JD VANCE: I don't want Bitcoin to be negatively affected by | LARAXEN on Binance Square

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JD VANCE: I don't want Bitcoin to be negatively affected by what happens in AI. 
We need to make sure Bitcoin is part of the artificial intelligence conversation.

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We see stable coins not as a threat, but as a multiplier that will increase the power of the dollar.” Vance also said that Congress, under the leadership of US senator Cynthia Lummis, is working hard to pass the bill GENIUS, which regulates stable coins, as soon as possible and submit it to Trump's signature. The vice president said, "When the GENIUS bill comes into effect, the use of stable coins as a digital payment system for millions of Americans will become widespread. At the same time, coin owners will be protected and more transparency will come to the market. We do not see stable coins as a threat to the US dollar. On the contrary, we see stable coins as a multiplier that will increase the power of the American economy and the dollar. When GENIUS is approved, dollar-indexed stable coins will contribute to the American economy and the dollar," he said. “We want to make Bitcoin a part of the main economy” Following the entry into force of the GENIUS bill, Vance explained that their next goal is to create a clear regulatory framework for digital assets, transparent and in favor of innovation, thus fully incorporating crypto into the mainstream economy. “We want U.S. citizens to see crypto and digital assets, and Bitcoin in particular, being part of the mainstream economy,” the vice president said.

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Crypto has a true friend and supporter in the White House” Later in his speech, the vice president stated that the Biden administration has a clear hostility to crypto. “Today I say it loudly and clearly here... With President Trump, crypto has finally a true friend and supporter in the White House!” Vance underlined that they are aware of the full potential of this sector. “We see crypto not only as an investment tool, but also as a symbol and driving force of the individual freedoms of our citizens,” Vance said. We are also determined to bring this valley to life," he said. “We will continue to dismiss the likes of Gary Gensler” Stating that they have been trying to clean up the destruction left by the Biden administration since the first day they took office, Vance said, "We prioritize ending the rules, bureukratic obstacles and legal attacks that our predecessors have against crypto. We say 'No' to the effort to silence the crypto community by using the power of the state. We will never strike a blow to this community. We reject the approach of the Biden administration. We will continue to dismiss anyone who thinks like Gary Gensler," he said.

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7 important Bitcoin and crypto messages from US Vice President Vance US Vice President JD Vance emphasized that Bitcoin acts as an "insurance" against inflation and ideological censorship at the Bitcoin 2025 conference. "In the White House, crypto has a true friend," Vance said, adding that stable coins will increase the power of the dollar. Vance also did not neglect to issue an artificial intelligence warning for Bitcoin. US Vice President JD Vance made an important speech by taking the stage on the second day of the Bitcoin 2025 conference held in Las Vegas. In his speech, which can be considered relatively long, Vance gave important messages to Bitcoin investors, to the US plans for Bitcoin and cryptocurrencies, and to regulators. Stating that crypto has already increased the welfare of tens of millions of American citizens, Vance said, "I think about 50 million Americans own Bitcoin and I am of the opinion that this number will soon reach 100 million." “Crypto is an insurance against inflation” Vance also mentioned that crypto benefits many people without access to banking, blockchain technology is used in many areas from supply chain management to hospitals. The vice president also stated that crypto is an insurance against both poor policy decisions in Washington, inflation and the private sector, which “excludes more and more consumers because of their beliefs and political views.” Continuing his words, Vance also mentioned the "elites who take over new technologies and use them as a means of control" and emphasized that crypto also has an insurance function against them. Suggesting that Bitcoin will never turn into this kind of control mechanism, Vance said, "You will ensure that this does not happen." $WCT #WalletConnect

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Risks: 1. Price Volatility: The value of cryptocurrencies can be subject to sudden and large fluctuations, which carries a high risk of loss. 2. Lack of Regulation: In many countries, regulations are insufficient or uncertain, which creates legal risks. 3. Security Issues: Risks such as hacking of exchanges or wallets, fraud and loss of private keys are common. 4. Market Manipulation: Manipulations such as pump-dump are common in low-volume markets. 5. Tax and Legal Uncertainty: Taxation and legal status of cryptocurrencies vary from country to country, which leads to complexity. 6. Technical Knowledge Requirement: Lack of technical knowledge for safe use may result in errors and losses. 7. Fraud and Fraud: Fake projects, Ponzi schemes and ICO scams threaten investors. Good Aspects: 1. Decentralization: Cryptocurrencies operate independently of central authorities, which increases individual control. 2. Fast and Cheap Transfer: International payments are faster and less expensive than traditional banking. 3. Financial Inclusion: Provides access to financial services for individuals without a bank account. 4. Transparency: Blockchain technology ensures that transactions are transparent and traceable. 5. Investment Opportunity: High return potential can be attractive, especially in long-term investments. 6. Privacy: Some cryptocurrencies (e.g. Monero) offers a high level of anonymity. 7. Innovation: New technologies such as DeFi, NFT and smart contracts bring innovations in finance and other industries. Note: Before investing in cryptocurrencies, detailed research should be done and transactions should only be made with the amounts that can be lost.

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