In a release of information published on the President Trump’s website, he said: website This afternoon, he announced that his bid to retake the White House would accept donations in Bitcoin.
BREAKING: 🇺🇸 Donald Trump now officially accepts #Bitcoin Donations for campaigns pic.twitter.com/ySkwNQT1D2
— Bitcoin Magazine (@BitcoinMagazine) May 21, 2024
His announcement is certain to stoke fires among the incumbent President Joseph Biden who, alongside his fellow Democrat Senator Elizabeth Warren, has spent his entire term in Washington waging a regulatory war against the digital assets space and Bitcoin, specifically.Â
“As our President, Donald J. Trump has reduced regulations and championed innovation in financial technology, while Democrats, like Biden and his official surrogate Elizabeth Warren, continue to believe only government has the answers to how our nation leads the world,” It was stated in the statement. “The effort to reduce the control of government on an American’s financial decision-making is part of a seismic shift toward freedom. Today’s announcement reflects President Trump’s commitment to an agenda that values freedom over socialistic government control.”
Bitcoin Magazine’s Orange Party Issue noted that Trump’s appointment of Brian Brook, former Coinbase vice president and Comptroller for the Currency as Trump was. “the single most important Bitcoin-forward move in the history of the United States,” It allows for banks and financial Companies can now hold crypto. It was announced in mid-2016, the final year of Trump’s first term. The price of bitcoin has increased around twentyfold since that time. next The calendar year is the 12-month period.
Peter Thiel, PayPal’s CEO, and Mick Mulvaney, a longtime Bitcoin proponent, were both appointed to his White House transition team.
Trump Cards, his extremely successful non-fungible tokens that he introduced to the US market as a result of Trump’s presidency, also became a historical moment. sold out By the year 2022. Melania Trump is the first first lady to have a child. tweet Satoshi Nakamoto, the creator of Bitcoin and his contribution to Bitcoin financial The system will be launched in 2022 on the 3rd anniversary of Genesis Block, which was the block that started the Bitcoin Blockchain.
The following are some of the ways to get in touch with us January Trump, during a New Hampshire stop on his campaign trail, promised to not let the Federal Reserve issue a central-bank digital currency if elected. “Tonight, I am also making another promise to protect Americans from government tyranny,” Trump made the following remarks: “As your president, I will never allow the creation of a central bank digital currency.”
In terms of the actual campaign donations, it was specified in the announcement that donors will be able send Bitcoins or other cryptocurrencies via Coinbase – the United States’ only Bitcoin exchange listed publicly.
“Biden surrogate Elizabeth Warren said in an attack on cryptocurrency that she was building an “anti-crypto army” to restrict Americans’ right to make their own financial choices,” The announcement continues. “MAGA supporters, now with a new cryptocurrency option, will build a crypto army moving the campaign to victory on November 5th!”
Visit their website to learn more about how you can donate to Trump 2024. here.
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Source: bitcoinmagazine.com