- As of right now, Donald Trump is the first US president to accept campaign donation payments made via the Bitcoin Lightning Network.
- The Trump campaign has partnered with OpenNode to help mainstream politics incorporate Bitcoin.
- Trump encourages the formation of a crypto army, while Joe Biden creates an anti-crypto army.
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Being the first presidential campaign to accept donations via the Bitcoin Lightning Network propelled Donald Trump’s to prominence. To enable donations, the campaign has partnered with OpenNode, a provider of infrastructure for the Bitcoin Lightning Network.
CryptoCaster Quick Check:
The Republican presidential candidate’s advocacy of Bitcoin and other cryptocurrencies, according to a recent report by Bitcoin Magazine, demonstrates his dedication to becoming the country’s leader in the cryptocurrency space.
A Bitcoin enthusiast who goes by the handle @nikcantmine on the X platform shared a post from Bitcoin Magazine, alerting the community to Donald Trump’s support of the cryptocurrency. Nik reiterated, “Donald Trump is now the first US President to accept Bitcoin Lightning Payments,” which is the title of an article published in Bitcoin Magazine.
A Bitcoin enthusiast who goes by the handle @nikcantmine on the X platform shared a post from Bitcoin Magazine, alerting the community to Donald Trump’s support of the cryptocurrency. Nik reiterated, “Donald Trump is now the first US President to accept Bitcoin Lightning Payments,” which is the title of an article published in Bitcoin Magazine.
Bitcoin Magazine expounded on OpenNode’s eagerness to partake in the mainstream political arena of Bitcoin. According to an OpenNode representative:
“OpenNode is proud to partner with Anedot [fundraising platform] to bring Bitcoin into the political donation process. This is a perfect marriage of OpenNode’s leading Bitcoin tech stack and Anedot’s robust platform for political and nonprofit organizations. The Trump campaign’s adoption of our solution is a powerful proof-point of how political campaigns and nonprofits across the country can seamlessly accept Bitcoin donations.”
A report from May 22 claims that Trump’s campaign declared it would accept cryptocurrency donations through Coinbase Commerce. In opposition to Senator Elizabeth Warren and President Biden’s anti-crypto positions, Trump has also announced the party’s choice to assemble a crypto team. Both Trump and Biden have made their positions on cryptocurrencies clear ahead of the 2024 presidential election. Trump made fun of Biden when he expressed his skepticism about the cryptocurrency industry, saying, “He has no idea, but…very much against it.”
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