I Watched Trump's Keynote Speech in Nashville...

in #hive-1679223 months ago

... at high speed. mostly. 😀

But I wanted to hear it myself instead of reading some summaries or interpretations.

It's the first political discourse I watch from end to end in many years.

It's also the first speech of Trump I see.

I can't say it was anything special about it, other than Trump being capable of remembering where he talks, unlike his former opponent, as he joked about. It was a normal political speech, written by someone trained to do this, and delivered by a powerful candidate.


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It happened to be at the Bitcoin Conference in Nashville, so the speech was directed to the bitcoin and crypto people, at certain points.

Where he talked about bitcoin or crypto, the speech was well-documented, so whoever wrote him those parts of the speech knew what to talk about and what points to check.

I do believe some parts were especially introduced in the keynote to gauge the reaction of the crowd, to understand how strongly they feel about certain subjects.

For example, I believe Trump was a bit surprised that bitcoiners had practically no reaction when he mentioned stablecoins (which he mispronounced at first). But he moved passed it quickly. Obviously, we know bitcoiners don't like stablecoins much, since they believe bitcoin is everything anyone needs. This may have been an oversight of the prep team. But he needed to mention stablecoins, since this is and will be an important topic going forward and he might not talk about crypto too often.

I'm not surprised that he said he wants to keep bitcoiners (particularly businesses and miners I understood from the speech) in the US. That's was and probably will be his policy: to bring companies home and strengthen the US.

I'm also not surprised that he didn't venture into promising to build up US Bitcoin reserves by buying BTC from the market. He wanted to sound more conservative than the other promises that came out at the same conference.

He promised Gensler would be gone as Chairman of the SEC, if he becomes President, and that seems what the audience was the most enthusiastic about, although to be honest, that is almost a sure thing, regardless of his position on crypto.

My general impression is that he isn't sold on crypto, maybe he can't fully understand it, and what he understands (energy consumption of bitcoin) may not like very much. You can feel a person who is pro-crypto by conviction. He understands money (and likes the donations), and this was a learned/practiced speech. I also think he doesn't believe anymore that bitcoin or crypto are bad for the dollar (on the short-medium term, nobody knows what will happen on the long term). That I think he understood.

Will he be a pro-crypto president, if he is elected? He won't be against it, of that I am convinced. I can't say more than that after watching this speech...

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Wrote my thoughts on the speech here: https://peakd.com/bitcoin/@crrdlx/after-one-day-analyzing-trumps-bitcoin-speech-in-nashville

In short, yes, it was a political speech, but I thought it was a big step forward for bitcoin.

It definitely is a step forward for crypto. Starting from being chased everywhere to having the candidate with the highest chances to win the elections speak at your conference, is a BIG step forward.

Trump! Is he really the favorite of all? I just like his promise to support Bitcoin and crypto

Not really my favorite. But neither is Harris (or Biden before her). Since I'm not an American, I just watch it like a show, when I do (which is very rarely, like at this speech).

I don't think he will be completely pro-crypto but more neutral and not against crypto. I still think its a good thing for the crypto space.

Yep, I have the same feeling. I guess we'll see...

Can't be any worse than biden if this is the case. He has taken the time to pander to the crypto crowd and to make some positive promises that could help crypto.

Won't comment about his overall policies but on crypto he should be positive for the community.

Well... I'm not sure how his strong pro-American views will match the borderless nature of crypto. I guess we will see. As you said, he probably won't be worse than Biden.

I'm going to have to watch that speech, as I saw a blurb about him being a potential pro-crypto President, and boy do we need more of those! Just the fact that he made the effort makes him stand out amongst the others who tend to demonize anything crypto-related.

Just the fact that he made the effort makes him stand out amongst the others who tend to demonize anything crypto-related.

Yes, this alone is huge.

That is true. Even bringing up this topic in the presidential race is huge.

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I think he will be pro crypto, because he seems to now see the value of crypto whereas before I don't think he really understood it (like more than 50% of US elected officials)

I hope this is a net positive for all of us!

I'm not sure how much he understands now and how much is a well-prepared speech by his team. But he is pro-American and Wall Street is American (sort of). And therefore he might have no reason to be against crypto, unless certain elements of crypto are against the interests of Wall Street...

Trump had an amazing speech but if I’m to refer back to the things he posted years back, he mentioned that he hated BTC a lot
How come he likes it now?
Or is he trying to gain our love and votes by using the aspect of supporting crypto as a means of campaign

Haven't you seen politicians reconsider their positions as if they never said what they said in the past?

We will see how truthful this campaign rhetoric is when/if he gets into the Office, but I doubt he is going to be on the "hate" side again, now that BTC and ETH have been strongly infiltrated by Wall Street.

I think he's only pro Bitcoin for the votes. The real test will be if he gets into the office. I mean he always tells the truth right? Who knows, maybe he will get around to showing his tax returns too 😁

It's pretty interesting how his views on Bitcoin have changed. I wonder if he's really committed or just seeking votes. But from the looks of things even if he doesn't try to make crypto a focus, he wouldn't give it a hard time like the Democrats would have

Yeah, I'm sure the Democrats will bring that change of heart up, if they'll venture to talk crypto at the high level during this campaign. But they may have more to lose than to gain, given their position toward crypto until the last minute.

You're certainly right on this brother

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Haha I watched the entire speech too! Felt like a rally speech - of course not surprising.

Yeah, exactly. I wasn't surprised by this, for sure.