US Republican presidential candidate Trump is playing the cryptocurrency card heavily in this election campaign, and he has even made millions of dollars by selling NFTs. This Wednesday is his dinner party with Trump Trading Card NFT collectors. It is understood that the participation threshold for the dinner is to hold 75+ NFTs of this series, with a converted market value of at least US$10,000. In fact, when he first entered the White House, he was not a fan of cryptocurrencies. He once said on Twitter that these currencies came out of thin air, but this election cycle has drastically changed his attitude towards cryptocurrencies, which also makes people wonder what has changed him, or has he really changed?
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ToggleTrump Is Not a Cryptocurrency Expert: He’s an Expert in “Selling” Cryptocurrencies
"If you support cryptocurrency, you vote for Trump because the Democrats want to end it," Trump said at a dinner in Florida on Wednesday, where he also pledged to accept political donations in the form of cryptocurrency. According to reports , a CoinDesk reporter also attended the dinner as an escort, but he seemed a little disappointed with Trump’s performance.
Although this is an event that uses NFT as a voucher for participation and is nominally a cryptocurrency. However, reporters at the conference pointed out that only a very small part focused on cryptocurrency, and it could even be said that cryptocurrency was a very niche topic at this event. He went one step further and pointed out that Trump is not an expert in the field of cryptocurrency, but he is an expert in "selling" cryptocurrency.
When asked about CBDC, central bank stable currency and government blockchain, he said that these things have their own positioning. He added: "Some incredible things are happening, I mean looking back a few years ago, people didn't think cryptocurrencies were going to be successful, but now there are record numbers of cryptocurrencies. I guess you could say it's a form of currency, I think I support this, and I support this more and more."
The reporter commented that perhaps for some people in the encryption industry, it is not important whether Trump understands cryptocurrency. What is important is that he seems to be the first candidate to express a positive attitude towards cryptocurrency.
Cryptocurrency has become a tool for creating confrontation between the two parties, and Trump sees himself as his only hope
"Biden doesn't even know what that is. If you asked Biden, 'Sir, are you for or against cryptocurrencies?' he would say, 'What is that? Get me off the stage.'" Trump attacked at dinner Democratic President Joe Biden appeared at the dinner shortly before he promised to block the House of Representatives from repealing a pilot program on cryptocurrency, which the encryption industry said has inhibited industry development.
The Democratic campaign team also sent an email to supporters a few hours before the dinner. The letter pointed directly at "those who were defrauded of up to ten thousand dollars to buy small pictures" and stated that Trump did not conduct campaign activities in his free time, but instead Host a gorgeous dinner party.
But reporters believe that Trump is actually still campaigning. Although he only faces a few hundred people, he is actually facing tens of millions of cryptocurrency users who are ignored by Biden, and his performance at the dinner will also be reflected through social media. Group media was widely disseminated.
Trump has positioned himself as the crypto industry’s only hope, even though his understanding of the industry is sporadic and one-sided. When asked about how to change the dilemma of policy forcing American companies to go abroad, he said that his government does not want this to happen and that they will embrace the encryption industry.
