Trump Credits Success of His NFTs for Change of Heart on Bitcoin and Crypto

Because the Republican candidate for president defined, Trump noticed the vast majority of his NFT buying and selling playing cards minted on the Ethereum scaling community Polygon being bought with cryptocurrency — and his supporters enthusiastic about his entry into the house.

“So many individuals paid this fashion,” Trump mentioned. “If that they had paid in {dollars}, I might have mentioned that is customary, I might have accepted – and I used to be blown away.”

Earlier than launching his first NFT assortment in December 2022, Trump admitted he was not fascinated with crypto. In reality, he had beforehand criticized Bitcoin throughout his first presidential time period, saying he was “not a fan.” In 2021, after leaving the White Home, he mentioned in an interview that Bitcoin “simply looks as if a rip-off.”

However that is now not the case, and seeing him use crypto to purchase his NFTs has apparently modified his thoughts.

“I did ask what share was taken between Bitcoin and every thing else however with crypto, and it was an enormous majority,” he mentioned, noting his shock on the variety of folks prepared to lend their crypto to his digital playing cards to offer.

“I used to be a little bit stunned by that, and it has been some time — and it opened my eyes,” he mentioned. “However I feel my kids have opened my eyes greater than something.”

Edited by Andrew Hayward