Bitcoin Magazine CEO pledges to raise $15m for Trump: report

As a seasoned researcher with a background in politics and technology, I find this news intriguing. The intersection of Bitcoin and politics is a relatively new phenomenon, but it’s becoming increasingly significant. According to multiple reports, former President Donald Trump is planning to attend the Bitcoin Conference in Nashville with the intention of raising $15 million from crypto enthusiasts.


According to reports, David Bailey, the CEO of Bitcoin Magazine, is intending to secure $15 million for former President Donald Trump at an upcoming conference in Nashville towards the end of this month.

As a financial analyst following the news regarding former U.S. President Donald Trump, I have learned that he intends to attend the Bitcoin Conference in Nashville, Tennessee. According to trustworthy sources familiar with the situation, reportedly shared by The Washington Post, Trump aims to generate approximately $15 million in donations during this event.

As a crypto investor following the latest news, I’ve come across an intriguing piece of information. Bitcoin Magazine’s CEO, David Bailey, reportedly advocated for a Bitcoin conference multiple times to then-President Trump and his representatives. He proposed organizing a $15 million fundraiser in Nashville to make it happen.

Based on trusted sources, at least two donors who discussed crypto matters with Trump expressed that he had indicated a favorable stance towards cryptocurrencies despite appearing unfamiliar with the complexities of the digital currency landscape. The article further reveals that Trump continues to view the crypto community as a valuable resource in his efforts to secure another term as president.

Trump recognizes that the Biden administration has failed to appropriately handle crypto policy and underestimated its importance.

Trump donor and Multicoin Capital co-founder Kyle Samani.

In an interview with The Washington Post, Samani remarked that numerous cryptocurrency supporters function as one-issue voters, possess significant financial means, and are actively seeking a political candidate to back. Trump and his associates reportedly acknowledge this demographic’s potential influence and are effectively leveraging it.

Senior White House officials have held clandestine talks with crypto industry leaders in recent times, listening to various grievances from them. However, the identities of those present and the details of these conversations remain a mystery. Trump is set to address an audience at 2 p.m. Central Time (19:00 UTC) for thirty minutes on July 27, wrapping up the Bitcoin Conference in Nashville.

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2024-07-15 14:23