In a fiery speech at the Bitcoin Conference, former President Donald Trump made bold promises, including firing Gary Gensler on his first day in office to uproarious applause. Trump also criticized law enforcement seizing bitcoin funds and hurled insults at Sen. Elizabeth Warren and Sen. Kamala Harris, accusing them of being “against crypto.”
Trump, along with a Republican delegation, advocated for cryptocurrency and unveiled plans to buy 1 million bitcoin over five years. However, his stance on crypto has drawn criticism, with former presidential candidate Kennedy denouncing Trump’s previous anti-bitcoin sentiments.
Despite the controversy, Trump garnered support from billionaire Vivek Ramaswamy, who called out Kennedy’s criticism as political pandering and advocated for support of Trump’s platform.
With tensions running high and conflicting views on cryptocurrency, Trump’s speech ignited discussions on the future of digital currencies and the role of government regulation in the industry.