At the Bitcoin Conference in Nashville (Tennessee, USA), held from July 25 to 27, 2024, several politicians and prominent figures in the Bitcoin world spoke. It should be emphasized, for politicians, that they want votes for the candidacy as US president. However, someone open-minded to this new technology is better than people who consider crypto holders as criminals. Let's see what was discussed and the sentences with greater impact.

HIGHLIGHTS FROM DONALD TRUMP'S SPEECH

-Mining in the US will become more convenient

-USA will become the world capital of crypto and BTC

-It will end...the anti-crypto campaign started by Biden and which will continue if Harris is elected. The use of weapons against your industry will end

-Gary Gensler, head of the SEC, will be fired on day 1

-There will be no CBDC (tracked virtual currencies issued by central banks)

-He will defend the right to self-custody and privacy

-He will encourage government investments in BTC (which is not seen as a threat to the dollar)

-The cost of energy will be lowered (which will favor mining in the US)

-USA holds 1% of the BTC supply (seized in various operations by the FBI) ​​​​and will never be sold, at least as long as he remains in office (BTC will become a strategic reserve)

-Ross Ulbricht, founder of Silkroad (Black Market seized in 2013 by the FBI), will be released from prison (he has a life sentence)

ROBERT KENNEDY JR

Presidential candidate Robert Kennedy Jr. (RFK Jr.) plans an executive order requiring the U.S. Treasury to purchase 550 BTC per day until until the reserve holds 4 million BTC: "The cascading impact of these actions will drive $BTC to a valuation in the hundreds of trillions of dollars."
RFK Jr. Announces Executive Order Ordering IRS to Make Sweeping Changes how it handles $BTC transactions: "All transactions between Bitcoin and USD are non-reportable transactions and therefore non-taxable".

EDWARD SNOWDEN

Edward Snowden talks about Bitcoin as an alternative to the rigged system run by corrupt politicians and regulators: "We're winning, ladies and gentlemen. But we haven't won... So we have to make sure we don't get cocky".

MICHAEL SAYLOR

Michael Saylor shares his perspectives macroeconomic scenarios for $BTC in the year 2045:
-Bearish Case = $3 million per coin
-Base Case = $13 million per coin
-Bullish Case = $49 million per coin
Saylor argues that the US government should own most of the Bitcoin in the world: "The future of the country is in cyberspace and Bitcoin is the cyber Manhattan. The way you support the dollar is to buy Manhattan. And you buy it before it's worth $100 trillion".

ROBERT MITCHNICK

Blackrock's Head of Digital Assets Says ETF Buyers Were Almost Entirely Buy-and-Hold Investors: "Blackrock Spot $BTC ETF Had One Day of Negative Flows in 6 Months".

DAVE SMITH

Dave Smith has some very strong words on why Bitcoin's potential is limitless: "Every evil thing governments do is because they control the money supply".

CYNTHIA LUMMIS

Senator Cynthia Lummis proposes a bill for the state government United where they will buy 5% of the total $BTC supply and hold it for at least 20 years. Saylor's prediction will come true if this happens.

MY THOUGHTS
This conference, as it should be, was very bullish. Surely some of these politicians want the votes of bitcoiners but better someone who will at most not respect what he says rather than a hostile environment (like the one created by the Democrats, by Biden with Gensler as head of the SEC). I add that unfortunately Bitcoin (intended as a system) has become this. People invest for its fundamentals but they declare it as income and pay taxes on it. I do not want to encourage illegality but if you are under the laws of a Government / State / Parliament you have not understood anything about Bitcoin because one day they could tax your capital gain at 70% or prevent you from making transactions after a certain time (otherwise you will be fined). A State, through laws, can cancel the freedom to use BTC (through force and by instilling fear) and also its policies of decreasing inflation (halving) through increasingly higher taxation. If I invest in BTC, I do it because I believe it can be a diversification of my portfolio but if a State imposes laws/taxes on me (which it can change as it wants over the years) my investment loses meaning. This leads to centralization (which has already started several years ago, will continue with ETFs and regulations).

Remember however that in the Bitcoin protocol "the law is the same for everyone". Whether you are Trump, Saylor, Biden, a State, a Government, the Police, an ordinary person... there is no difference. Bitcoin allows you to do what you want. You are the one who must decide which side to be on: whether to respect the impositions of a centralized body or not.

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