In a significant shift, Trump's campaign is now accepting Bitcoin donations, a move that marks a dramatic departure from past administrations. He has called the Biden administration's crypto policies a 'war on innovation,' positioning himself as a champion of the cryptocurrency movement. Trump declared in December through his Truth Social account that he sees Bitcoin as representative of freedom, sovereignty, and independence from governmental control, emphasizing its role in enhancing America's global competitiveness.
Trump's understanding of the power of a single-issue voter is key here. He recognized that by embracing the crypto community, he could turn long-standing skepticism into electoral support. By actively participating in the crypto dialogue and asserting that the US must not fall behind in the global crypto race, Trump's appeal grew among this influential group of voters, leading to significant contributions to his inaugural fund.
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