JUST IN: Trump Vows To Make US The 'Crypto Capital Of The Planet' During Bitcoin Conference Remarks
On Saturday, former President Donald Trump delivered remarks as the keynote speaker at the Bitcoin Conference 2024.
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NewsTranscript
00:0045th President of the United States, and soon to be the 47th President of the United States.
00:30The President of the United States, and soon to be the 47th President of the United States.
01:00The President of the United States, and soon to be the 47th President of the United States.
01:30The President of the United States, and soon to be the 47th President of the United States.
01:35The President of the United States, and soon to be the 47th President of the United States.
01:40The President of the United States, and soon to be the 47th President of the United States.
01:45The President of the United States, and soon to be the 47th President of the United States.
01:50The President of the United States, and soon to be the 47th President of the United States.
01:55The President of the United States, and soon to be the 47th President of the United States.
02:00The President of the United States, and soon to be the 47th President of the United States.
02:05The President of the United States, and soon to be the 47th President of the United States.
02:10The President of the United States, and soon to be the 47th President of the United States.
02:15The President of the United States, and soon to be the 47th President of the United States.
02:20God Bless the United States!
02:35Hello, Bitcoiners! Thank you very much.
02:38Hello, it's good to be with you.
02:41It's good to be here with you.
02:45So, Secret Service joined me today
02:49Secret Service just told me, sir, would like a little more time.
02:53I said, you take all the time you want.
02:57You can take two hours, three hours, the hell with the people that have been waiting out
03:01here.
03:02But it's I'm sure they don't mind either.
03:05But it is a great honor.
03:07And a lot of things are happening in the world.
03:10We just heard you probably heard that Israel was just attacked or is severely attacked.
03:16And Hezbollah looks like.
03:19And this is things that won't happen.
03:21I mean, you just this can't they have to respect us.
03:25They have to respect.
03:26They cannot do this.
03:27They cannot do this.
03:28What they did just now with that attack is terrible.
03:31Just happened.
03:32And so to all God bless everybody.
03:36This is so serious.
03:38They have to respect our country.
03:40This would never have happened with us.
03:43And we just cannot let it continue.
03:46So we just wish them all a lot of luck.
03:48This happened to us as I'm walking on the stage.
03:50You probably most of you have heard about it, but it just it's a terrible thing.
03:56But I'm thrilled to be here in Nashville to become the first American president ever to
04:00address a Bitcoin event anywhere in the world, anywhere in the world.
04:12I want to thank David Bailey for inviting me.
04:16Special guy.
04:17You know, this whole love affair sort of started, David, about four months ago, was at Mar-a-Lago.
04:24I took a picture with him.
04:26I mean, he's a nice looking guy.
04:27He's OK.
04:28It's out here someplace.
04:30But I took a picture.
04:31It got published.
04:32Trump and David Bailey.
04:34All of a sudden, your industry went through the roof.
04:36So, David, congratulations.
04:38Whatever the hell you do, you did a hell of a job.
04:42But as well as all of the Bitcoin luminaries and legends here, you have a legends in this
04:48room.
04:49They really are.
04:50Congratulations.
04:51Would the legends please stand?
04:52Oh, everyone's standing anyway.
04:55That's nice.
04:56I used to say, sit down, everybody.
04:57Sit down.
04:58But it's nice when they stand, including Tyler and Cameron.
05:01You know who that is?
05:04We go boss.
05:06These are great guys.
05:07They look like male models with a brain.
05:09You know, they're male models with a big, beautiful brain.
05:14Michael Saylor is here.
05:19Cathie Wood, Cathie Wood.
05:23Ron Paul and Rand Paul are here.
05:29Vivek is here.
05:31Vivek Rameshwami.
05:32Where's Vivek?
05:33Where are you, Vivek?
05:34There he is.
05:35He's great.
05:36A man that I call Bob, but you probably know as Kid Rock.
05:44Where's Kid Rock?
05:45Where is he?
05:46He's great.
05:47He's a good guy and a talented guy and another talented guy.
05:51He was so incredible.
05:53This one, he went and he played at the funeral of a great fireman who was killed.
05:59Fire Chief killed a week and a half ago at the rally.
06:04And Billy Ray Cyrus went and played music for the family, and it was supposed to be
06:10so incredible.
06:11I've heard so many things about it.
06:12And Billy Ray Cyrus is here.
06:14Where's Billy Ray?
06:15He's around here someplace, and he's great.
06:20He's a conservative guy.
06:21I said, how did you get such a liberal daughter?
06:23How did that happen, Billy?
06:28And by the way, Kid Rock was incredible at the convention.
06:31You probably saw him.
06:32You saw him.
06:33He was great.
06:34He was great.
06:37Another one, Jake Paul.
06:38You don't want to fight this guy.
06:41You know, you don't want to fight.
06:43He's got a big fight coming with Mike Tyson, but he's glad he didn't fight Mike when Mike
06:47was 19.
06:48He told me that today.
06:50But it's he's a fantastic guy, very talented guy in a lot of ways.
06:55Governor Joe Lombardo, who's fantastic and we're doing well in his state, and he's going
07:02to make sure that there's no hanky panky going on.
07:06And if that happens, we're going to win his great state.
07:09But you know who he is.
07:10And he's a fantastic governor.
07:12Senators Bill Hagerty, Marsha Blackburn, Cynthia Lummis, Tim Scott.
