Donald Trump, who used to be the president of the United States, spoke at a big meeting about Bitcoin, a type of digital money. He said that if he becomes president again, he wants the United States to have a lot of Bitcoin and be the best place for digital money. He also said that the current government is not doing a good job with digital money and he wants to change that. Read from source...

- Former President Donald Trump advocated for a strategic national crypto stockpile at a recent Bitcoin Conference. He assured that if he were to return to the presidency, the U.S. government would retain its Bitcoin BTC/USD holdings.
- What Happened: Trump made the proposal during his keynote speech at the Bitcoin Conference in Nashville on Saturday.
- The former president’s remarks come in the midst of the 2024 presidential race, where the campaign for America’s frontline fintech adopters is gaining traction.
- Trump’s proposal to retain the U.S. government’s current Bitcoin holdings appears less radical compared to other proposals presented at the conference, as per CNBC.
- "For too long our government has violated the cardinal rule that every Bitcoiner knows by heart: Never sell your Bitcoin," Trump said at the conference during his keynote speech.
- "This afternoon I'm laying out my plan to ensure that the United States will be the crypto capital of the planet and the Bitcoin superpower of the world and we'll get it done," he added.
- During the crypto event, Robert F. Kennedy Jr., a third-party candidate, pledged to establish a reserve of 4 million Bitcoin, starting with the U.S. government’s current Bitcoin holdings from criminal seizures.
- Meanwhile, Sen. Cynthia Lummis (R-Wy.), proposed to accumulate an official U.S. federal reserve of 1 million Bitcoin over five years.
- Trump criticized President Joe Biden and Vice President Kamala Harris administration’s approach to cryptocurrency and Bitcoin, stating, “The Biden-Harris administration’s repression of crypto and Bitcoin is wrong and it’s very bad for our country.”
- He also pledged to form a “Bitcoin and crypto presidential advisory council” and vowed to dismantle what he termed the “anti-crypto crusade” of Biden and Harris.
- His recent endorsement for the digital currency aligns with the Republican Party’s pledge to remove the Biden-Harris administration’s regulatory hurdles, turning crypto regulation into a pivotal voting issue for the upcoming November elections.

Summary:
Trump proposes a national crypto stockpile and promises to retain Bitcoin holdings if he returns to the presidency. He criticizes the current administration's approach to cryptocurrency and vows to form a presidential advisory council and remove regulatory hurdles.

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Summary:
In a recent speech at a Bitcoin Conference in Nashville, former President Donald Trump proposed the idea of creating a strategic national crypto stockpile and ensuring that the U.S. would retain its Bitcoin holdings if he were to return to the presidency. He criticized the current administration's approach to cryptocurrency and pledged to form a "Bitcoin and crypto presidential advisory council" to remove regulatory hurdles.