Post
Topic
Board Bitcoin Discussion
Re: US presidential candidate Donald Trump will speak at the 2024 Bitcoin Conference
by
Kavelj22
on 13/07/2024, 18:36:50 UTC
It's getting interesting. I hope Mr Trump wins. He's smarter than Mr Biden. Not just because of crypto
Nothing interesting. Trump wants the votes of the BTC-community in the elections. I don’t know if Trump Biden is smarter, but younger (although a 4-year difference is not such an impressive difference), that’s for sure. Trump became a supporter of cryptocurrencies in time, when it turned out to be beneficial for him. It should not be assumed that representatives of governments at this level suddenly become BTC-enthusiasts without good reason. But still, let's listen to what he says at the Bitcoin Conference.

It seems that the issue goes beyond just election promises, after Trump had previously launched his own NFT cards, which are available for sale and trading on platforms. Also, his campaign’s announcement of accepting donations in crypto was comprehensive because the campaign announced that it would accept donations in any currency supported by the Coinbase platform, and this reflects the openness that the Trump administration promises. At the same time, it must be emphasized that this is not a great precedent, because there is another candidate, Robert F. Kennedy Jr., who had announced since May 2023 that his campaign would accept crypto donations, and he will also be among the guests of the conference that will be held in Nashville. Likewise, he is a candidate in the 2015 presidential elections. Sen was the first to start his campaign accepting crypto donations. Rand Paul, R-Ky. At the same time, the Biden administration did not show any support for the crypto community, nor did it present any regulatory proposals for the sector throughout its tenure in the White House.

It seems that the crypto sector is witnessing a revival as part of the race to win the White House presidency. It also seems that the user base in the crypto community is expanding in a way that makes it necessary for candidates to deal with it, meaning that it has gained significant weight.