On July 27, 2024, Donald Trump, a candidate for president of the United States of America, spoke at the Bitcoin 2024 conference held in Nashville. The politician mainly touched on topics related to the election campaign, but also spoke directly about bitcoin.

In particular, Trump said that the first cryptocurrency is the ninth most valuable asset in the world and it will overtake gold and silver in terms of market capitalization.

"If we do not accept cryptocurrency and bitcoin technology, China and other countries will. They will dominate, and we cannot allow China to dominate," the politician said.