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Donald Trump is not only a former President of the United States but also an astute entrepreneur who knows how to keep himself in the spotlight. After surprising the world with his Bitcoin-themed sneakers, Trump is once again making headlines by selling Bibles to fund his campaign.
From Crypto to Sneakers
Trump has never been a stranger to controversy, and his Bitcoin-themed sneakers are living proof. Released as a limited edition, these shoes quickly found buyers, especially among crypto enthusiasts and collectors.
Within hours, the 1,000 available pairs were sold out, marking a masterstroke for Trump.
However, the resale of these sneakers also took an unexpected turn. On eBay, prices skyrocketed, with some resellers hoping to fetch up to $69,999, sometimes as a joke but also as proof of the speculative value associated with anything bearing the Trump brand.
Although the legitimacy of some listings is in doubt, the buzz around these sneakers demonstrates Trump’s skill in using symbolic items to capture attention and generate funds.
From Sneakers to Bibles
Following the success of his sneakers, Trump turned his attention to another product: the Bible. His “God Bless the USA Bible,” sold at $60 each, is more than just a religious book.
It is a campaign item, a way for Trump to reconnect with his conservative base while diversifying his funding sources.
Within just a few months, these Bibles have raised nearly $300,000, a substantial amount that contributes to easing his debts and funding his re-election efforts.
This Bible-selling strategy, born out of a partnership with singer Lee Greenwood, is more than just a commercial initiative.
It is part of a broader effort where Trump seeks to reaffirm his image as a patriotic and religious leader, an image that strongly resonates with his electorate. Furthermore, by selling signed copies for $1,000, Trump once again uses exclusivity and prestige to maximize his profits.
The New Face of Trump
Trump’s shift towards crypto and crypto-themed collectibles marks a significant evolution in his political strategy.
Once skeptical of Bitcoin, which he labeled a “scam,” Trump has made a complete turnaround, making Bitcoin and other digital assets a cornerstone of his campaign.
At the Bitcoin 2024 conference in Nashville, he even promised to create a “strategic national Bitcoin reserve,” thereby underscoring his unequivocal support for the cryptocurrency. This shift is not without ulterior motives.
By adopting a pro-crypto stance, Trump aims not only to attract a young, tech-savvy electorate but also to differentiate himself from the Biden administration, which he criticizes for its stringent cryptocurrency policies.
In this way, Trump uses crypto not only as a financial tool but also as a symbol of his vision for a strong and independent American technological future.
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Fasciné par le bitcoin depuis 2017, Evariste n’a cessé de se documenter sur le sujet. Si son premier intérêt s’est porté sur le trading, il essaie désormais activement d’appréhender toutes les avancées centrées sur les cryptomonnaies. En tant que rédacteur, il aspire à fournir en permanence un travail de haute qualité qui reflète l’état du secteur dans son ensemble.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
