Donald Trump and crypto donations: A new chapter in the election campaign
Date: 2024-05-22 Author: Gabriel Deangelo Categories: IN WORLD
Acceptance of cryptocurrencies in support of the campaign
United States presidential candidate Donald Trump has announced he will accept political donations in cryptocurrencies. In his statement, he emphasized that it is now possible to contribute to his campaign using various crypto assets such as Bitcoin, Ethereum, Solana, Dogecoin, Shiba Inu and others.
Support via Coinbase Commerce
Donations are accepted through the Coinbase Commerce platform, which supports a wide range of cryptocurrencies. In addition to the above, deposits can be made in assets such as USDC, XRP, ApeCoin, Bitcoin Cash, Dai, and Litecoin. “We are proud to invite you to contribute to the campaign using cryptocurrency. Your support is needed to save our nation from Biden's failures. While Biden piles rules and bureaucracy on all of us, President Trump is ready to embrace new technologies that will make America great again,” the donation site said.
Criticism of Biden and promotion of new technologies
Trump is also using the opportunity to criticize his political opponent, President Joe Biden. He accuses Biden of creating bureaucratic obstacles and not understanding how cryptocurrencies work. In contrast, Trump has positioned himself as a supporter of new technologies that can help restore the economy and strengthen the US position on the world stage.
Meeting with NFT owners and next steps
In early May 2024, Donald Trump met with the owners of NFTs from his collection. During this meeting, he announced for the first time that he would accept donations in crypto assets. This event attracted significant attention and underscored his willingness to use modern financial technology in political struggle.
Popularity among crypto investors
According to analytics platform Arkham Intelligence, Trump is one of the top 3 celebrities with over 1 million followers on X (formerly Twitter) who are actively investing in cryptocurrency. This further highlights his interest and involvement in the world of digital finance.
The acceptance of crypto donations by Donald Trump's election campaign demonstrates his commitment to innovation and support of new technologies. While his opponents criticize and introduce additional regulations, Trump sees cryptocurrencies as a tool to attract support and modernize the economy.
