Benzinga - Entrepreneur Vivek Ramaswamy has become the second presidential candidate to accept Bitcoin (CRYPTO: BTC) donations following Robert F. Kennedy Jr.’s announcement just two days ago.
What Happened: Ramaswamy, on Sunday, made the proclamation while speaking at Bitcoin 2023, a conference held in Miami, Florida.
Just announced we're officially accepting #Bitcoin donations.Give $1.
Let's make the 2024 election a referendum on fiat currency. https://t.co/KrHJdomtCh pic.twitter.com/OkVmoBmTFz
— Vivek Ramaswamy (@VivekGRamaswamy) May 20, 2023
During his speech, he encouraged others to make the 2024 election “a referendum on fiat currency.”
The entrepreneur showcased a QR code while on stage, which when scanned, would redirect users to a payment gateway that offers a variety of payment options, including Bitcoin.
In addition to Bitcoin, BitPay, the payment gateway he chose, supports other cryptocurrencies such as Bitcoin Cash (CRYPTO: BCH), Ethereum (CRYPTO: ETH), ApeCoin (APE), Litecoin (CRYPTO: LTC), Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).
Ramaswamy said that donors will be awarded a non-fungible token, or NFT, that can be claimed upon donating.
See More: The Art Of The Future: Lisa Ray’s TheUpsideSpace Bring NFTs To Center Stage
Why It Matters: Saying, “Give $1,” Ramaswamy is seeking contributions for his potential bid in the 2024 campaign.
Accepting Bitcoin donations opens a new avenue for political fundraising and Ramaswamy predicts that it will further fuel his fundraising efforts.
Price Action: At the time of writing, BTC was trading at $26,762.98, down 1.26% in the last 24 hours, according to Benzinga Pro.
Read More: Bitcoin, Ethereum, Dogecoin Drop After Powell’s Dovish Comments: Trader Predicts King Crypto Soaring To $300,000
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