Key Points
- Donald Trump is the first US President to accept Bitcoin Lightning Network payments for campaign donations.
- His Presidential campaign saw donations pouring in following the recent guilty verdict.
Donald Trump made an important move and became the first American President to accept Bitcoin Lightning Network payments for campaign donations.
This announcement marks an important step in integrating Bitcoin into mainstream politics, highlighting the former US President’s strong commitment to crypto.
Trump’s campaign teams up with OpenNode
According to the latest reports, Trump’s campaign has teamed up with OpenNode, a leading Bitcoin and Lightning Network infrastructure provider in order to facilitate these donations.
Now, supporters can contribute to Trump’s 2024 presidential campaign using Bitcoin via the Lightning Network. This is a technology that’s designed to enable fast and low-cost transactions.
OpenNode recently said that they are proud to team up with Anedot to bring Bitcoin into the political donation process. They noted that this is a perfect marriage of OpenNode’s leading Bitcoin tech stack and Anedot’s robust platform for political and nonprofit organizations.
They also noted that Trump’s campaigns and nonprofits across the country can seamlessly accept Bitcoin donations.
Donations poured into Trump’s campaign following the verdict
A few days ago, on May 31, Trump became the first former American President to be convicted of felony crimes yesterday, May 30.
A New York jury found him guilty of all 34 charges in a scheme regarding his alleged influence on the 2016 election.
As APNews reported, Trump said after the trial that this was a “rigged, disgraceful trial”. Trump also said that the real verdict will be on November 5 by the people.
However, it has been reported that the verdict energized Trump’s base, leading to millions of dollars fueled in new campaign contributions during the past days.
The Presidential campaign announced last Friday that the amount was $52.8 million after 24 hours following the verdict. As noted by Fox, the campaign touted that the fundraising was nearly double the biggest day ever recorded for the Trump campaign.
It was reported that the verdict has awakened the MAGA movement like never before.
Elon Musk was one of the prominent voices who showed support for Trump following the latest verdict.
