•Donald Trump has been critical of cryptocurrency during his term as president and after.
•In November 2022, he announced his run for presidency in 2024 and followed it up with a series of Donald Trump NFT cards.
•The NFT collection is available on OpenSea, where payments are only accepted in Ethereum (ETH).
Donald Trump’s Crypto Criticisms
Donald Trump has been skeptical of cryptocurrencies since his days in the White House. He regularly expresses his opinion on Bitcoin and other digital currencies via tweets and media interviews, criticizing BTC as a scam against the United States dollar. His first unambiguous social media message appeared in July 2019 when he declared that unregulated cryptos were „not money,“ „based on thin air,“ and could facilitate unlawful behavior.
Donald Trump’s 2024 Presidential Run
On November 15th, 2022, former President Donald Trump announced his intention to again run for the presidency in 2024. Weeks after launching his campaign, the scandal-prone billionaire surprised the crypto space with another „major announcement“: a non-fungible token (NFT) collection featuring Donald Trump decked out in various costumes – superhero, cowboy, and astronaut. The NFTs were released with the slogan “America needs a superhero”.
Trading Cards Available On OpenSea
Trump’s NFT collection is available on OpenSea, one of the biggest NFT marketplaces where these digital trading cards are traded exclusively via cryptocurrencies such as Ethereum (ETH). No fiat payments are accepted by OpenSea for this particular collection.
Although Donald Trump had repeatedly criticized cryptocurrencies during his presidential term, it appears that he is not completely opposed to the idea of digital assets or blockchain technology. This conclusion can be drawn from his decision to release an NFT collection which was made public weeks after announcing his bid to again run for president in 2024.
In conclusion, despite Donald Trump’s many criticisms of cryptocurrencies during his presidential term, it appears that he may not be completely opposed to them or their underlying technology given that he released an NFT collection shortly after announcing plans to run for president again in 2024.