U.S. presidential candidate Donald Trump met with multiple non-fungible token (NFT) buyers on Wednesday (May 8), and he confirmed that he would accept cryptocurrency as campaign contributions. Fox News correspondent Eleanor Terrett said that Trump noted that he would stop the hostility of the United States towards cryptocurrencies.
In multiple video clips uploaded to Twitter by NFT creator and well-known opinion leader Frank Degods, Trump appears to have told a group of NFT buyers that he intends to accept campaign donations in the form of cryptocurrency.
"If you can't do it, I'll make sure you can," Trump said. Can we use cryptocurrency to donate to the Trump campaign? I believe the answer is yes. ”
(Source: X)
Trump also told buyers that current President Joe Biden "doesn't even know" what cryptocurrency is.
"If you like any form of cryptocurrency, and it has a lot of different forms, if you support cryptocurrency, you'd better vote for Trump," he added.
Mr. Trump appears to have made the remarks at a gathering organized on the day of trial break to meet and have dinner with buyers of his avatar version NFTs.
American media Axios, citing a copy of the dinner invitation, reported that those invited to the dinner bought more than 47 NFTs individually, each at a price of $99.
"We did it when NFTs weren't hot yet, and we made NFTs popular again." Trump added.
In response to a question about whether he would keep his crypto businesses in the United States, Trump explained that he would work to keep them in the United States.
"If crypto leaves the U.S. because of hostility to cryptocurrency, then, we're going to stop it, and we don't want that," Trump said.
"If we are going to accept it, we have to keep them here," he stressed. ”
According to CoinMarketCap data, "Jeo Boden" is a Biden-based meme coin that has risen 13.04% in the past 24 hours following Trump's comments on the coin.
(Source: CoinMarketCap)
"That's a lot of money for one token, and I don't like the investment," Trump said after hearing that the BODEN token has a market cap of $240 million.
Avichal Garg, co-founder of Electric Capital, wrote in a Twitter post that Trump's evolution in cryptocurrency is "surprising." "Whoever directs him on this issue will crush it," he said. ”
He added that if Biden continues to be anti-crypto, "the consequence is that crypto goes from opposing SEC Chairman Gary Gensler to opposing Biden to opposing the Democrats." ”
In the presidential election in November this year, Trump will "play" on behalf of the Republican Party and have a "rematch" with Democratic candidate Biden.
"The two presidential candidates are on very different sides in the crypto debate, with Biden making it clear that he will side with Gensler and continue to support SEC-led enforcement," Eleanor wrote. Trump said he would stop U.S. hostility toward crypto and 'make sure' to start accepting campaign contributions in cryptocurrency. ”