Donald Trump Now Accepts Crypto Donations for Presidential Campaign

[BumRushDaShow]

Source: Yahoo! Finance

Wed, May 22, 2024, 1:06 AM EDT


Former US President Donald Trump, currently facing criminal charges in multiple jurisdictions, has announced that his 2024 presidential campaign will accept cryptocurrency donations.

The Trump 2024 campaign launched a fundraising page on May 21, allowing eligible individuals to contribute crypto donations using Coinbase Commerce. The website displayed logos of various cryptocurrencies, including Bitcoin, Ether, Dogecoin, Shiba Inu, XRP, USD Coin, Solana, and 0x. The announcement referenced Senator Elizabeth Warren's criticisms of cryptocurrencies, accusing her, without evidence, of acting as President Joe Biden's spokesperson on the matter.

During a recent dinner for supporters who purchased a non-fungible token (NFT) featuring a mugshot of Trump, the former president expressed his intention to enable campaign donations in cryptocurrency. With less than six months remaining until the 2024 Election Day, Trump is considered the presumptive Republican Party nominee, poised to face President Biden, the presumptive Democratic Party nominee.

While Trump's campaign website now accepts cryptocurrency donations, his "issues" page does not currently mention digital assets or blockchain. President Biden has seldom made public statements on cryptocurrencies but did sign an executive order in 2022 to establish a regulatory framework for digital assets.

Read more: https://finance.yahoo.com/news/donald-trump-now-accepts-crypto-050659041.html

[Prairie Gates]

1. FEC should look into that

[William Seger]

12. Yep, untraceable donations means no way to tell "eligible individuals" or enforce limits

[GB_RN]

13. I Was Basically Thinking Along The Same Lines...

Crypto is basically untraceable. *Depending on the platform, accounts can be completely anonymous. And none of this cryptocurrency BS is regulated. At least, not here and not yet (always hope). But that’s why the shit is absolutely loved by organized crime.

*Bitcoin and most of the larger trading platforms have pseudonymous accounts, which can be traced. But there are others that are completely anonymous.

https://www.cloudwards.net/is-crypto-anonymous/#:~:text=Most%20cryptocurrencies%2C%20Bitcoin%20included%2C%20are,real%2Dworld%20identities%20behind%20wallets.

[Otto_Harper]

2. What comes next? Canned goods? Used clothing? (NT)

[bluestarone]

3. In my eyes, there is only ONE purpose for Crypto

Money Laundering!!

[a kennedy]

4. Yikes.....my State of Wisconsin retirement fund is getting into buy bitcoin.

The State offers two types of accounts, a fixed and a variable, I choose the fixed. But the variable account is always making tons more than the fixed, except in bad monetary times. I’m just a steady as ya go sort of investor.

[keithbvadu2]

5. How 'bout some Trump Bucks?

I can print some off for him.

[twodogsbarking]

7. Dimwit crypto.

The Trump bucks, not you.

[Blue Owl]

6. I can think of a good crypt for Diabolical Donny

Several, in fact....

[IronLionZion]

8. He should start his own and call it MAGA-coin or something like that

Maybe he's planning to pay his legal fees in crypto.

[Captain Zero]

15. Rubles to Crypto

Money Laundering.

[PSPS]

9. LOL. Dial up the money laundering and illegal foreign bribes.

[keithbvadu2]

10. Use this. Be generous.

Use this. Be generous.

[Mr.WeRP]

11. This is how he will receive funds from Russian state actors.

The NSA/CIA should definitely be paying attention to this…

[FakeNoose]

14. That's how he gets his rubles, probably been doing it for years