5 Huge Pieces of News From Bitcoin Nashville
TL;DR
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RFK Jr. & Trump each need the US authorities to purchase/maintain BTC and reject CBDCs, Trump plans to fireside Gary Gensler, and Kamala Harris is making an attempt to ‘reset’ relations with crypto firms.
Full Story
As talked about above, Bitcoin Nashville went down this previous week/weekend 👆
And it marked an enormous shift in the best way Bitcoin (and crypto as an entire) is now being handled by the big-wigs in energy.
Right here’s what you missed:
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RFK Jr. stated he’d signal an government order that will see the US Gov. purchase 550 Bitcoin per day, until that they had a stockpile of 4M cash.
(Feels like Saylor obtained in his ear).
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Trump vowed to construct a “strategic Bitcoin stockpile” for the US.
(Undecided what meaning precisely, but it surely suggests shopping for loads of BTC and the gang ate it up ¯_(ツ)_/¯)
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He additionally vowed to fireside SEC chair, Gary Gensler, the primary day he’s in workplace.
(This obtained such a giant response he selected to repeat it)
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Each candidates pushed to finish the US’ pursuit of Central Financial institution Digital Currencies (aka: cash the federal government can ‘change off,’ even because it sits in your checking account)
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And whereas the rumors of Kamala Harris talking on the occasion didn’t come to move, she’s apparently consulting with a handful of Silicon Valley big-brains and blockchain targeted firms.
(In preparation to ‘reset’ relationships with the Democratic social gathering).
The takeaway:
The political class are shortly realizing that opposing crypto improvement is a shedding wager.