07:26And Tim was great.
07:27Boy, I'll tell you, he was such a strong voice for me.
07:30He was on so many shows and did such a great job during the primaries.
07:36He was incredible.
07:37I want to thank him.
07:38Special guy.
07:39They're all special people.
07:40They're warriors.
07:41Tommy Tuberville, you know, Tommy Tuberville, senator from Alabama.
07:47And you have many members of Congress.
07:49Andy Ogles, Thomas Massey, John Rose, Mark Green and French Hill and the next U.S. senator
07:59from Ohio.
08:00I hear he's doing very well.
08:01Bernie Marino.
08:03Where is Bernie?
08:04I hear Bernie's doing well.
08:08The great Laura Loomer.
08:09Some of you know Laura.
08:10She's a fantastic person, great woman, and a tremendous developer from New York and Florida.
08:17One of the best.
08:18Steve Whitkoff.
08:19And he's got his son, Alex, with him today.
08:21That's an incredible family development family.
08:23They've been supporters from the beginning.
08:26Howard Lutnick, Cantor Fitzgerald, credible, one of the truly brilliant men of Wall Street
08:33and a whole group of his distinguished guests and a lot of our distinguished guests.
08:37We have a lot of other people here and I won't bother anymore.
08:40That's enough because we have to talk about crypto.
08:44We have to talk about Bitcoin.
08:46We have to talk about all these great companies.
08:51But our country is blessed to have the extraordinary talent, energy and genius represented in this
08:58room.
08:59It really is great genius.
09:00Not all of you, but most of you, many of you.
09:04But this is the kind of spirit that built America and this is the spirit that's going
09:08to help us make America great again.
09:11That's what we're doing.
09:14I stand before you today filled with respect and admiration for what the Bitcoin community
09:20has achieved.
09:21It's incredible.
09:22Actually, I sort of say to my sons, it's like incredible because they know so much about
09:29it.
09:30And so they're so aware of it, much more so than people that are a little bit older.
09:34But I say this is the steel industry of 100 years ago.
09:37Really is.
09:38I think you're just in your infancy.
09:40I can see it happening in just 15 years, Bitcoin is gone from merely an idea posted anonymously
09:47on an Internet message board to being the ninth most valuable asset anywhere in the
09:54world.
09:55Can you believe that?
09:56Is that right?
09:57That's a big deal.
10:01Think of that.
10:02It's already bigger than Exxon Mobil.
10:04Soon it will be surpassing the entire market cap of silver.
10:09It's not bad.
10:11About gold.
10:12How about gold?
10:13Let's go go.
10:16And one day it probably will overtake gold.
10:19But based on the way it's going now, it could very well be a possibility.
10:24There's never been anything like it.
10:26And I don't think you've ever seen anything like it.
10:29And most people have no idea what the hell it is.
10:31You know that, right?
10:33So what happens when they figure it out?
10:34That's going to really be something.
10:36Bitcoin is not just a marvel of technology, as you know.
10:40It's a miracle of cooperation and human achievement and a lot of relationships that are formed.
10:46I just did a meeting, a roundtable with a lot of the leaders.
10:50And it's amazing.
10:51There's a great camaraderie.
10:53It's really interesting.
10:55There's obviously there's competition, but there's a relationship.
10:59There's a friendship that's developed with a lot of these people.
11:01I noticed it.
11:02I don't usually see that too often.
11:04I see the opposite, actually.
11:06They want to they want to get each other.
11:09They want to kill each other.
11:11These guys have a great feeling.
11:14You're smart people to congratulations on all that you've accomplished.
11:19This room is amazing.
11:20The people in this room, the high IQ individuals, I'm running against a low IQ individual, her.
11:26I'm not even talking about him, her.
11:28I got a low IQ individual.
11:34The reason I've come to address the Bitcoin community today can be summed up in two very
11:42simple words.
11:44America first, because if we don't do it, China is going to be doing others are going
11:48to be doing it.
11:49Let's do it and do it right.
11:51My vision is for an America that dominates the future.
11:55We have the best economy, the highest standard of living, the safest and most beautiful cities.
12:01And by the way, when I say safest, our cities are going to hell right now.
12:07Our cities are going to hell.
12:08We're going to fix our cities.
12:09We're going to work with Democrats that have destroyed our cities, but we'll work with
12:12them and we're going to get our cities back.
12:14We're going to bring our country back.
12:22And we really were the freest and the most ambitious, most dynamic nation ever to exist
12:29on Earth.
12:30And we're going to get that back again because we're not there now.
12:32We're a nation in decline.
12:34You know it.
12:35We know it doesn't sound nice.
12:37But it's OK, because we're going to bring it back.
12:39We're going to bring it back fast.
12:40Right now, it's it's embarrassing.
12:43It's embarrassing.
12:44What's up?
12:45And even today, when you look at what we just said that would never have happened if they
12:48respected our country, if we don't embrace crypto and Bitcoin technology, China will.
12:55Other countries will.
12:56They'll dominate.
12:57And we cannot let China dominate.
13:00They are making too much progress as it is.
13:03And we want them to be successful.
13:05I don't want China to be successful, but we have to be the most successful.
13:09What's going to what's going to happen?
13:12I want the United States to be first in technology, first in science, first in manufacturing,
13:18first in artificial intelligence and first in space.
13:21You know, at MIT, my uncle was a professor there, Dr. John Trump.
