Donald Trump Might Announce A US BTC Reserve At Bitcoin 2024, Says Satoshi Action Fund CEO

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Speculation
is
mounting
that
former
President
Donald
Trump
may
announce
plans
to
make
Bitcoin
a
strategic
reserve
for
the
US
at
the
upcoming
Bitcoin
2024
conference
in
Nashville.


Satoshi
Action
Fund
co-founder
and
CEO
Dennis
Porter
ignited
the
rumors
in
a
July
18



post


on
X.


“Trump
to
announce
a
USA
Bitcoin
strategic
reserve
in
Nashville

Sources,”
Porter
wrote,
adding
that
his
sources
are
“credible.”

Bitcoin 2024 - Nashville


Bitcoin
2024
Could
Be
A
Platform
For
Major
Announcements


Bitcoin
2024
is
regarded
as
one
of
the
biggest
annual
crypto
conferences
worldwide,
and
has
been
used
as
a
platform
to
make
some
of
the
industry’s
biggest
announcements
over
the
years.


During
last
year’s
event,
Robert
F.
Kennedy
Jr.
made
history
by
announcing
that
his
political
campaign
would
be
the
first
Presidential
campaign
to
accept
crypto
donations.


The
launch
of
Ark,
a
new
layer-2
scaling
solution
for
the



Bitcoin


network,
was
also
announced
at
last
year’s
event.
Other
notable
announcements
include
those
regarding
the
launch
of
the
first
NFT
marketplace
on
Bitcoin
and
Strike’s
expansion
into
65
countries.


Trump
announcing
Bitcoin
as
a
strategic
reserve
would
match
the
expected
caliber
of
any
announcements
at
the
upcoming
conference. 


No
Confirmation
That
Donald
Trump
Will
Announce
A
US
BTC
Reserve


There
has
been
no
confirmation
from
the
Trump’s
campaign
team
that
such
an
announcement
will
be
made
during
the
former
president’s
appearance.


And
even
if
Trump
were
to
announce
BTC
as
a
strategic
reserve,
there
is
no
guarantee
that
he
will
follow
through
if
elected.


One
X
user
highlighted
some
of
the
promises
made
by



Trump


that
he
did
not
deliver
on.
Those
included
the
wall
that
the
former
president
said
he
would
build
on
the
Mexican
border,
as
well
as
promises
that
he
would
put
Hillary
Clinton
in
jail
and
pay
off
the
national
debt.   


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