Crypto Fever Hits 2024 Presidential Race As Yet Another Candidate Embraces Bitcoin Donations

Zinger Key Points
  • Vivek Ramaswamy said on Sunday that he is officially accepting Bitcoin donations now.
  • He encouraged others to make the 2024 election "a referendum on fiat currency."
  • Just a couple of days ago, presidential candidate Robert F. Kennedy Jr. said he would accept campaign donations in Bitcoin.

Entrepreneur Vivek Ramaswamy has become the second presidential candidate to accept Bitcoin BTC/USD donations following Robert F. Kennedy Jr.’s announcement just two days ago.

What Happened: Ramaswamy, on Sunday, made the proclamation while speaking at Bitcoin 2023, a conference held in Miami, Florida. 

During his speech, he encouraged others to make the 2024 election “a referendum on fiat currency.”

The entrepreneur showcased a QR code while on stage, which when scanned, would redirect users to a payment gateway that offers a variety of payment options, including Bitcoin. 

In addition to Bitcoin, BitPay, the payment gateway he chose, supports other cryptocurrencies such as Bitcoin Cash BCH/USD, Ethereum ETH/USD, ApeCoin (APE), Litecoin LTC/USD, Dogecoin DOGE/USD and Shiba Inu SHIB/USD.

Ramaswamy said that donors will be awarded a non-fungible token, or NFT, that can be claimed upon donating.

See More: The Art Of The Future: Lisa Ray’s TheUpsideSpace Bring NFTs To Center Stage

Why It Matters: Saying, “Give $1,” Ramaswamy is seeking contributions for his potential bid in the 2024 campaign. 

Accepting Bitcoin donations opens a new avenue for political fundraising and Ramaswamy predicts that it will further fuel his fundraising efforts. 

Price Action: At the time of writing, BTC was trading at $26,762.98, down 1.26% in the last 24 hours, according to Benzinga Pro.

Read More: Bitcoin, Ethereum, Dogecoin Drop After Powell’s Dovish Comments: Trader Predicts King Crypto Soaring To $300,000

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Posted In: CryptocurrencyNewsMarkets2024 Presidential ElectionBitcoinRobert Kennedy JrVivek Ramaswamy
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