13:28He would have fit in with this room very nicely, actually.
13:30That's why I mentioned it.
13:32And I believe he was the longest serving professor in the history of MIT.
13:36He graduated.
13:38We have a very intelligent family, actually.
13:40He graduated tremendously.
13:43I think he has three different degrees.
13:45But they said, would you like to stay on, John, and be a professor?
13:49Well, I've got a lot of offers, I assume he said, but I've got a lot of offers.
13:53Well, we'd like he was there for, I believe, 41 years.
13:56When I was in the White House, the head of MIT came to see me and they presented me with
14:01a book on my uncle.
14:03He was a legendary guy in the academic world and in the world of MIT.
14:08So I understand a lot about what you're doing.
14:11And I have great respect for highly intelligent people.
14:16And you are highly intelligent.
14:19America's destiny is to lead our rivals and everything and to surrender our industries
14:24to no one.
14:27No one.
14:28You know, some of you are involved with AI, but you also have the same thing.
14:33You need a thing called electricity.
14:35You need a lot of electricity.
14:36You know, AI needs to be really dominant.
14:42And China can do it much easier.
14:43We have environmental impact statements to do, but we're going to do things that nobody
14:47thought were possible.
14:49You need tremendous amounts of electricity.
14:52You need double the electricity of the entire electricity that we have right now in the
14:58United States to dominate.
15:01And we'll get that done.
15:02Who would think we can get that done?
15:04But we're going to get it done.
15:05We'll be having power plants built at the sites.
15:09We'll be releasing people from certain ridiculous requirements.
15:15And we'll be using fossil fuel to make electricity because we're going to have to.
15:20We'll be using nuclear.
15:21We'll be doing it in an environmentally friendly way.
15:24But we will be creating so much electricity that you'll be saying, please, please, President,
15:30we don't want any more electricity.
15:32We can't stand it.
15:33You'll be begging me.
15:34No more electricity, sir.
15:36We have enough.
15:37We have enough.
15:39You know, in the Midwest, they just opened.
15:41It was very interesting.
15:42They just opened up two chargers, you know, a charger for the electric cars.
15:49And you know, I love Elon.
15:50He's great.
15:51He endorsed me and great endorsement and everything else.
15:53But not everybody has to have an electric car.
15:55I told him that.
15:57So we're going to get rid of that mandate, if you don't mind.
15:59Some people want gasoline propelled car.
16:02Some people want a hybrid.
16:06And some people like an electric car.
16:08They're great.
16:09I think they're great.
16:10I think what he's done is great.
16:11And I think he understands that.
16:12I guess he probably wouldn't have endorsed me.
16:14He knows who I am in this.
16:15But he did.
16:16And it's just like they did these chargers in the Midwest.
16:21There are eight of them.
16:24They spent nine billion dollars to build eight charges to charge up a car.
16:32And at that rate, it would cost approximately 12 trillion dollars to put the charges.
16:37Somehow that's not working.
16:39The country would have to file for Chapter 11.
16:42We'll do a chapter.
16:43You know, it's called Chapter 7 instead of a Chapter 11.
16:47No, we have to use our brain.
16:49We have to be.
16:51We are the party of common sense, OK?
16:54We have to have common sense.
16:56But what we do have to do is we have to produce tremendous electric for A.I. and for all of
17:03the other things, including the things that you're doing.
17:06And we'll get it produced and we're going to get it produced fast or we're not going
17:09to be able to compete with China and other countries.
17:12So we're going to get it produced fast.
17:17This afternoon, I'm laying out my plan to ensure that the United States will be the
17:21crypto capital of the planet and the Bitcoin superpower of the world.
17:26And we'll get it done.
17:31If crypto is going to define the future, I want to be mined, minted and made in the USA.
17:39It's going to be it's not going to be made anywhere else.
17:42And if Bitcoin is going to the moon, as we say, is going to the moon.
17:46I want America to be the nation that leads the way.
17:50And that's what's going to happen.
17:51No, you're going to be very happy with me.
17:54You're going to be so happy.
17:56You're going to say he's the greatest guy.
18:01That's why I'm proud to be the first major party nominee in American history to accept
18:05donations in Bitcoin and crypto.
18:11And they've made a lot of them, I might tell you.
18:14And I appreciate it since we made that announcement on May 21st.
18:18We have already raised twenty five million dollars, much of it in Bitcoin, crypto and
18:22others.
18:23Others that are very, very good also.
18:26But as you know, our excitement about the future of Bitcoin and crypto could not be
18:30more difficult from the approach of our opponents.
18:34Can't be.
18:35Look, our opponents have gone a difficult route.
18:40You go on old fashioned stuff.
18:41We're going to take it right down the middle.
18:44We are going to.
18:45We're so different from anybody else in terms of a campaign.
18:48First of all, we understand that they don't understand it.
18:51They are blocking your path.
18:52They're blocking your way.
18:54But I've made it a lot easier for you because the SEC has been very, very tough on you.
18:59And now they see that you've embraced me.
19:01All of a sudden, people that were under investigation, they're being let go.
19:05They say, oh, no, we don't want to do that.
19:07We love crypto.
19:08Let me tell you, if they win this election, every one of you will be gone.
19:15They will be vicious.
19:16They will be ruthless.
19:18They will do things that you wouldn't believe.
19:20But right now, because of me, they're leaving you alone.
19:22So please say thank you, President Trump.
19:25Thank you very much.
