BlockBeats news, on July 28, Edward Snowden, a well-known whistleblower and former CIA and NSA contractor, delivered a keynote speech at the Bitcoin 2024 conference, highlighting the pitfalls of political allegiance and concerns about Bitcoin privacy. Snowden called on people to participate in voting, but warned not to blindly follow political ideologies. Snowden pointed out that Bitcoin transactions are not anonymous and can be traced back to individuals, which poses a risk to personal privacy. He explained that most transactions can be linked through various entry and exit points (such as trading platforms that comply with regulatory requirements), exposing users' lives and relationship information. Snowden warned that governments and companies may use artificial intelligence to analyze this data and create detailed personal profiles without consent. He called for vigilance and strengthening the security of Bitcoin transactions to protect user privacy in an increasingly digital and monitored world. Snowden said he has raised these concerns for a decade but felt "ignored." He now asserts that the window of opportunity to achieve those goals is closing rapidly.

BlockBeats news, on July 27, MicroStrategy founder Michael Saylor spoke at the Nashville Bitcoin 2024 Conference and said that Bitcoin can help solve half of the world's economic problems, especially for those countries facing the challenge of rising national debt. Encourage individuals, businesses and countries to adopt Bitcoin as a major fiscal asset and use it for long-term capital preservation. Michael Saylor advocates reallocating treasury reserves from gold and bonds to Bitcoin, issuing currency and bonds to buy Bitcoin, and enacting favorable laws to encourage people to own Bitcoin. He believes that the first country to fully accept Bitcoin will gain significant economic advantages.

BlockBeats news, on July 27, Michael Saylor, founder of MicroStrategy, spoke at the Nashville Bitcoin 2024 Conference and said that according to his macro forecast, Bitcoin's APR will continue to decrease until it is reduced to twice the S&P index APR. In 2045, Bitcoin will rise to $13 million in the base case and $49 million in the bull market, accounting for 7% of the world's total assets. Even in a bear market, it will reach $3 million per coin.

BlockBeats news, July 26, according to Decrypt, US presidential independent candidate Robert F. Kennedy Jr. said that if elected, he would push the federal government to buy $615 billion in Bitcoin until the size of Bitcoin held by the United States matches the country's gold reserves. Kennedy said in an interview, "Bitcoin is an honest currency, a currency based on proof of work. Everything is on the ledger, it is decentralized, and this is what we need to do with democracy. I hope the federal government will start buying Bitcoin and eventually have an equal amount of Bitcoin to gold during my term," It is reported that the US government is the world's largest gold owner, with 8,134 tons of gold. At current prices, gold is worth $615 billion, and 9.4 million BTC are needed to match this value, equivalent to nearly 45% of the total supply.

BlockBeats news, July 25, three crypto industry executives familiar with the bill said that Republican Senator Cynthia Lummis of Wyoming, who supports cryptocurrency, is planning to announce Bitcoin strategic reserve legislation at the Bitcoin Conference.While the specific content of the bill is still unclear, according to a person who has seen the first draft, the purpose of the bill is to instruct the Federal Reserve to purchase Bitcoin and hold it as a reserve asset, just as the U.S. central bank holds gold and foreign currencies, to help manage the U.S. monetary system and keep the value of the dollar stable.As of press time, Lummis's plan remains undetermined and the announcement may be delayed. But people who have had direct contact with some of Lummis's staff said she hopes to announce her bill at a meeting on Saturday, and her staff hopes that Trump will support the bill and the ideas behind it.Lummis has been hinting at a major announcement on her X account this week, she wrote: "Something big is going to happen this week, stay tuned."