News - This was Bitcoin 2024: the four most bullish statements
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What a show, Bitcoin 2024 ended this weekend. It was one of the biggest BTC exchanges in the world. With a lineup rarely seen in the crypto space, from Michael Saylor to Donald Trump. Price predictions of $13 million per coin, the U.S. as the BTC nation of the future, and the bill for a strategic BTC reserve: these were the most bullish statements from the biggest speakers.
Michael Saylor is not holding back with his new Bitcoin prediction. His extreme goal: $13 million per coin by 2045. To reach this level, the Bitcoin price would have to rise 29 percent each year. BTC's market capitalization would then be about $280 trillion. Realistic? That would be almost three times the current market capitalization of all Fortune 500 companies, i.e., the most valuable companies in the world. Gold is currently worth $16 trillion. Not everyone is as optimistic as Saylor. A comment from popular crypto trader Ansem: "That guy Saylor pulled 100 lines of cocaine before he made this PowerPoint."
Legendary crypto enthusiast Ansem (with 470,000 followers in X) estimates that Michael Saylor did at least 100 lines of cocaine before preparing his slides for a presentation at the Bitcoin Conference. pic.twitter.com/9kUkn3U7zI
— Sergii Peleh (@PelehSergii) July 27, 2024
These are Donald Trump's crypto ambitions. The big star of the conference: Donald Trump, the Republican U.S. presidential candidate, was firing on all cylinders when it came to promises about Bitcoin. He wants to make the U.S. a "BTC Super Power," which means, among other things, "Mining Made in the USA. And on his first day on the job, he promises to fire unpopular SEC chief Gary Gensler. After that, a "crypto advisory team" will create progressive crypto regulation in the U.S. within 100 days. Self-preservation instead of CBDCs and also: the U.S. as a BTC hodler. "100 percent of Bitcoins," currently nearly 215,000 BTC, should be held in the form of a national reserve. He also wants to pardon Ross Ulbricht, founder of the darknet black market Silk Road. Crypto enthusiasts can hardly ask for more.
JUST IN: 🇺🇸 Donald Trump says, “The United States will be the crypto capital of the planet and the #Bitcoin superpower of the World.”
— Bitcoin Magazine (@BitcoinMagazine) July 27, 2024
pic.twitter.com/5CNHY8hhQE
There were also powerful promises from another U.S. presidential candidate: John F. Kennedy Jr. He has no chance of being elected. Nevertheless, his statements are going viral. With good reason: in Nashville, on his first day as president, he promised to sign an executive order that would transfer the Department of Justice's 215,000 BTC to the Treasury Department to make it a strategic BTC reserve for the U.S. As president, he also plans to buy 550 Bitcoin per day, with a total volume of about $615 billion, equivalent to the current value of U.S. gold reserves.
🚨RFK JR: "I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin. I am fully committed." pic.twitter.com/GrDB8nSirI
— Autism Capital 🧩 (@AutismCapital) July 26, 2024
U.S. Senator Cynthia Lummis presented the Bitcoin Reserve Bill on Bitcoin 2024 and was celebrated by the public. More than promises, a concrete bill: Cynthia Lummis presents her Bitcoin Reserve Bill in Nashville. You read that right. The Republican wants to present a concrete proposal to parliament for BTC as a strategic reserve for the US. For example, including the 215,000 Bitcoin seized by the Justice Department. But the senator wants to go a step further: "Over the next five years, the United States will acquire over a million Bitcoin, five percent of the global supply."