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
