Nashville, Tennessee is hosting the Bitcoin 2024 conference, and one of the main attractions is Donald Trump’s speech on July 27.

RFK Jr. promises to turn Bitcoin into a valuable US reserve asset.
Robert Kennedy Jr., a presidential contender, concluded day two of Bitcoin 2024 with some audacious pledges in the event that he is elected to the US presidency. Approximately 200,000 BTC that are presently held by the US government will be transferred to the US Treasury as a strategic reserve asset, according to RFK Jr.’s pledge.
Kennedy declared that he would also issue other executive orders, one of which would require the US Treasury to buy 550 BTC every day until the country had at least 4 million Bitcoin in reserve.
According to Kennedy, the cumulative effect would result in a worth of hundreds of trillions of dollars for Bitcoin.

Snowden alerts Bitcoin users about political agendas.

NSA leaker Edward Snowden highlighted the political overtones that have dominated the conference’s underlying agenda with a virtual speech on Nashville’s Nakamoto main stage.
According to Snowden, politicians are vying for the “love” of Bitcoin enthusiasts in order to further their own agendas.

Normie, Maxi, double or triple? Saylor estimates that a Bitcoin will be worth $13 million.

The founder of MicroStrategy, Michael Saylor, opened a packed afternoon of keynote panels and speakers with a talk that turned out to be an investment pitch for Bitcoin from private citizens to national governments.
Saylor offered plenty of interesting statistics to support a forecast that, if use increases, Bitcoin’s characteristics as digital capital may see the price of a coin near $13 million by 2045:

In 2045, a single BTCwill be worth $13 million. A $3 million bear case might exist. In a bull scenario, it might be worth $49 million.

Gold’s market cap will be surpassed by bitcoin, predicts Anthony Scaramucci
Anthony Scaramucci, the creator of Skybridge, made a daring forecast on the market value of BTC in the future, speculating that it would overtake gold by ten times. It shouldn’t trade to the market capitalization of Apple or NVIDIA because it is an asset class. Scaramucci stated, “I would contend that it is superior to gold, and it must trade at the market capitalization of gold.”
The American entrepreneur, who supports and invests in BTC, outlined two key factors that might cause BTC’s market capitalization to surpass that of gold. According to Scaramucci, prominent organizations—both public and private—are increasingly generating news for their Bitcoin holdings or investments.

The mayor of Jersey City recently declared that the pension fund will have 2% exposure to Bitcoin. According to the state of Wisconsin, they possess 150 million BTC.
According to Scaramucci, asset managers may be debating tactical asset allocation strategies for institutional investors in 2025, with the goal of having 1% to 3% of their portfolio invested in Bitcoin.
Speaking about his time spent working for Goldman Sachs on Wall Street, Scaramucci continued, saying Wall Street might also be a major factor in promoting Bitcoin investment.

Jan Van Eck: “My blood is Bitcoin”

CEO of VanEck Jan van Eck stated that he personally connects with the movement. His company was one of those that successfully listed the first set of spot BTC ETFs in January 2024.
“I would say that bitcoin runs in my blood. Van Eck clarified, “I say so because, although VanEck was created in 1955, we also launched the nation’s first gold mutual fund in 1968, before of the major inflationary surge of the 1970s. According to the CEO of the company, the history corresponded with a period when it was forbidden for Americans to possess gold bullion. The history of his own family has also helped him to appreciate the ideals his supporters are promoting.

Day two of Bitcoin 2024 begins with delays due to Secret Service screening.

In Nashville, day two of Bitcoin 2024 is under way, and several well-known people are scheduled to speak.

After an incredible lineup of speakers that includes US senators Tim Scott and Cynthia Lummis, whistleblower Edward Snowden, Michael Saylor of MicroStrategy, and Cathie Wood of ARK Invest, Robert Kennedy Jr. takes the Nakamoto mainstage.

On July 25, the Bitcoin 2024 conference began in Nashville, Tennessee, with record-breaking attendance expected for prominent speakers like Russell Brand, Donald Trump, and Edward Snowden.
The first year that Bitcoin is widely used is 2024, according to Michael Saylor.
Michael Saylor, the inventor of MicroStrategy, joined the event livestream as day one came to an end before his keynote address, which was set to begin at 7:00 PM on July 26.

2024 will be remembered as “year one of mainstream institutional adoption of Bitcoin,” according to the proponent of the cryptocurrency. Since announcing in August 2020 that it will be using Bitcoin as its principal treasury reserve asset, Saylor’s business intelligence organization has amassed over 200,000 BTC.
CEOs of institutions and publicly traded firms who are interested in the Bitcoin-first investing strategy, which Saylor helped to pioneer, continue to contact him, according to Saylor.

Saylor hinted that the existence of two US presidential contenders as well as other well-known senators would benefit Bitcoin in the interim:

In any case, I believe that BTC is enjoying some favorable winds. I genuinely don’t see any government rejecting Bitcoin in the near future.
Future governments’ “pro-Bitcoin” stance is not the issue, Saylor continued, but rather how “aggressively they’ll move” and whether “they move with alacrity or whether they move a bit more deliberately.”

When it became evident that Bitcoin had developed into an institutional-grade digital asset in January 2024, according to the CEO of MicroStrategy, the sector underwent a turning point.

According to Larry Fink, it belongs in every portfolio. It is quite popular all across the world. Saylor continued, “It’s something special, and the world needs more of it.

Donald Trump and Robert Kennedy Jr., as well as other prominent speakers including Michael Saylor, Cathie Wood, senators Marsha Blackburn, and Cynthia Lummis, are the main attractions.