Revealed, It Turns Out Donald Trump Has This Much Ethereum!
2024-08-17Bittime - It was recently revealed that former President of the United States, Donald Trump, owns between $1 million and $5 million in Ethereum (ETH). This discovery surprised many, especially considering the skeptical attitude towards cryptocurrencies several years ago.
This article will take a deeper look at Trump's changing views on crypto, his involvement in the world of digital assets, and how his Ethereum ownership could influence his future political steps.
From Crypto Skeptic to Ethereum Holder
In 2019, Trump openly expressed his dislike for cryptocurrencies, especially Bitcoin.
In a controversial tweet, he said that Bitcoin and other cryptocurrencies are not real money, and highlighted their volatility and potential for misuse in illegal activities. This statement strengthens Trump's image as a crypto skeptic, who prioritizes the stability of fiat currencies such as the US dollar.
However, Trump's views began to change over time. In 2021, despite still calling Bitcoin a scam in an interview with FOXBusiness, Trump began to show interest in crypto regulation. This move marked the beginning of a change in his view of the world of digital assets.
Trump's Involvement in the World of Crypto and NFTs
As time went by, Trump began to embrace the world of crypto more seriously. He has even attended several crypto-related meetings and events, including a meeting with Bitcoin mining executives at Mar-a-Lago.
The fact that the Trump campaign managed to raise $3 million in cryptocurrencies, primarily Bitcoin and Ethereum, shows how serious the former president is about embracing this new technology.
Apart from that, Trump also achieved success in the world of NFT (Non-Fungible Token). His financial disclosures show that Trump earned $7.15 million through a licensing agreement with NFT INT, an NFT-focused company.
This engagement further strengthens its position in the world of digital assets, especially with the trading volume of the Trump digital trading card reaching more than 15,808 ETH since its launch on OpenSea.
The Impact of Ethereum Ownership on Trump's Political Moves
With the United States presidential election approaching, ownership of digital assets such as Ethereum could become an important point in Trump's campaign strategy. Although he no longer actively mentions cryptocurrencies in his public speeches, Trump's involvement in the crypto space could attract support from pro-technology and innovation voters.
However, Trump's position on cryptocurrencies is not fully accepted by all parties. For example, Vice President Kamala Harris appears to have little interest in digital assets, which was reflected in her absence from meetings with crypto industry representatives.
Nonetheless, Trump campaign representatives continue to maintain relationships with key players in the industry, which could be an advantage in gaining broader support.
Donald Trump's ownership of Ethereum was a big surprise, considering his past skepticism towards cryptocurrencies. However, this change in his views shows how technology and digital assets have grown to become an important part of his financial and political strategy.
With the presidential election fast approaching, Trump's involvement in the crypto space could be one of the deciding factors in his campaign to return to the White House.
How to Buy Crypto on Bittime
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To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
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