19:31And the reason they're doing that is I've heard from some of your great geniuses that
19:36talk to me about this subject.
19:39I've heard from Vivek, 175 million people in some form are involved with this world
19:48of crypto and Bitcoin and all of the others, 175 million.
19:52So when they heard that, they said, let's be nice to them, at least until after the
19:56election.
19:58So I've taken a lot of pressure off a lot of people.
20:01A lot of people are very happy today that about three months ago weren't so thrilled.
20:06For three and a half years.
20:07Is that right?
20:08Look, he just said that's right.
20:10And you know, it's right.
20:11But three and a half years, the current administration has waged a war on crypto and Bitcoin like
20:17nobody's ever seen before.
20:18For those who work in this industry, they target your banks.
20:22They choke off your financial services.
20:24Have people seen that?
20:26Yes.
20:27Yeah, they have plenty of hands up.
20:30They block ordinary Americans from transferring money to your exchanges.
20:35They slander your they slander you as criminals.
20:38But that happened to me, too, because I said the election was rigged.
20:42He said the election was rigged.
20:44He should spend the rest of his life in jail for making that statement.
20:47Of course, they say it about us and it's OK right now.
20:51And by the way, we're doing very well on the election.
20:54You know, we lost a candidate recently, Brooker Joe Biden.
21:00And I thought we lost this wonderful person.
21:03You know, it's actually a terrible human being, if you want to know the truth.
21:06So don't feel sorry.
21:08And we have another worse.
21:09He's the worst human being.
21:10But and I sort of made an analogy last night.
21:14Last night, think of this.
21:15I was speaking in front of a very powerful and very strong, very religious group, Christian
21:22group, Christians, evangelicals, Christians.
21:25And then today I come in front of Bitcoin and now I'm going to Minnesota to do a rally.
21:32You think my life is so great, don't you?
21:34Huh?
21:35But I cover a lot of territory.
21:36I go from religion to Bitcoin to a rally.
21:42And I don't get it mixed up like other people do.
21:51Where they come out and they say, may God bless everybody involved in the Bitcoin world.
21:59But actually, we mean that because you need blessing, because you've got to do something
22:03very spectacular.
22:04But we had an incredible, an incredible time last night talking to Christians, largely
22:10Christians, a Christian group.
22:12And this is so great.
22:13And then we have a very big rally in Minnesota hasn't been one since 1972.
22:19Richard Nixon, can you believe it?
22:21And I think, you know, I think we're leading Minnesota.
22:25But there's some hanky panky that goes on in Minnesota.
22:28But I think we're doing good.
22:29So we're going to leave here.
22:31We're going to go there for a big rally.
22:33But this is such an honor to be with you.
22:35Sadly, when we see the attacks on crypto, it's a part of a much larger pattern that's
22:42being carried out by the same left wing fascists who weaponize government against any threat
22:48to their power.
22:49They've done it to me.
22:50Did you see I just won the big case in Florida?
22:53Thank you very much.
22:54The big case.
22:55Thank you very much.
22:57Thank you very much.
22:58Good.
22:59Now, it's a big case.
23:00That was the document case.
23:01I have Presidential Records Act on my side.
23:04Biden didn't.
23:05By the way, Biden, they said, here's what they said.
23:09They said, he's guilty as hell, but we're not going to charge him because he's incompetent.
23:17I won the case the old fashioned way.
23:19It's called you win.
23:22I wouldn't have wanted to win the way he won.
23:26I won the case because they called him incompetent.
23:29Think of this.
23:30So they called him incompetent.
23:33So he's incompetent to run for trial, to stand trial.
23:36But he's not incompetent to run the country.
23:38How does that work?
23:40But he's not doing it anymore because he didn't do particularly well in the debate.
23:44Did anybody watch the debate?
23:46Not too many people.
23:52Somebody said to me, you did horribly in the debate.
23:54I said, why?
23:55He said, because there's no way he can continue forward.
23:58That's how bad he was.
23:59He said, I understand that.
24:01And that's exactly what happened, actually.
24:03We had a great debate.
24:04It was a tremendous debate, actually.
24:06And since then, hey, look, you have to open the eyes.
24:11You have to you have to see what's going on.
24:13We have a country to run.
24:14The problem is that Kamala is worse than Joe is worse.
24:19She's a radical left lunatic, defund the police, all of the different things.
24:25And so far, we're doing she's got a little honeymoon going on right now.
24:28But when people hear about her and she's against crypto, by the way, and she's against it very
24:33big.
24:34So I just want to let you know, you got to get out.
24:36You got to get out and vote.
24:38It should be no surprise that these same totalitarians are hell bent on crushing crypto and obliterating.
24:46And that's what they want to do.
24:47And that's what they're stated.
24:48Well, I mean, they're there right now.
24:51You have the SEC.
24:52You know what they're doing, obliterating Bitcoin.
24:56The reason could not be more clear because Bitcoin stands for freedom, sovereignty and
25:01independence from government coercion and control.
25:07The Biden Harris administration's repression of crypto and Bitcoin is wrong.
25:13And it's very bad for our country.
25:15It's really quite un-American.
25:18As you know, six days ago, we officially defeated the worst president in the history of the
25:24United States.
25:25I believe he was the worst president in the history of the United States.
25:28Think of it.
25:30Millions and millions of people have come into our country.
25:33They've come in from jails.
