The annual Bitcoin conference kicked off yesterday… and this year’s event promises to be unlike any other.
In fact, Bitcoin 2024 will set the stage for Bitcoin to become more than just an alternative asset—but rather a cornerstone of the global financial system.
Today, we’ll dive into why this event will be a pivotal moment for cryptocurrency’s future…
A political paradigm shift
Crypto investors and enthusiasts have descended on Nashville, Tennessee, for Bitcoin 2024.
A handful of noteworthy speakers will be headlining the event—including politician Robert F. Kennedy, Jr., Ark CEO Cathie Wood, MicroStrategy chairman Michael Saylor, businessman Vivek Ramaswamy, actor Russell Brand, and infamous NSA whistleblower Edward Snowden.
(It’s worth noting that several other notable politicians, including members of the Senate and Congress, will also be speaking.)
But no speaker is as notable as former President (and current presidential candidate) Donald Trump.
Trump’s appearance marks a historic moment—it’s the first time a current or former president will speak at the annual event.
What’s more, there’s speculation across the media that Trump could announce during his speech that the federal government would hold Bitcoin as a reserve currency under his administration.
Obviously, such an announcement would be a game-changer, attracting more capital than ever to the crypto space.
But even if that doesn’t happen, the event roster—in particular, Trump’s presence—underscores the paradigm shift taking place across the political landscape when it comes to showing support for crypto.
The Biden Administration has been notably anti-crypto over the past four years, with the government going after any business remotely connected to digital assets (including ours) with Operation Choke Point 2.0.
But Trump has indicated we could see pro-crypto policies from his administration if he’s re-elected. He’s already declared himself the “crypto president” and said he’d like all Bitcoin mining to happen within the U.S.
Crypto will also likely become a significant focal point of Vice President Kamala Harris’s newly launched presidential campaign as both candidates go after younger voters.
Plus, several senators and high-profile figures are throwing their weight behind Bitcoin.
Put simply, crypto’s political momentum is building… which is sending institutional confidence in Bitcoin soaring. Companies like Marathon Digital and MicroStrategy are already actively purchasing it on the open market. And the inflows into Bitcoin ETFs are off the charts.
This combination of political and institutional support hints at a not-too-distant future where Bitcoin is a mainstream asset class… propelling it to new heights.
What to expect from Bitcoin’s price action
Bitcoin’s reaction to Trump’s speech remains to be seen. Even if Trump makes a bullish announcement, we could see a “buy the rumor, sell the news” knee-jerk reaction across the crypto market.
But overall, the entire event will be incredibly bullish for Bitcoin. Frank has been pounding the table for months about why 2024 will be a major turning point for crypto—and Trump’s speech proves it. A pro-crypto administration will open the floodgates for new capital to flow into the space… driving new growth and adoption like we’ve never seen before.
If you don’t have exposure to crypto, now’s the time to get it.
For Frank’s advice on how to make life-changing returns in crypto, join his upcoming event—Crypto 2024: 5 Critical Catalysts. It’s completely free to attend. Save your spot now.
