JD Vance: ‘100 Million People Will Maintain Bitcoin’ – Bitbo

Key Takeaways

On the Bitcoin 2025 Convention in Las Vegas, U.S. Vice President JD Vance delivered a serious coverage speech declaring the top of anti-Bitcoin regulation and full help from the Trump administration.

Prioritizing digital property

Chatting with 1000’s on Could 28, Vance stated the administration will prioritize digital property, promising to “fireplace all people like” former SEC Chair Gary Gensler.

Vance informed attendees:

This isn’t a gathering of individuals—it’s a motion. And I’m proud to face with you immediately.

Key coverage objectives

He laid out three key coverage objectives: finish restrictive laws, move the GENIUS Act to control stablecoins, and create favorable guidelines for the Bitcoin sector.

The GENIUS Act units reserve necessities and goals to carry stablecoin operations again to the U.S.

Stablecoins and financial energy

Vance was emphatic that stablecoins strengthen, not undermine, the U.S. greenback.

He stated:

We view them as a pressure multiplier of our financial would possibly.

Bitcoin possession and future development

On Bitcoin possession, he claimed:

I imagine it’s 50 million People personal bitcoin, and I imagine that’s going to be 100 million earlier than too lengthy.

Vance added he nonetheless personally holds Bitcoin, as he did throughout his 2022 Senate marketing campaign.

Ending Operation Chokepoint 2.0

He additionally introduced the top of “Operation Chokepoint 2.0,” referencing alleged efforts to disclaim banking to Bitcoin corporations.

Vance declared:

It’s lifeless.

Bitcoin as a hedge in opposition to poor coverage

Vance framed Bitcoin as a hedge in opposition to poor coverage and monetary discrimination.

He warned that with out regulatory readability, the $3 trillion digital asset trade might relocate abroad.