Good day everyone,
I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at the recent news of Donald Trump looking to raise $844,600 by hosting a private fundraiser gathering at the upcoming Bitcoin Conference in Nashville.
Trump Fundraiser
Republican candidate for the upcoming presidential race in the United States, Donald Trump, is planning on hosting a private fundraiser at the upcoming Bitcoin Conference 2024 in Nashville. He will be offering various funding options for attendees, and according to a recent report by Bloomberg, the fundraiser will feature special guests. These will include the newly announced running mate J.D. Vance, along with Vivek Ramaswamy, and Tulsi Gabbard. Attendance at the fundraiser will be limited to between 100 and 150 seats, making it an exclusive event.
Trump is scheduled to speak at the conference, giving a speech on the 27th of July. The report shows that an invitation and there are multiple options for donations, including $844,600 for a seat at a roundtable to photo opportunities for $60,000 per person or $100,000 per couple. The fee for a seat at the roundtable is the highest allowable joint campaign donation to the Trump campaign and the Republican National Committee under current campaign finance regulations.
The former President is expected to demonstrate his latest stance on the crypto industry during the Conference, while also marking the opportunity to continue his campaign trail following the recent attempt on his life. Back in June Trump attended a Bitcoin miners gathering and he gave his supoort to Bitcoin, while also showing opposition for the central bank digital currency (CBDC). Trump noted:
“Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the remaining Bitcoin to be MADE IN THE USA!!! It will help us be ENERGY DOMINANT!!!”
The Republican Party has expressed a favourable approach towards cryptocurrency, and on the 12th of July in a TV interview with Fox Business, Wyoming Senator Cynthia Lummis noted that keeping Bitcoin as a reserve could help maintain the strength of the U.S. dollar. She noted:
“We know we want the US dollar to remain strong. And actually having Bitcoin in reserve can help the US dollar remain strong.”
Have a great day.
Peace. CryptoGod-1.
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