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Trump Tweets Support for Crypto Ahead of Libertarian Convention Speech By Investing.com
Investing.com — Days after Donald Trump’s presidential campaign announced it would begin accepting cryptocurrency donations, the former president gave his most explicit support for cryptocurrency yet.
In an article on Truth Social shared shortly before his planned appearance at the Libertarian National Convention, the leading 2024 Republican candidate wrote: “I am very positive and open-minded about cryptocurrency companies and everything related to this new industry booming. must be the leader in the field.
Trump affirmed his support in his familiar capital letters. “There is no second place,” he added, contrasting his position with that of President Biden, whom he accused of wanting the crypto industry to “die a slow, painful.”
The ad highlights Trump’s message that he is a pro-crypto candidate and targets a core group of young male voters who are getting into digital assets. This came as Trump’s defense team rested on its hush money case in New York.
Additionally, the Trump campaign has set up a fundraising page that allows eligible donors to contribute to his political committees using any cryptocurrency supported by the Coinbase (NASDAQ:) exchange, with the aim of creating a “cryptocurrency army” in the run-up to election day. .
Trump’s latest comments indicate a major shift from his previous doubts about cryptocurrencies. In a 2021 interview with Fox Business, Trump said: “The currency of this world should be the dollar. And I don’t think we should have all the Bitcoins in the world. I think they should regulate them very, very much. high.”
However, Trump’s views on crypto appear to have evolved, particularly after the success of his Trump-branded NFT trading cards. These NFTs, including “Mugshot Edition NFTs,” offered their holders unique benefits such as the ability to have dinner with Trump after a trial date.
Trump’s comments also come just ahead of his speech at the Libertarian National Convention, where he is expected to steer voters away from third-party candidate Robert F. Kennedy Jr., known for his pro-crypto and anti-regulation views.