cryptocurrency

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



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

Benzinga – Entrepreneur Vivek Ramaswamy has become the second presidential candidate to accept Bitcoin (CRYPTO: BTC) 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 (CRYPTO: BCH), Ethereum (CRYPTO: ETH), ApeCoin (APE), Litecoin (CRYPTO: LTC), Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

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.

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

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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