Trump 47 Fundraising Committee Partners with OpenNode to Accept Bitcoin Donations (UPDATED)
Trump 47 Committee, a joint fundraising committee authorized by Donald J. Trump for President 2024, is now accepting Bitcoin donations via Bitcoin and Lightning Network infrastructure provider OpenNode.
- "OpenNode is proud to partner with Anedot to bring Bitcoin into the political donation process. This is a perfect marriage of OpenNode’s leading Bitcoin tech stack and Anedot’s robust platform for political and nonprofit organizations," OpenNode told Bitcoin Magazine.
"The Trump campaign’s adoption of our solution is a powerful proof-point of how political campaigns and nonprofits across the country can seamlessly accept Bitcoin donations," added the company.
Yaël, consumer advocate and visiting fellow at the Bitcoin Policy Institute, clarified that Trump's presidential campaign is not receiving bitcoin donations directly but via Trump 47 Committee, a joint fundraising committee authorized by Donald J. Trump for President 2024.
- On May 21, the campaign also started accepting 'crypto' donations via Coinbase Commerce, which no longer supports Bitcoin.
In previous statements, Trump himself repeatedly emphasized that his preferred currency is the dollar.
- "I always liked ONE currency. I like the dollar," he said in February this year.
"Sometimes we'll let people pay through Bitcoin...it's an additional form of currency...I would not allow countries to go off the dollar, because when we lose that standard, that will be like losing a revolutionary war," Trump stated back in March.
- In a bid to appeal to more libertarian voters, Trump recently promised to commute the sentence of Ross Ulbricht, the founder of Silk Road and an early Bitcoin pioneer, to time served if he is elected President.
Ross Ulbricht to be freed under a Trump presidency.
— JP Technology ₿ (@JP_Technology) May 26, 2024
This should be all over #Bitcoin Twitter today! pic.twitter.com/Ny9AACv0jS
- In the final hours of his presidency in 2021, despite multiple calls for action from his supporters, Trump did not pardon Ross Ulbricht, Julian Assange, and Edward Snowden. Instead, he pardoned 73 other individuals and commuted the sentences of 70 others.
- Although the initial groundwork for the charges against Julian Assange began before Donald Trump took office, the Trump administration did pursue and expand the prosecution of Assange starting in 2018.
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