Former President Donald Trump is set to host a private fundraising roundtable in Nashville during his visit for a Bitcoin (BTC) conference. According to the public announcement, this event is set to take place on the last day of the Bitcoin conference, July 27.
Attendees Can Purchase Tickets Using Crypto
This special event is being held to raise a lot of money for his campaign. A single seat at the table costs $844,600. Those who get a seat at this important event will also get to go to a special reception and have a picture taken with Trump. A VIP reception and photoshoot with the former president will cost $60,000 per person and $100,000 per couple.
The event is designed to attract wealthy individuals and major supporters of Trump’s campaign. They will be opportune to interact with the former president in a personal setting. Trump’s running mate J.D. Vance, politician Tulsi Gabbard, and entrepreneur Vivex Ramaswamy will also be present as special guests.
In a nod to cryptocurrency’s growing influence and acceptance, attendees will purchase their tickets using crypto. Attendees can use centralized exchanges Coinbase or Gemini, and fundraising processor Anedot as payment options.
Trump 2024 Campaign Embraces Crypto Donations
In May, the former United States President announced that his 2024 presidential campaign would accept cryptocurrency donations. As such, he launched a dedicated fundraising page allowing eligible individuals to donate using different cryptocurrencies via Coinbase Commerce. The campaign website displayed logos for Bitcoin, Ether (ETH), Dogecoin (DOGE), Ripple (XRP), Shiba Inu (SHIB), Solana (SOL), USD Coin (USDC), and Ox (ZRX).
A month after launching the dedicated fundraising page, Jesse Powell, the founder of the Kraken cryptocurrency exchange, made headlines with his donation of $1 million to Donald Trump’s campaign. The significant contribution is composed of Ether, showcasing Powell’s continued support for the digital currency landscape and Trump’s political endeavors.
Trump’s Engagement With Crypto Assets
Despite Trump’s criticism of Bitcoin in the past, he ventured into the crypto space by promoting Non-Fungible Tokens (NFTs) and releasing his NFT collection. Before this, Melania Trump, the former first lady of the United States, introduced her collection of NFTs titled “Cobalt Blue Eyes.”
This shift in behavior points to the dynamic nature of Trump’s relationship with cryptocurrencies, evolving from skepticism to engagement with blockchain-based assets. Overall, trump’s changing views on Bitcoin reflect the broader shift in attitudes towards cryptocurrencies, with increasing recognition of their utility and potential as financial assets.
While Trump’s stance may continue to evolve, his acknowledgment of Bitcoin’s popularity signals a growing acceptance of digital currencies in mainstream discourse.
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