In a historic move, Donald Trump has become the first US president to accept Bitcoin Lightning Network payments. Election fundsThe announcement marks an important step in bringing Bitcoin into mainstream politics and underscores President Trump’s determination to advance Bitcoin’s future in the United States.
The Trump camp Open NodeBitcoin and Lightning Network, a leading infrastructure provider for Bitcoin and the Lightning Network, are teaming up to facilitate these donations. Supporters can now donate to President Trump’s 2024 presidential campaign using Bitcoin via the Lightning Network, a technology designed to enable fast, low-cost transactions.
Trump was speaking at the Libertarian Party convention last weekend. Emphasized He said he is committed to fostering a Bitcoin-friendly environment in the United States, “ensuring that the future of cryptocurrency and Bitcoin is made in America,” and that he “supports the right of self-custody for the nation’s 50 million cryptocurrency holders.”
Trump’s support for Bitcoin goes beyond campaign donations. In the speech, he also made a historic pledge to commute the prison sentence of Silk Road founder and Bitcoin pioneer Ross Ulbricht for the full time he has served if elected president.
“He’s already served 11 years,” he said. Said“I’m going to take him home.”
Becoming the first president in U.S. history to accept campaign donations in Bitcoin underscores Trump’s broader strategy to appeal to the country’s more than 50 million cryptocurrency enthusiasts and investors. By aligning with the Bitcoin community, the leading presidential candidate has further positioned himself as a forward-thinking leader who values technological advancement and economic freedom.
Just yesterday, current US President Joe Biden Rejected The pro-Bitcoin bill would have been a big win for Bitcoin, but it further demonstrated his reluctance to support the industry. The bill Biden vetoed would have allowed heavily regulated financial institutions to store Bitcoin and other cryptocurrencies.
For more information about Trump’s Bitcoin campaign finances, please visit his website. here.
