Investing.com – A few days after Donald Trump's presidential campaign announced it would begin accepting cryptocurrency donations, the former president made his most explicit endorsement of cryptocurrencies to date.
In a Truth Social post shared shortly before his scheduled appearance at the Libertarian National Convention, the 2024 Republican front-runner wrote: “I am very positive and open-minded toward cryptocurrency companies and everything related to this new and burgeoning industry.” “Our country must be the leader in the field.”
Trump affirmed his support with 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 and painful death.”
The ad highlights Trump's message that he is a pro-cryptocurrency candidate and speaks to a core group of young male voters who are getting into digital assets. This came as Trump's defense team rested its hush money case in New York.
Additionally, the Trump campaign has created a fundraising page that allows eligible donors to contribute to his political committees using any cryptocurrency backed by the Coinbase (NASDAQ:) exchange, in an effort to create a “crypto army” in the period prior to election day. .
Trump's latest comments indicate a major shift from his previous misgivings about cryptocurrencies. In a 2021 interview with Fox Business, Trump stated: “The currency of this world should be the dollar. And I don't think we should have all the Bitcoins in the world out there. I think they should regulate them very, very highly.”
However, Trump's views on cryptocurrencies appear to have evolved, especially following the success of his Trump-branded NFT trading cards. These NFTs, including the “Mugshot Edition NFTs,” offered their holders unique perks, such as the chance to have dinner with Trump after a tryout date.
Trump's comments also come just before his speech at the Libertarian National Convention, where he needs to draw voters away from third-party candidate Robert F. Kennedy Jr., known for his pro-cryptocurrency and anti-regulation views. .
