Former U.S. President Donald Trump is set to attend the Bitcoin conference in Nashville, Tennessee, despite a recent assassination attempt. The conference, which will take place from July 25-27 at the Music City Center, has confirmed Trump’s participation. David Bailey, CEO of Bitcoin Magazine and one of the event’s organizers, revealed that he had spoken with the President’s team and that Trump is in good spirits and excited to be a part of the event.
Initially, there were concerns among conference organizers and attendees about potential changes to the speaker lineup following the security incident in Pennsylvania on July 13. However, Trump’s decision to attend demonstrates his newfound openness towards Bitcoin. During his presidency, he had dismissed Bitcoin as a “scam” and took steps to crack down on its use. But in a recent interview with Fox News, he acknowledged the growing acceptance of Bitcoin and expressed support for the U.S. Bitcoin industry.
Trump’s shift in perspective on Bitcoin is seen as part of a broader strategy to appeal to a younger, tech-savvy voter base as he campaigns for the 2024 presidential election. At a recent fundraiser in San Francisco, he emphasized the importance of Bitcoin mining by American companies and voiced his support for the industry.
The Nashville Bitcoin Conference will feature a lineup of speakers, including whistleblower Edward Snowden, comedian Russell Brand, independent presidential candidate Robert F. Kennedy Jr., ARK Invest CEO Cathie Wood, and MicroStrategy’s Michael Saylor. Trump’s 30-minute speech, scheduled for July 27, will focus on his vision for the future of Bitcoin in the U.S. and his plans to support the industry if re-elected.
Despite the news of Trump’s involvement in the conference, Trump-themed crypto tokens experienced a slight decline in value. The MAGA token, in particular, dropped by 7.05%, with its price falling to $7.84. The BABYTRUMP token also saw a significant decrease of 44.84%, settling at $1.58, while the Trump Card token showed more stability with a minor 0.34% decrease, settling at $7.49.