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

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.

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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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