Former crypto critic Donald Trump is now embracing cryptocurrencies, pledging to retain US Bitcoin holdings and form a crypto advisory board if re-elected. Leveraging NFTs and crypto donations for his campaign, Trump has garnered substantial financial backing from entities like Fairshake.
Renowned investors Marc Andreessen and Ben Horowitz support Trump over Democrats' crypto policies, with his running mate, J.D. Vance, being a crypto investor.
Amid Trump's bid to position the US as a 'crypto capital,' concerns have arisen about handling seized assets. Meanwhile, author Nat Eliason deems backing crypto in political campaigns essential for bolstering the dollar's global standing.
Trump's evolving stance on cryptocurrency is evident in his varied approaches to engaging distinct audiences, from religious groups to crypto enthusiasts, underscoring the strategic intricacies of his campaign tactics.
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