25:36They've come in from think of it insane asylums, mental institutions.
25:41They've come in as terrorists.
25:43We have the largest number of terrorists coming into our country right now.
25:47The same people that you just heard about from Israel that did that in Israel.
25:52They're coming in and nobody checks them.
25:55Nobody knows what's going on.
25:56We have no idea what's going on.
25:58They've lost control of our country and only bad things can happen.
26:03So it's not going to be that way.
26:06We're not going to let that happen.
26:07We're beating them and we're beating them badly.
26:10And we have to make sure that we do.
26:12We need to do it for our country.
26:14And you can't just be a fighter and have your man lose the fight or woman.
26:19But in this case, a man, he's losing the fight.
26:23He's down by 15, 16, 17 points.
26:26They say that you're not going to win, Joe.
26:29You got to get out.
26:30He didn't want to get out.
26:31He said, I'm not getting out.
26:32He said, you're getting out.
26:34He said, I'm not getting out.
26:35I got 14 million votes.
26:36I'm not getting out.
26:37They said, if you're not getting out, we're going to institute the 25th Amendment on your
26:42mental competence.
26:43He said, like I said before, I think I'm going to get out.
26:47OK.
26:49And they got him out.
26:50But it's like think of this.
26:52You fight you.
26:53You're in a campaign.
26:54You spend a lot of money, a lot of time, a lot of effort.
26:58And he's losing.
26:59And then they say, let's take him out of the fight.
27:01We'll put a new fighter in there.
27:03The new fighter is her.
27:05Probably my second choice.
27:07He will always be my first choice, but she'd be my second choice.
27:12And again, if we don't win this race, and I know you're not that political, but you
27:16have to be political because your whole thing, I mean, you have a lot of politics involved
27:20in what you do.
27:21If we don't win this race, this country could be finished.
27:25As we know it, this country is going to be in bad shape and we have to be in there.
27:29We have to fight and we have to win.
27:31I pledge to the Bitcoin community that the day I take the oath of office, Joe Biden and
27:37Kamala Harris's anti crypto crusade will be over.
27:41It will end.
27:42It'll be done.
27:43It'll be done.
27:47The moment I'm sworn in, the persecution stops and the weaponization ends against your industry.
27:54And as long as I'm in the Oval Office, Elizabeth Warren, Pocahontas, do you remember?
28:02Yes, I'm an Indian.
28:03Yes, she said, I'm an Indian.
28:05Why are you an Indian?
28:06You don't look like an Indian.
28:07No, no.
28:08Don't tell me I have high cheekbones.
28:10Oh, that's why she was an Indian.
28:13So I named her Pocahontas, Elizabeth Warren and her goons.
28:18And she's very nasty to you.
28:20She hates your people.
28:21She hates everything about you.
28:23We'll keep their hands off Bitcoin.
28:25They're going to keep their hands off crypto.
28:28They're going to let it grow.
28:29We're going to let it grow on day one.
28:31I will fire Gary Gensler and appoint a new SEC chairman.
28:46I didn't know he was that unpopular.
28:52Well, I didn't know he was that unpopular.
29:03Let me say it again.
29:06On day one, I will fire Gary Gensler.
29:23I will appoint a new SEC chairman who believes America should build the future, not block
29:41the future, which is what they're doing.
29:46And Kamala Harris wants to make him Treasury Secretary.
29:49That's not good.
29:51That's not good.
29:52He was Hillary Clinton's finance person.
29:55Did you know that?
29:56Crooked Hillary.
29:57Remember Crooked Hillary?
29:58Do you remember her?
29:59Anybody remember?
30:00He was the finance chairman of Hillary Clinton's campaign against a gentleman known as Donald
30:05Trump.
30:06Not a popular person within the actually.
30:10She came to my wedding.
30:11Do you know that to our great first lady, Melania?
30:15She came to our wedding and Bill came to our wedding.
30:18And it's amazing things.
30:19When you run for office, a lot of things change in your life.
30:23A lot of things change.
30:24As president, I will immediately shut down Operation Choke Point 2.0.
30:32They want to choke you.
30:33They want to choke you out of business.
30:35We're not going to let that happen.
30:37And no longer will your government sit by and watch as Bitcoin jobs and businesses flee
30:42to other countries because America's laws are too unclear and too tough and too angry
30:48and too stiff.
30:50We will keep each and every Bitcoin job in the United States of America.
30:56That's what we're going to be doing.
30:59A bond taking office.
31:01I will immediately appoint a Bitcoin and crypto presidential advisory council.
31:07Would anybody like to be on that particular council, please?
31:16Their task will be to design transparent regulatory guidance for the benefit of the entire industry.
31:23And they will get it done in 100 days.
31:27We will have regulations.
31:28But from now on, the rules will be written by people who love your industry, not hate
31:33your industry.
31:34People that want to make it clear and simple, straightforward and fair.
31:39People that want to see your industry thrive, not die.
31:44Next, I will immediately order the Treasury Department and other federal agencies to cease
31:50and desist all steps necessary because, you know, there's a thing going on in your industry.
31:55They want to move the creation of a central bank digital currency.
32:03It's over.
32:04Forget it.
32:05CBDC.
32:06There will never be a CBDC while I'm president of the United States.
32:15And I will always defend the right to self-custody, self-custody.
32:20You're going to have a great industry.
32:25You're going to have a great industry.
32:28And we're going to be fuel for your industry, not demolish your industry.
