A recent report has revealed that David Bailey, the chief executive of Bitcoin Magazine, has lobbied the idea of a conference with Former President Donald Trump and his representatives several times. Bailey reportedly promised to hold a $15 million fundraiser for Trump in Nashville. According to sources familiar with the matter, at least two donors who had conversations with Trump about cryptocurrency-related issues told the Washington Post that the former president pledged to be supportive, despite his seeming lack of intricate knowledge about cryptocurrencies. The report also suggests that Trump sees the crypto community as a potential asset in his attempt to return to the presidency.
It was noted that many crypto enthusiasts are single-issue voters with financial resources, and are actively seeking a candidate to support. The report also highlighted that Trump and his team are keen on recognizing and capitalizing on these opportunities. The report indicates that senior White House officials have met with crypto executives recently, during which they received a range of complaints. However, the specifics of these discussions and the parties involved have not been disclosed.
Trump is expected to speak at 2 p.m. CT (19:00 UTC) for 30 minutes on Jul. 27, the final day of the Bitcoin Conference in Nashville.