The Bitcoin 2024 Conference is generating buzz not just for its focus on cryptocurrency innovations but also for its high-profile guests. Among the most talked-about is former President Donald Trump, who is set to attend as a special guest. In a surprising move, Trump has announced a $60,000 fee for a photo op, turning it into a high-stakes fundraiser. This announcement has sparked discussions among attendees and the wider crypto community, with opinions divided on the hefty price tag.
As the conference approaches, anticipation grows around Trump’s appearance and the potential impact on his fundraising efforts. At the Bitcoin 2024 conference in Nashville, Republican presidential candidate Donald Trump extended an invitation to a private round table for $844,600 and a photo op with the candidate for $60,000.
Donald Trump Sets $60K Photo Op Fee for Fundraiser
A recent story states that Donald Trump will host a private fundraising event in Nashville, Tennessee, during the Bitcoin 2024 conference, scheduled for late July. According to Bloomberg, the event features a roundtable discussion, and attendees will need to pay $844,600 to get a spot at the table. Under the existing campaign finance laws, this is the most contribution that the Trump campaign and the Republican National Committee may accept.
Along with the round table, the fundraiser offers a photo op with Trump for $60,000 for each individual or $100,000 for a pair. At the dinner, 150 donors will have the opportunity to meet with Trump and other notable figures, such as Senator J. D. Vance of Ohio, who has been appointed as Trump’s vice president, and former presidential candidate Vivek Ramaswamy.
High-Profile Attendees in Bitcoin Conference
Casual attire will allow attendees to mingle with notable figures, such as Tennessee Senator Bill Hagerty and former Hawaii Representative Tulsi Gabbard. Additionally, attendees will see Trump’s address, which will center on Bitcoin, at the conference.
Many see Trump’s current campaign as a watershed moment in his efforts to build his platform and garner support from the bitcoin industry. Trump completely reversed his critical attitude on Bitcoin and its beneficial effects on power grids when he visited with crypto-mining company executives at his Mar-a-Lago club.
Shifting Stance on Cryptocurrency
This is a shift in Trump’s stance from 2019 when he said cryptocurrencies are criminally exploitable and worthless. Now, Trump is rooting for the United States to surpass China as the bitcoin market leader. His vice presidential nominee, J.D. Vance, has crypto-friendly views and intends to amend FIT21 to benefit the crypto business; this modification aligns with his position.
Even with this backing, not everyone in the cryptocurrency industry is pleased. Vitalik Buterin, co-founder of Ethereum and other Nobel laureates in economics, is worried about the economy due to Trump’s campaign. However, the crypto market has seen an uptick in ‘PolitiFi,’ a term for Trump-related meme coins, and wagers on Trump’s re-election and the likelihood of Biden’s resignation.
There have been rumblings that Trump would add Bitcoin to the assets designated for strategic reserves. According to Satoshi Action Fund CEO Dennis Porter, this could significantly alter global economic trends and solidify Bitcoin’s status as digital gold. These rumors haven’t been confirmed, but they fuel the fire of anticipation for Trump’s speech at the Bitcoin 2024 conference.