32:35America will once again be a nation that protects property rights, privacy, freedom of transaction,
32:41freedom of association and freedom of speech.
32:43We're going to change.
32:44We're going to go back to the old days when we were a nation that was building, not a
32:50nation that was eating itself alive from within.
32:55As part of our effort to provide regulatory clarity, we will create a framework to enable
33:00the safe and responsible expansion of staple stable coins.
33:06You know what a stable coin is?
33:08Does anybody know?
33:09Please raise your hand.
33:12Allowing us to extend the dominance of the U.S. dollar to new frontiers all around the
33:17world.
33:19America will be richer, the world will be better, and there will be billions and billions
33:23of people brought into crypto economy and storing their savings in Bitcoin.
33:28So that's the way it is.
33:30That's pretty much the way it is.
33:32Those who say that Bitcoin is a threat to the dollar have the story exactly backwards.
33:37I believe it is exactly backwards.
33:39Bitcoin is not threatening the dollar.
33:42The behavior of the current U.S. government is really threatening the dollar.
33:51The danger to our financial future does not come from crypto.
33:55It comes from Washington, D.C.
33:59It comes from trillions of dollars in waste, rampant inflation and open borders while giving
34:04welfare and free health care to all of the illegal aliens that are pouring into our country
34:10by the millions and millions and millions.
34:14It comes from printing hundreds of billions of dollars to fund endless wars overseas while
34:19our cities are like combat zones here at home.
34:24Two weeks ago in Chicago, 117 people were shot and 17 died.
34:31Afghanistan doesn't have anything like that.
34:34You know, you think about tough places.
34:37Look at what's happening with our cities, what's happening in the last three years,
34:42last three and a half years.
34:44Nobody's ever seen anything like it.
34:45Think of it, 117 over Fourth of July weekend, 117 people were shot and 17 died.
34:54This is the United States of America.
34:57I don't think so.
34:59By the way, when I was president, we had no wars.
35:02We had no new wars.
35:03We didn't start it.
35:04Remember when Hillary said he'll start wars?
35:06Look at his personality.
35:07No, I said my personality will keep us out of wars.
35:12But we finished off some of the old ones like ISIS, which they said would take five
35:16years to do, maybe more.
35:19We did it in four weeks.
35:21We beat ISIS in four because we have a great military and it's not a woke military, by
35:26the way.
35:27Maybe some of the people on top are woke, but this is not a woke.
35:30I got to guarantee you that with your support this November, we will restore competence
35:35and we will restore common sense to our nation's capital, because ultimately it is about it's
35:41not.
35:42Are you conservative?
35:43Are you liberal?
35:44Are you progressive?
35:45They like progressive.
35:46It sounds so nice.
35:47Right.
35:48It'll destroy our country.
35:49It's actually become a terrible word and destroy our country.
35:53But it's not about that.
35:54It's about common sense.
35:55We want to bring common sense back in.
35:57This is all common sense that we're talking about today.
36:00And Bitcoin and crypto will skyrocket like never before, even beyond your expectations.
36:07And you are the people that are doing it.
36:12As we stop the war on crypto, will we will immediately and we'll do this very quickly
36:16begin to build our economy, because when America is prospering, Bitcoin is soaring and it'll
36:22go up with it.
36:23We had the greatest economy ever and we will soon have it again.
36:28Under the Trump administration, the typical middle class family income rose by six thousand
36:34dollars a year.
36:35People don't like mentioning that America had more money to save than at any time in
36:40many decades.
36:41As a result, during my four years in office, now you have to listen to these numbers.
36:47These numbers are like beautiful and I don't want to repeat myself.
36:52Listen to these numbers.
36:53As a result, during my four years in office, Bitcoin surged by three thousand nine hundred
37:01percent from eight hundred and ninety eight dollars the day I took office to thirty five
37:08thousand nine hundred dollars the day I left.
37:14That was the biggest jump, I guess, in just about any industry.
37:21Think of that.
37:22Now, compare that to just after three and a half years of Biden and Harris adjusted
37:28it for inflation.
37:30Bitcoin is up 50 percent now.
37:33Fifty percent sounds good, but not when you're comparing it to almost four thousand percent.
37:38Right.
37:39Fifty percent.
37:40You know, normally you'd say, oh, that sounds pretty good.
37:42Let's not put that into the speech.
37:45Now, 50 percent is not good when people can't afford groceries or rent.
37:50They have no savings to store in Bitcoin.
37:53This administration caused the biggest inflation in the history of our country.
37:57And that's what's happened.
37:58Our people are being wiped out from the very first day we take back the White House.
38:02We will replace the Biden Harris economic stagnation with a brand new Trump economic
38:07boom.
38:08You're going to have a tremendous boom.
38:10You know, you have a lot of great analysts out there, Scott.
38:15I'm talking about you, Scott, one of the greatest of all, and others that say the stock market's
38:24going up because they think Trump is going to be elected.
38:27And if Trump isn't elected, this country is going to go into a depression, the likes of
38:32what you had in 1929.
38:34And I hope that's not true, but I can understand it and I can understand what they're saying.
38:39The stock market gain, they think, is because it looks like we're going to win the election.
38:43And I don't know what's going to happen with the election.
38:45You know, they cheat like hell and I don't know what's going to happen.
38:48But if we win it, this country is going to be boomtown.
38:52It's going to be booming like it never boomed before.
