A story from the Washington Post says that David Bailey, CEO of Bitcoin Magazine, has promised to raise $15 million for former President Donald Trump at a conference coming up in Nashville.
Later this month, Trump plans to go to the Bitcoin Conference in Nashville, Tennessee, where he hopes to get major gifts from people who use cryptocurrencies.
According to people who know about the situation, the Washington Post said that Bailey brought up the idea of the meeting more than once to Trump and his representatives. Bailey has promised to set up a $15 million Trump fundraiser at the event.
Bitcoin Support From Trump
Two donors who have talked to Trump about cryptocurrency problems told the Washington Post that the former president has said he supports the crypto community, but it doesn’t seem like he really understands the technology. Still, Trump thinks that the crypto industry could help his possible presidential bid.
According to a source cited by the Washington Post, crypto fans are actively looking for candidates to support. These fans often vote on a single topic and have a lot of funds. He made it clear that Trump and his team are aware of this and are taking advantage of it.
The story also talked about recent meetings between top White House officials and executives in the cryptocurrency industry, where different issues were talked about. However, the details of these talks and the names of the people who were involved were not made public.
Trump is set to give a 30-minute speech at the Bitcoin Conference in Nashville on July 27 at 2 p.m. CT (19:00 UTC), which is the last day of the event. People in the cryptocurrency world think that his appearance will help him raise funds.
