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As the 2024 presidential election approaches, speculation about the impact of Donald Trump's presidency on the cryptocurrency industry is intensifying. Trump, who is set to take office on January 20, 2025, has been noted for his active engagement with blockchain technology, including the launch of a non-fungible token (NFT) collection. Observers believe this environment presents a favorable landscape for the crypto sector to flourish. In the lead-up to the election, cryptocurrency-related contributions reportedly amounted to approximately $150 million, accounting for nearly half of all corporate political donations. This financial backing underscores the growing influence and integration of cryptocurrency in political spheres.
Crypto companies/ppl contributed something like ~$150m to the 2024 election That was apparently almost half of all corporate political contributions While I really do not like how much $$$ plays a role in politics America is a business and if you want to play, you gotta pay!
There has never been a better set up for the crypto industry to thrive The incoming president of the US launched a NFT collection and is active on-chain Only a matter of time before the rest of the world follows
There’s never been a better set up for the crypto industry to thrive The incoming president of the US launched a NFT collection and is active on-chain If he is, why aren’t you?