- Former US President and 2024 presidential candidate Donald Trump has announced that his campaign will accept donations in cryptocurrency.
- Trump has previously acknowledged the popularity of Bitcoin and expressed his support for the cryptocurrency sector.
- In a recent statement, he reiterated his support for the sector and announced his plans to accept crypto donations for his campaign.
Former US President Donald Trump, a 2024 presidential candidate, has announced that his campaign will accept donations in cryptocurrency, marking a significant shift in political fundraising.
Trump Embraces Crypto for Campaign Donations
Donald Trump, who is running for president again in the 2024 US elections, continues to make headlines with his positive statements about Bitcoin (BTC) and cryptocurrencies. He had previously acknowledged the popularity of Bitcoin and expressed his support for the cryptocurrency sector. In a recent statement, he reiterated his support for the sector and announced his plans to accept crypto donations for his campaign.
Trump Criticizes Biden’s Lack of Crypto Knowledge
Trump also criticized his presidential election rival Joe Biden, claiming that Biden doesn’t even know what cryptocurrency is. “If you love crypto in any way and support crypto, it would be good to vote for Trump,” he said. Trump criticized the anti-crypto stance of Biden and his administration, adding that he will not allow the crypto sector to move out of the US. He promised to do everything possible to keep the crypto sector within the US. “If the crypto sector is leaving the US due to the hostility of Biden and his administration, we will stop this. Because we don’t want this. If we are going to embrace crypto, we should allow them to be in the US,” he said.
Conclusion
Trump’s latest statements on BTC indicate a departure from his previous statements in 2021, where he described Bitcoin and cryptocurrencies as a “scam” competing against the dollar. His decision to accept crypto donations for his campaign marks a significant shift in political fundraising and could potentially influence other candidates to do the same.