38:55The current administration's economic plan includes trillions in new spending and five
39:01trillion dollar tax hikes.
39:03They want to increase taxes by five trillion dollars.
39:09They want the expiration of the Trump tax cuts to take place.
39:13They want a wealth confiscation tax so that when you make all of your money that you're
39:17going to make and all of the people you're going to employ, they want to take away your
39:21money in the form of a first time ever tax and a gigantic capital gains tax that will
39:28exceed substantially in many states over 50 percent.
39:32My plan is the opposite.
39:34We will lift the workers and we will create savers out of so many people and we will reward
39:41success.
39:42We will not punish success.
39:43They want to punish success.
39:45They want to punish genius.
39:46Not going to let that happen.
39:47I will make the Trump tax cuts permanent and deliver massive tax cuts for families
39:53and individuals and businesses that produce jobs.
39:57That includes no tax on tips.
40:00You know that, right?
40:02But to get rid of the tax on tips, I will cut unnecessary and burdensome regulations,
40:09fight every day to make America the best place on Earth to build a business, including a
40:15crypto business.
40:16It's going to be the best place.
40:17You're not going to have to go to China.
40:18You're not going to have to learn.
40:19Gee, how do I learn Chinese?
40:20I want to learn it very quickly.
40:21I have a little granddaughter that speaks fluent Chinese.
40:22Can you believe it?
40:23And it's a wonderful thing, but it's not easy.
40:24But you're not going to have to do it.
40:34Most importantly, for our citizens, we will end the inflation nightmare that this administration
40:40has created and we will end it quickly.
40:43It's got to end.
40:44It's destroying our country.
40:45You know, inflation is a country buster.
40:47You can go back many, many years to Germany and you look at what happened to Germany during
40:53their huge period of inflation, destroyed the country.
40:58It's a country buster, the Bitcoiners.
41:01And I say to you that you recognize the dangers of inflation long before most others did.
41:06You understood inflation, frankly, better than anybody else.
41:10You know that, don't you?
41:13If only they had listened.
41:14They didn't listen to you.
41:16They didn't listen to you.
41:17The trillions of dollars in ridiculous waste approved by our opponents resulted in the
41:22very inflation disaster that Bitcoiners had always predicted, 20, 30 and even 40 percent
41:29of the value of every dollar was wiped out and wiped out quickly.
41:33You understood that, but a lot of other people didn't.
41:35The life savings of millions of Americans was rapidly destroyed and very simply uncontrolled
41:43Inflation is a stealth taxation of the middle class.
41:47It really is.
41:48It's a stealth taxation.
41:49I call it the Biden tax.
41:51Now I'll call it the Harris tax or the Harris Biden tax or whatever the hell we're going
41:55to call them.
41:57But it's a it's a disaster.
41:59It's a tax of 50 percent.
42:01It's a 50 percent tax inflation.
42:04Think of it.
42:05It's a 50 percent tax on people five.
42:09This is a human tragedy and it's destroyed people.
42:12It's a national disgrace.
42:13It's destroyed everything in its way.
42:16It must never be allowed to happen again.
42:18And it won't.
42:20When I'm president, I guarantee you it won't happen because we're going to do things that
42:25make sure it doesn't happen.
42:27They've allowed pricing to get totally out of control.
42:30We're going to do energy, bring it down to levels that people have not seen in many,
42:36many years.
42:37We had it at levels.
42:38We were at one dollar and eighty seven cents for a gallon of gasoline.
42:42You don't see that right now for four straight years.
42:46Under my leadership, we had effectively no inflation, none.
42:50When I left office, it was one point four percent and then it stayed there for almost
42:54two years.
42:55Remember when Biden said it was nine?
42:57I inherited nine percent.
42:59That was just another like misinformation, disinformation.
43:03We gave them a hot country.
43:06We went through the covid.
43:08We did an incredible job, never got credit for that, always got credit for the economy,
43:12for the military.
43:13We rebuilt the military.
43:14We created spaceless.
43:15We did so many different things, never got credit for that.
43:19You know what?
43:20We gave them a great country with essentially no inflation.
43:24And after two years, they drove this country and they drove inflation through the roof.
43:29Two years, cost of living went up, in some cases by over 50 percent.
43:35They say twenty two percent.
43:36They like to say twenty two, but it could be much higher and it is much higher depending
43:41on what they include.
43:42They don't include things like interest rates that went from two point five percent to ten
43:47percent.
43:48But you can't get the money.
43:49When I returned to the White House, I will stop the wild and wasteful spending of this
43:54administration.
43:55I will end the endless wars.
43:57They never stop.
43:59Again, we had no wars.
44:02We had no new wars under your favorite president, President Trump.
44:07We had no new we had no new wars.
44:10They thought I was going to start a war.
44:12Let me tell you something.
44:13I'm going to stop World War Three because we're closer to World War Three than we've
44:17ever been since the end of World War Two.
44:21I will seal the border and stop the invasion of millions of people pouring into our country
44:26illegally.
44:29We will totally deflect and we will do this quickly.
44:32We will defeat inflation and together we will bring back the American dream for citizens
44:37of every race, religion, color and creed.
44:40We will bring it back.
44:41The American dream.
44:43You don't even hear the you don't even hear the statement American dream anymore.
44:47You don't hear those words anymore.
44:49We used to talk about the American dream.
44:51A lot of you people are in the American dream, but you're going to be crushed if you don't
44:55elect me.
