Opinion: Why Did Trump Not Mention Ethereum and Web3 in His Speech?
Author: Meng Yan Translation: WuBlockchain On July 27, during Trump’s 50-minute speech at the Bitcoin conference in Nashville, many considered it another milestone event for the crypto asset industry. However, it was noted afterward that Trump did not mention Ethereum, blockchain, or Web3 at all; the only time Vitalik was mentioned, it was later discovered to be a mishearing. Why didn’t Trump mention Web3? The exact reason is unknown; you might have to ask the person who wrote Trump’s speech, reportedly David Bailey, CEO of Bitcoin Magazine. However, if you view this within the broader context of the entire crypto industry, it becomes easier to understand. In short, Trump’s speech essentially reflected the progressive Bitcoin maximalist stance. Bitcoin and Ethereum are the two leading forces in the crypto industry, often compared side-by-side. However, they are fundamentally different, representing two entirely different ideological camps: Bitcoin embodies “useless utility,” while Ethe...