In late July, former President Donald Trump made a surprising appearance at the biggest bitcoin conference of the year in Nashville, extolling the virtues of bitcoin and outlining what a second Trump administration would mean for the crypto industry. Trump’s newfound support for bitcoin was the result of efforts by a group of bitcoin advocates, including Amanda Fabiano, Tracy Hoyos-López, and David Bailey, who worked to educate Trump on the value of bitcoin and crypto mining. The group convinced Trump to host a roundtable with crypto executives and experts at his Mar-a-Lago Club in Florida, leading up to his appearance at the Nashville conference.
The trio in Puerto Rico began planning their efforts to orange-pill Trump over Memorial Day weekend, and their strategy included raising funds and gathering a group of knowledgeable individuals to discuss the benefits of bitcoin mining. At the Mar-a-Lago roundtable, attended by representatives from various crypto companies, Trump engaged in discussions about energy production, mining, and competition with China. The group’s goal was to show Trump that the crypto industry is legitimate and to secure his support, ultimately leading to his appearance at the Nashville conference.
During the Nashville conference, Trump reiterated his support for bitcoin, promising to keep all bitcoin acquired by the U.S. government and fire SEC Chair Gary Gensler if he were to win the presidency. The group of advocates saw Trump’s support as crucial to the survival of the crypto industry, especially in light of Democratic nominee Kamala Harris gaining momentum in the polls. They emphasized the importance of rallying votes from the crypto community, who they believe are single-issue voters. The group celebrated their success after the conference, reflecting on the impact they had in bringing together industry experts and political figures.
The efforts to educate and convince Trump of the value of bitcoin highlight the evolving relationship between politics and the crypto industry. Trump’s journey from skeptic to supporter of bitcoin reflects a broader trend of political figures and policymakers becoming more aware of and embracing cryptocurrency. The group of advocates in Puerto Rico played a significant role in orchestrating Trump’s involvement in the crypto space, demonstrating the power of grassroots efforts and advocacy within the industry.
The success of the Puerto Rico advocates in securing Trump’s support for bitcoin showcases the potential for collaboration between the crypto industry and political figures. By engaging with policymakers and educating them about the benefits of crypto, advocates can influence policy decisions and promote a more favorable regulatory environment for cryptocurrency. The group’s dedication to promoting the industry’s interests and ensuring its survival underscores the importance of active engagement and advocacy within the crypto community.
Overall, the efforts of Amanda Fabiano, Tracy Hoyos-López, and David Bailey in orange-pilling Trump and securing his support for bitcoin highlight the potential impact of grassroots advocacy and educational initiatives in shaping political attitudes towards cryptocurrency. By effectively communicating the value of bitcoin and crypto mining to policymakers, industry advocates can influence policy decisions and create a more supportive environment for the crypto industry. The group’s success in securing Trump’s support demonstrates the power of grassroots efforts and advocacy in advancing the interests of the crypto community.
