Exclusive Donation: Winklevoss Twins Give $2M in Bitcoin to Trump Campaign
If you’re a crypto enthusiast, you’ll be intrigued to hear that Tyler and Cameron Winklevoss made a significant donation to support Donald Trump’s presidential campaign. The twin brothers, known for their involvement in founding Gemini and Facebook, collectively donated $2 million in Bitcoin to the former U.S. President’s campaign.
Twin Donations
- The pair donated a total of 30.94 BTC, with each brother contributing 15.47 BTC
- Gemini, the exchange co-founded by the Winklevoss twins, announced that customers can now make crypto donations to "pro-crypto" candidates
- Tyler Winklevoss took to Twitter to express his support for Trump, labeling the President as pro-Bitcoin, pro-crypto, and pro-business
- He criticized the Biden Administration’s stance on crypto and accused them of waging a war against the industry
- Cameron Winklevoss also made a $1 million Bitcoin donation to Trump and voiced his support for the President
- He highlighted Trump’s favorable stance on Bitcoin, crypto, and business
Trump’s Acceptance of Crypto
- In May, Trump began accepting crypto donations after a meeting with holders of Trump NFTs at Mar-a-Lago
- While Trump has previously criticized Bitcoin and cryptocurrencies, he has expressed a more positive outlook toward the industry
- Analysts predict a Trump win could be beneficial for Bitcoin
- Despite Trump’s past criticisms of crypto, his recent actions suggest a shift in his stance
- He now seems open to supporting crypto and Bitcoin mining in the U.S.
Final Thoughts
- The Winklevoss twins’ donation marks a significant moment in the intersection of crypto and politics
- It remains to be seen how these donations will influence political discourse and policies related to crypto in the future
- The twins have not disclosed the specific recipients of their donations
Hot Take: Crypto Philanthropy in Political Support
As the worlds of cryptocurrency and politics collide, the donation by the Winklevoss twins to Trump’s campaign highlights the growing influence of crypto in the political landscape. It raises questions about the role of digital assets in supporting political candidates and shaping policy decisions moving forward.
Sources:
Official Gemini Announcement
Tyler Winklevoss Twitter Statement
Cameron Winklevoss Twitter Statement
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