This week, Donald Trump announced that his re-election campaign would accept donations in the form of prominent cryptocurrencies. The decision was a stark shift from current US President Joe Biden’s anti-crypto stance. Trump and his campaign have vowed to build a Bitcoin army to defeat Biden in the 2024 presidential election, according to a recent press release.
Indeed, the digital asset sector is proving to be a vital battleground for the upcoming election. Subsequently, Trump and Biden have represented both sides of the increasing political aisle as it pertains to digital assets. Moreover, Trump has emerged as the first major party nominee to accept the asset class in its fundraising.
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Trump Building Bitcoin Army to Defeat Joe Biden in 2024
Heading into 2024, the digital asset sector stood out for its potential implications for the ongoing political discourse in the United States. With a presidential election impending, the year was bound to see candidates succinctly express where they stood in relation to the asset class.
Current US President Joe Biden has consistently stood against the currency. However, he is now set to contend with a campaign that has embraced it with unmatched vigor. Indeed, Donald Trump and his campaign have promised to build a Bitcoin army to defeat Biden in the 2024 presidential election.
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In a recently issued press release, the Trump campaign referenced Senator Elizabeth Warren. Specifically, she claims she is building an “anti-crypto army” to take down the sector. Alternatively, the campaign said the senator was only seeking to “restrict America’s right to make their own financial choices.”
Conversely, Trump’s campaign promised that “MAGA supporters, now with a new cryptocurrency option, will build a crypto army, moving the campaign victory to November 5th!” The dichotomized approach will certainly make for an engrossing campaign trail. Furthermore, it raises the stakes for how the upcoming election could impact the sector as a whole.