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Trump Credits NFT Sales with Shifting Position on Bitcoin
The WLFI 'Chief Crypto Advocate' said his about-face on Bitcoin came from buyers flocking to his NFT projects.
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During yesterday's World Liberty Financial launch event, Trump credited the success of his own branded NFT projects with his change of heart towards Crypto and Bitcoin.
What’s the Scoop?
- NFT Impact: Trump explained that the majority of his NFT trading cards, minted on Ethereum scaling network Polygon, were purchased using cryptocurrency, which shifted his perception of crypto.
- Change of Mind: Trump admitted he wasn't originally interested in crypto and had even criticized Bitcoin during his first presidential term, calling it a "scam." However, after seeing his NFTs purchased with crypto, his view changed.
- Children's Influence: Trump mentioned that his children, particularly his youngest son, Barron, were instrumental in opening his eyes to cryptocurrency. Barron is described as a seasoned crypto user with multiple wallets.
Bankless Take:
Crypto has largely rallied behind Trump's efforts for a second presidential term, though plenty have had misgivings about whether his motivations for supporting the space go beyond enriching himself. His interview Monday didn't seem to prove otherwise, though given Harris's lack of engagement with the crypto industry, single-issue crypto voters may not feel they have another option.
Nobody is sticking around to hear about the token, we're sticking around to hear Barron speak.
— Autism Capital 🧩 (@AutismCapital) September 17, 2024