In the Venetian’s convention center, thousands gathered to listen to influential industry figures, legislators, and personalities from around the globe discuss their thoughts on Bitcoin.
JDVance, the US vice president who attended the event in Nevada, was by far the largest draw. reported The Bitcoin Conference is a $1,000,000 per-head fundraising event.BTC) conference. Vance, a crypto policy expert who is largely second to Donald Trump, urged Bitcoiners not to give up on the technology. get more involved in politicsThey may have a significant impact on the midterm election in 2026.
Not only the vice president spoke at the event, but also “freedom” His messaging. Michael Saylor, co-founder of Strategy, used the word three times in his message. “21 Ways to Wealth” Speech, Silk Road founder Ross Ulbricht focused on this subject in his address to supporters. Ulbricht was pardoned by Trump four months after he had been released from prison.
“So long as we can agree that we deserve freedom and that decentralization is how we secure it, then we can be united, we can have each other’s backs, just like you had mine,” Ulbricht said, thanking Bitcoiners who he credits with helping him to be released.
Bitcoins and Crypto Policy: A Special Focus
Many speakers, as with other US-based crypto conferences since Trump addressed the Bitcoin 2024 Conference during his campaign for president, focused on regulations, policies and laws that could affect investors’ bottom line.
Hester Peirce is one of the most prominent crypto-advocates at the US Securities and Exchange Commission. spoke on the future The agency is led by Paul Atkins. Members of the US Congress including Representatives Bryan Steil, Byron Donalds & Tom Emmer and Senator Cynthia Lummis spoke at panels on the effort to pass legislation to create a payment stablecoin and a digital currency market structure.
“As we get closer and closer to two key pieces of legislation, both market structure and stablecoins, I wanted to come out and make sure the people understand how transformative these pieces of legislation will be,” Steil told Cointelegraph on why he spoke The event is a great opportunity to meet new people.
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Bo Hines, a presidential advisor on crypto and David Sacks represented the administration at the event and spoke about Trump’s view on Bitcoin. Sacks was speaking as the government looked into ways of establishing a BTC reserve. suggested there was a “budget-neutral” way For the US to purchase more cryptocurrency.
Adoption announcements were made by representatives of other countries including Nigel Farage (leader of Reform UK), the mayor of Panama City as well as the leader of Pakistan’s crypto-council. Pakistan is a government that has adopted a crypto council. moving toward establishing Panama City Mayor Mayer Mizrachi has its own BTC Reserve proposed a Bitcoin-friendlier approach for ships Farage has said that his party will not allow the canal to be used by any other country. begin accepting crypto donations In preparation for the next UK General Election.
“No wonder so many people are going for Bitcoin and going for crypto — because they can’t close you down, and that is the ultimate freedom,” Farage stated.
Bitcoin’s price has dropped by a little over 5% from its previous high of more than $100,000 to just $104,745 as of this publication.
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Source: cointelegraph.com
