The Bitcoin 2025 Conference opened in Las Vegas on May 27th, Pacific Time, and officially concluded on the 29th, local time. The lineup of keynote speakers on the first day included Donald Trump Jr., White House Crypto Policy Lead David Sacks, U.S. Senator Cynthia Lummis, and BlackRock Digital Asset Manager Robert Mitchnick.

In addition, the guest list for this conference also brought together more heavyweight figures, including current U.S. Vice President JD Vance, "Silk Road" founder Ross Ulbricht, Strategy founder Michael Saylor, and Trump's son Eric Trump, among others. Here is a compilation of the guests' viewpoints on how they interpret the future of Bitcoin:

Statements from U.S. Government Officials

Key Points from U.S. Vice President Vance's Speech

· Cryptocurrency is a hedge against Washington's poor policies. Cryptocurrency is a hedge against soaring inflation.

· Approximately fifty million Americans hold Bitcoin, and I believe this number will quickly increase to one hundred million.

· Our government's priority is to eliminate the red tape and legal battles against cryptocurrency regulations from the previous administration.

· Under Trump's leadership, the crypto industry has finally found true supporters and allies in the White House.

· Once the "GENIUS Act" is implemented, stablecoins are expected to significantly expand their use as a digital payment system, providing convenience to millions of Americans. At the same time, this will protect coin holders and enhance market transparency.

· Bitcoin can play a positive role in the country's future strategy.

· Dollar-backed stablecoins are expected to enhance the U.S.'s influence overseas, serving as an "amplifier of U.S. influence expansion."

· I still hold a considerable amount of Bitcoin. Vance's full speech: "U.S. Vice President Vance's Bitcoin Conference Speech: If we do not ignore politics, politics will not ignore the crypto community"

Key Points from Donald Trump Jr.'s Speech:

Donald Trump Jr. stated at the Bitcoin 2025 Conference that the gates to Bitcoin are opening.

Donald Trump Jr. and his brother Eric Trump also predicted at the Bitcoin 2025 conference that the price of Bitcoin could exceed $170,000 by the end of 2026. Eric revealed that MicroStrategy founder Michael Saylor had suggested the Trump family mortgage Mar-a-Lago to invest in Bitcoin and guided them in establishing a crypto asset reserve strategy.

Other Related Figures

David Sacks, the U.S. White House Cryptocurrency and AI Czar, known as the "Crypto Tsar," stated: "We believe blockchain, Bitcoin, and cryptocurrency are the future of the financial system."

Hester Peirce, the head of the U.S. SEC's Crypto Mom, said that crypto investors should take responsibility for their investment decisions and not seek government assistance in case of losses. She emphasized: "If you stand for choice, then you should take the lessons from an investment gone wrong and not look to be rescued."

Peirce noted that most cryptocurrencies themselves are not securities, and related trading platforms do not need to register with the SEC unless they are involved in securities-related activities. Regarding the recent surge in meme coins, she made it clear that this falls into the speculative area where investors should bear the risk. On the issue of publicly traded companies holding crypto assets, Peirce maintained a neutral stance, emphasizing the need for proper disclosure.

The SEC recently issued a policy statement excluding meme coins, some mining activities, and stablecoins from its regulatory purview. Peirce stated that the SEC is clarifying the regulatory boundaries of digital asset securities, but a specific regulatory framework for retail crypto trading still needs to be established through congressional legislation. When asked if federal crypto regulation was needed, the in-person audience strongly opposed.

The Executive Director of the Trump Administration stated: "Bitcoin is the gold standard." And emphasized: "We are not going to sell any Bitcoin that the U.S. government may hold. That's it."

Cynthia Lummis, U.S. Senator from Wyoming, said that Trump supports her proposed Bitcoin legislation. At a Bitcoin conference held in Las Vegas, Lummis stated that Trump "has a team at the White House focused on digital asset issues—from stablecoins to market structure to Bitcoin strategic reserves—they might come out in that order." Her draft Bitcoin legislation proposes the establishment of a strategic Bitcoin reserve and the purchase of 1 million Bitcoins for this purpose. Additionally, she mentioned that a senior U.S. military leader is "very supportive" of establishing a strategic Bitcoin reserve to enhance economic power.

Rosie Rios, former U.S. Treasurer, stated: "Bitcoin is here to stay, this train has already left the station."

Ohio Gubernatorial Candidate Vivek Ramaswamy stated that if elected as Governor of Ohio, he will "integrate financial literacy into the state's public education," including "Bitcoin education."

U.S. Congressman Byron Donalds expressed his support for the "Bitcoin Strategic Reserve Act," stating that "Bitcoin has proven to be a holder of value."

UK Reform Party Leader Nigel Farage stated that if the UK Reform Party wins the next UK general election, they will introduce a new "Cryptocurrency Act" to Parliament, with the goal of making the UK a "crypto nation." The proposed act includes: a significant reduction of the capital gains tax on crypto investments from the current 24% to 10%; establishment of a two-year regulatory sandbox to assist the City of London in crypto innovation; and a provision to prohibit restrictions on services accepting crypto payments to safeguard consumer rights in using cryptocurrency.

