign could be even higher.

As the 2024 election draws closer, Trump’s outreach to the crypto community could prove to be a strategic move in securing support from a key demographic. Stay tuned for more updates on Trump’s engagement with the crypto industry as the election season heats up.