44:56I hate to tell you.
44:57You don't elect me.
44:58You're going to be crushed.
44:59You're going to say, Alice, what a mistake it was.
45:02We went for a person who has no talent.
45:06She's been a failure at almost everything she's done instead of Trump.
45:10And look at us now.
45:11We're going to move into an extremely small house from our beautiful house.
45:15But we will end the war on American energy and we will very simply drill baby drill.
45:21We're going to drill baby drill.
45:23We have to.
45:25It's what we have.
45:26We have more liquid gold under our feet than any nation in the world, more than Saudi Arabia,
45:32more than Russia.
45:33We don't use it.
45:34We don't use it.
45:35They use it.
45:36We don't use it.
45:37We go out and buy oil from Venezuela.
45:38It's amazing.
45:40But we won't stop there.
45:41We will harness American energy in all forms.
45:44I have set the ambitious goal that by the end of my term, the United States will be
45:49the number one lowest cost of energy and electricity of any nation on Earth.
45:54We can make it so inexpensively because of what we have under our feet.
45:59We can make it so inexpensively and with low energy costs, America will become the world's
46:04undisputed Bitcoin mining powerhouse.
46:08You'll be a Bitcoin mining powerhouse.
46:11You will not have to move your family to China.
46:16You will not be moving to China.
46:20As we implement these reforms, Bitcoin and crypto will grow our economy, cement American
46:25financial dominance and strengthen our entire country long into the future.
46:31Many Americans do not realize that the United States governor is among the largest holders
46:37of Bitcoin.
46:38Does anyone know that?
46:40How about that?
46:41The federal government is almost 210,000 Bitcoin or 1% of the total supply that will ever exist.
46:49But for too long, our government has violated the cardinal rule that every Bitcoiner knows
46:55by heart.
46:56Never sell your Bitcoin, right?
47:04That's right, isn't it?
47:05That's right.
47:06How did I figure that one?
47:10Never sell your Bitcoin.
47:12And so as the final part of my plan today, I am announcing that if I am elected, it will
47:18be the policy of my administration, United States of America, to keep 100% of all the
47:26Bitcoin the U.S. government currently holds or acquires into the future.
47:31We'll keep 100%.
47:32I hope you do well, please.
47:36This will serve in effect as the core of the strategic national Bitcoin stockpile.
47:43As you know, most of the Bitcoin currently held by the United States government was obtained
47:52through law enforcement action.
47:54You know that they took it from you.
47:56Let's take that guy's life.
47:59Let's take his family, his house, his Bitcoin.
48:03We'll turn it into Bitcoin.
48:05It's been taken away from you because that's where we're going now.
48:09That's where this country is going.
48:11It's a fascist regime.
48:13And so as I take steps to transform that vast wealth into a permanent national asset to
48:19benefit all Americans today, I repeat my pledge to commute the sentence of Ross Albrecht to
48:27a sentence of time served.
48:29It's enough.
48:32It's enough.
48:44That's where we are as a country.
48:46Ultimately, my promise to each and every one of you is this.
48:50I will be the pro innovation and pro Bitcoin president that America needs and our citizens
48:56deserve.
48:57This will be one industry, but this will be a thriving industry, a great industry.
49:02And I'm going to be doing the same thing for every other industry.
49:05Also, our nation has never thrived by trying to censor new ideas and shut down the dreams
49:11of our people.
49:13America always plants our flag on the next frontier and pushes boldly ahead.
49:17We have to do that.
49:18We haven't been doing that for a long time, especially the last three and a half years.
49:23It's gone the exact opposite.
49:25Those of you in this room inherit the legacy of generations of American pioneers and patriots,
49:31stakers and renegades who settled this continent, built the modern world and lived on the bleeding
49:38edge.
49:39You live on a bleeding edge.
49:40You do know that bit corners, don't you?
49:42You are the modern day Edison's and Wright Brothers and Carnegie's and Henry Ford's and
49:48what you do in your lifetime stands a chance to outlive us all and inspire humanity for
49:53generations to come.
49:55This will go down as a very important day in the history of your industry.
50:00Together, you are building America's future with your own smarts, your own grit and your
50:06own skin in the game.
50:07You have a lot of skin in the game and that's what you're doing.
50:10It takes courage to do it.
50:12Most people don't have that courage.
50:14My job will be to set you free and to let you do what Americans do best and what you're
50:19going to do better than anybody.
50:21Win, win, win.
50:23You're going to win, win, win.
50:26With energy, passion and brilliance like we have rarely seen before, our country cannot
50:33fail.
50:34We're in a failing nation right now, but we're not going to be for long.
50:39Our country cannot fail.
50:41With your help, we will save our nation.
50:43We will restore a republic and we will make America and Bitcoin bigger, better, stronger,
50:49richer, freer and greater than ever before.
50:54Thank you all.
50:55Have a good time with your Bitcoin and your crypto and everything else that you're playing
51:00with.
51:01And we're going to make that one of the greatest industries on Earth.
51:05Good luck and God bless you all.
51:08God bless you.
51:49If you get cold, yeah, I will be your lover.
51:53Don't have to worry, cause I'm here.
51:57Don't need to suffer, baby, cause I'm here.
52:02Just hold on.
52:04I'm coming.
52:06Hold on.
52:09I'm coming.
52:11Hold on.
52:13I'm coming.
52:15Hold on.