Corporate Figures' Statements

Strategy Founder Michael Saylor

Strategy Founder Michael Saylor delivered a keynote speech at the conference, poetically praising Bitcoin and outlining his guiding principles for what he calls the "21 Ways to Wealth."

He stated, "Satoshi lit a flame in cyberspace. Those timid will flee from it, the ignorant will dance around it, and the faithful will tend the flame, dreaming of a better world, basking in the glow of the network. Many will be afraid of Bitcoin. They will never touch it, never benefit from it, and ultimately be left behind by the times. But those who truly understand it will tend the flame. Buying Bitcoin is tending the flame."

He also advised investors to "take your fiat currency, turn it into Bitcoin. Take your long-term capital, turn it into Bitcoin. Sell your bonds, turn them into Bitcoin. Sell your junk stocks, sell your junk real estate, buy Bitcoin." This is the third way to wealth: courage. In addition to courage, Michael Saylor recommended having faith in the potential of Bitcoin, focusing on a goal, collaborating with family, embracing AI, remaining civil in interactions with the "natural power structures of the world," and always remembering to be generous. He said, "If you allocate Bitcoin on your balance sheet, there is a 90% chance of success within 5 years."

Tether CEO Paolo Ardoino

Tether CEO Paolo Ardoino revealed that the company currently holds over 100,000 BTC (worth over $10 billion) and over 50 tons of gold. According to the latest financial report, as of the end of the first quarter of 2025, Tether's Bitcoin holdings were valued at over $7 billion (calculated at the then price of $83,000 per BTC), and physical gold bars were valued at over $6 billion. Ardoino stated that Tether realized approximately $13 billion in profits in 2024, making it the most profitable company in the crypto industry. Full speech: "Tether CEO Bitcoin Conference Full Speech: We Are Not a Printing Press, We Are a Middleware Infrastructure Provider"

BitMEX Co-Founder Arthur Hayes

BitMEX Co-Founder Arthur Hayes believes that Ethereum could rise to $5,000 this year, nearly doubling in price and potentially reaching a new all-time high, despite the asset's recent underperformance compared to Bitcoin and other competing projects like Solana. "I think it is currently the most reviled L1 public chain, and typically at the market cycle inflection point, you should be holding the most reviled asset, so I think ETH may outperform others."

Arthur Hayes's latest forecast also continues his bullish stance on Bitcoin. Earlier this month, he suggested that the price of Bitcoin could rise to $1 million by 2028. Full speech: "Arthur Hayes Bitcoin 2025 Conference Speech: The Path to $1 Million BTC"

Other Relevant Individuals

· Head of PSG Labs at Paris Saint-Germain Football Club, Pär Helgosson revealed that the club has been buying and holding Bitcoin since last year, becoming the first top-tier football club to publicly hold Bitcoin. Helgosson stated that PSG converted a portion of its fiat reserves into Bitcoin and still holds these assets. As one of the world's largest football clubs, PSG has become the first sports institution to publicly hold Bitcoin. The club also plans to invest in "Bitcoin entrepreneurs" and "Bitcoin projects" and leverage its global fan base of 550 million to help these projects expand into the market.

· Wall Street investment bank Cantor Fitzgerald Chairman Brandon Lutnick has announced the launch of a gold-backed Bitcoin fund, aimed at attracting traditional investors cautious of Bitcoin into the crypto ecosystem. The institution has previously engaged in Bitcoin lending services, with initial partners including crypto lending platform Maple and brokerage firm FalconX.

· Bitwise CEO Hunter Horsley believes that if wealth managers allocate 1% of their funds to Bitcoin, "that's hundreds of billions of dollars".

· BlackRock's Head of Digital Assets Robert Mitchnick once again stated that "Bitcoin's upside is much greater than gold".

· VanEck's Director of Digital Assets Matthew Sigel stated that the "most plausible path" to establish a permanent U.S. strategic Bitcoin reserve is through "targeted amendments to congressional budget legislation". He noted that these amendments could include "providing tax incentives to mining operations that use methane gas" and encouraging miners to "voluntarily contribute a portion of their Bitcoin to the federal government". Sigel said this would allow the reserve to "naturally grow over time".

· U.S. fast-food chain giant Steak 'N Shake announced that by accepting Bitcoin payments, they will save 50% on transaction fees. Poolin co-founder Chun Wang stated that spending Bitcoin on space travel is very worthwhile, as space is humanity's destiny.

Conference Related Fun Facts

Square, under Block, launched a real-time Bitcoin payment pilot project at the Bitcoin 2025 conference in Las Vegas, where attendees could purchase conference merchandise via the Lightning Network. Meanwhile, Bitcoin Magazine called on attendees to have their BTC wallets ready in advance, planning to attempt to break the Guinness World Record for "most Bitcoin transactions in one event".

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