The campaign trail for the 2024 Presidential election is well underway, and the issue of cryptocurrency has recently taken center stage.
In a recent Truth Social post, Republican nominee and former President Donald Trump said that crypto players should “Vote for Trump” because he will stand up to President Biden’s hatred for Bitcoin.
Over the weekend, Trump hosted several Bitcoin miners at his Mar-a-Lago Estate. Afterward, one of the miners who met with Trump told CNBC that his industry had committed to raising over $100 million and turning out more than 5 million voters for Trump in November.
In 2019, Trump went on record stating that he was not a fan of Bitcoin and other cryptocurrencies. Trump went on to say that the value of digital assets is volatile and based on thin air.
However, in March, Trump told media sources that his opinion on crypto had changed after the industry rebounded after a series of scandals. Trump said he is “not sure I’d want to take it away at this point.”
Cryptocurrency Acceptance
While the integration of popular altcoins and the USD has yet to take launch in the eyes of many, a few industries have started accepting digital currency.
Most notably, prepaid gambling sites often accept Bitcoin deposits and other popular altcoins, including Bitcoin Cash, Cardano, Ethereum, Solana, Litecoin, and more. While every site’s banking options differ, Bitcoin deposits are generally accepted at most reputable online casino and sportsbook sites.
Recently, more retailers have opened their cash registers to accept digital assets. Some of the most well-known brands today, such as Microsoft, Starbucks, Twitch, AMC, Home Depot, Tesla, and the Dallas Mavericks, have started accepting Bitcoin as payment.
The Trump campaign recently launched a fundraising page that allows any federally permissible donor the ability to give to his campaign. Donors can use any digital asset accepted through the Coinbase cryptocurrency exchange to support Trump with his 2024 election efforts.
Gambling On The 2024 Election
After the 2020 election, some voters still need clarification about the authenticity of the election results. Still, there are numerous ways you can bet on the election and win money depending on who is declared the winner.
Since most domestic sports betting locations will not carry odds for the 2024 Presidential election, bettors must look online to cash in on the odds provided. Prepaid sports betting sites currently have tons of props and futures for the 2024 election, and the best part is that you can bet with Bitcoin and other accepted digital assets.