Trump Turns into First President To Settle for Bitcoin Lightning Funds For Marketing campaign Donations

In a historic transfer, Donald Trump has grow to be the primary American President to simply accept Bitcoin Lightning Community funds for campaign donations. The announcement marks a major step within the integration of Bitcoin into mainstream politics, highlighting Trump’s dedication to advancing the way forward for Bitcoin in america.

Trump’s marketing campaign has partnered with OpenNode, a number one Bitcoin and Lightning Community infrastructure supplier, to facilitate these donations. Supporters can now contribute to Trump’s 2024 presidential marketing campaign utilizing Bitcoin through the Lightning Community, a know-how designed to allow quick and low-cost transactions.

“OpenNode is proud to associate with Anedot to convey Bitcoin into the political donation course of,” OpenNode instructed Bitcoin Journal. “This can be a excellent marriage of OpenNode’s main Bitcoin tech stack and Anedot’s sturdy platform for political and nonprofit organizations. The Trump marketing campaign’s adoption of our answer is a robust proof-point of how political campaigns and nonprofits throughout the nation can seamlessly settle for Bitcoin donations.”

Final weekend, whereas talking at a Libertarian Occasion conference, Trump emphasized his dedication to fostering a Bitcoin-friendly surroundings within the U.S., stating that he “will be sure that the way forward for crypto and Bitcoin shall be made within the USA,” and that he “will assist the fitting to self-custody for the nation’s 50 million crypto holders.”

Trump’s assist for Bitcoin extends past marketing campaign donations. Throughout the identical speech, President Trump made a historic dedication to commute the sentence of Ross Ulbricht, the founding father of Silk Street and an early Bitcoin pioneer, to time served if elected President.

“He is already served 11 years,” he said. “We will get him residence.”

Being the primary President in U.S. historical past to simply accept Bitcoin for marketing campaign donations underscores Trump’s broader technique to enchantment to the over 50 million cryptocurrency fans and buyers within the nation. By aligning himself with the Bitcoin neighborhood, the main Presidential candidate has additional positioned himself as a forward-thinking chief who embraces technological developments and monetary freedom.

Simply yesterday, present U.S. President Joe Biden vetoed pro-Bitcoin laws that might have be an enormous win for Bitcoin, additional exhibiting his reluctance to assist the business. The invoice vetoed by Biden would have allowed extremely regulated monetary corporations to custody Bitcoin and different cryptocurrencies.

For extra data on Trump’s Bitcoin marketing campaign donations, go to his web site here.

Leave a Comment