- What is the news broke just 2 days after Robert F. Kennedy Junior. announced exactly the same.
- On stage, Ramaswamy displayed a QR code that, when scanned, results in a donation page.
Vivek Ramaswamy may be the second US presidential contender in 2024 to announce he would take Bitcoin contributions. Saying, “Give $1,” Ramaswamy stated he would take Bitcoin contributions.
What is the news broke just 2 days after Robert F. Kennedy Junior. made history by becoming the very first U.S. presidential contender to consider Bitcoin as campaign contributions. When Ramaswamy required happens at Bitcoin 2023 in Miami, Florida, he stated, “Let’s result in the 2024 election a referendum on fiat currency.”
Multiple Cryptocurrencies Recognized
On stage, Ramaswamy displayed a QR code that, when scanned, results in a donation page accepting a number of payment methods, including Bitcoin and it is tiniest unit of currency, the satoshi. Ramaswamy has selected BitPay as his Bitcoin contribution processing provider. Bitcoin Cash, Ether, ApeCoin, Litecoin, Dogecoin, and Shiba Inu a few of the altcoins that BitPay accepts.
Donations produced by citizens and permanent residents from the U . s . States as much as $6,600 for that campaign aren’t tax deductible. Contributors will be presented a non-fungible token (NFT), using the message “After donating, return to claim your NFT.” proven around the contribution page.
The Kansas House of Representatives suggested a $100 limit on cryptocurrency political contributions in Feb. The recipient must “immediately convert” cryptocurrency donations under $100 into U.S. dollars, make use of the monies by any means apart from cryptocurrency, and never hoard the cryptocurrency.However, President Biden made cryptocurrencies a focus of his opposition to some debt solution in the G7 conference that will safeguard wealthy tax evaders and cryptocurrency speculators at the fee for a million Americans who depend on government food help.