Donald Trump officially accepts donations in cryptocurrencies for his campaign in the US – DiarioBitcoin
By Hannah Perez
Trump becomes the first major party election candidate in the US to accept Bitcoin and other cryptocurrencies as donation mechanisms for his campaign.
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- Trump campaign accepts donations in Bitcoin, Ether, Dogecoin and more
- The Republican had promised collectors of his NFTs the adoption of cryptocurrencies for his campaign
- He said he will build a “cryptocurrency army” to combat Biden’s anti-crypto campaign
Donald Trump has kept his promise. Having assured a crowd of cryptocurrency enthusiasts a few weeks ago that he would do everything possible to make his campaign accept donations in digital assets, Trup has made it a reality.
The former US president’s campaign has officially started accepting donations in digital currencies, including Bitcoin, Ether, Solana, Dogecoin and Shiba Inu, as noted on Trump’s website. The Republican candidate is taking advantage of the cryptocurrency exchange infrastructure Coinbase for the new donation option.
“Today, President Trump’s campaign launched a fundraising page that gives any federally authorized donor the ability to donate, through their joint fundraising committees, using any cryptocurrency accepted through the Coinbase Commerce product.“, it was announced in the statement.
Trump also assured that the initiative “marks the first time a major party presidential candidate embraces cryptocurrencies for donations“.
Trump and his “cryptocurrency army“
The real estate mogul, who has long been averse to the new financial asset class, has been shifting his stance toward a more conciliatory one as cryptocurrencies appear to become an increasingly important issue ahead of this year’s presidential election. year in USA
After having identified the assets as “dangerous“, “scam” and “a disaster waiting to happen”, Trump showed a more constructive attitude when he shared a favorable opinion on Bitcoin and recognized her as a “new form of currency” in an interview in March. “It has taken on a life of its own.“He admitted to CNBC.
Although he has assured that he does not personally invest in Bitcoin, the former president has defended the idea that each citizen should be free to invest in the financial asset class of their choice. He has also disagreed with the “hostility” of the Biden administration with the cryptocurrency industry, an attitude that he has promised to stop if he is re-elected.
“If cryptocurrencies are leaving the US due to hostility… well, we’ll stop it. We don’t want that”, said Trump in a meeting with the holders of his NFTs at the beginning of the month.
At that event, held at his Mar-a-Lago resort in Florida, he was also direct in inviting cryptocurrency fans to elect him as president and announced his intention to adopt them as a means of payment for his campaign.
The Trump campaign team reiterated this favorable approach in the statement when promise that “will build a crypto army” to combat the infamous “anti-cryptocurrency army” that Massachusetts Senator Elizabeth Warren has made in her attempt to “restrict Americans’ right to make their own financial decisions“.
“Effort to reduce government control over Americans’ financial decision-making is part of seismic shift toward freedom“, reads the statement. “MAGA supporters, now with a new cryptocurrency option, will build a cryptocurrency army that will lead the campaign to victory on November 5th!“.
Article by Hannah Estefanía Pérez / DailyBitcoin
Picture of Unsplash
WARNING: This is an informative article. DiarioBitcoin is a media outlet, it does not promote, endorse or recommend any particular investment. It is worth noting that investments in cryptoassets are not regulated in some countries. They may not be suitable for retail investors as the entire amount invested could be lost. Check the laws of your country before investing.
