Former US President Donald Trump has invited crypto industry supporters to a private fundraising event in Nashville on July 27, with an asking price of $844,600 to attend an exclusive roundtable discussion. This surprising initiative has prompted numerous reactions in the cryptocurrency world.
The high price of Trump’s round table
For this astronomical sum, guests will have the privilege of sitting with Trump and having front-row seats for his speech on Bitcoin at the conference. They will also be able to pay $60,000 (one person) or $100,000 (a couple) for photos with Trump.
Other potential participants include political figures such as Senator J.D. Vance of Ohio, tipped as a possible running mate for Trump, Senator Bill Hagerty of Tennessee, Vivek Ramaswamy and Representative Tulsi Gabbard of Hawaii.
Trump’s evolving views on cryptocurrencies
After criticizing them in the past, Trump seems to have changed his mind about cryptocurrencies. He now argues that the U.S. must take the lead in this field to stay ahead of China. His participation in the Bitcoin 2024 conference shows that he now sees Bitcoin as an opportunity rather than a threat.
The potential impact on the crypto industry
This event could have a significant impact on the place of cryptocurrencies in American politics. Figures like Senator Vance, who holds over $100,000 in Bitcoin, are pushing for legislation favorable to the crypto industry. This could have major repercussions for the sector.
Although $844,600 is an astronomical sum, some see it as a rare opportunity to influence political decisions at the highest level. Others, however, feel that this exclusive access runs counter to the open spirit of cryptocurrencies.
