By Lucas Williams
Over the course of time, the cryptocurrency industry is constantly growing all over the world. Out of all the industries, the cryptocurrency industry is growing at a very large scale in the United States. The cryptocurrency sector is even gaining a lot of prominence with the government sector. Even the opposing parties and politicians have now started adopting cryptocurrencies.
It has been revealed that the Lake County, Illinois treasurer, Holly Kim is now the first political candidate in the entire state of Illinois who is accepting donations through crypto-campaign.
The Chicago Tribune has recently shared information around the donations that Kim has recently revealed. The Chicago Tribune provided information around the donations collected by Kim on Wednesday, August 25, 2021.
The tribune has revealed that it was just recently when Kim received a donation in Litecoin (LTC). The data shows that the donation she received was worth $3.
The donation was reportedly made by T Capital Coin, whose founder, Mark Tan took the liberty of doing it. Capital Coin is prominently known as an outfit for investment management, which is currently running its operations from Lake Forest.
The reports reveal that Holly Kim is participating in the 2022 reelections. For this purpose, she is going for donations that she would need in order to run the campaign. Kim has revealed that for the campaign, she is willing to accept different kinds of cryptocurrencies.
Kim has revealed that she is willing to accept crypto-donations in the form of Bitcoin (BTC) as well as other cryptocurrencies. She also added that the people wanting to donate to cryptocurrencies can do it in the form of Dai (DAI), Dogecoin (DOGE), Ether (ETH), and so much more.
This is going to prove a new frontier for Kim as this is the first time he has announced the adoption of cryptocurrencies for crypto-donations. Adopting cryptocurrencies is going to prove very beneficial for Kim for the campaign.
As the majority of the tech-savvy sector is moving towards cryptocurrencies, it is a good chance for other sectors to benefit from it. According to Kim, the cryptocurrency community is always willing to donate and give more towards noble and charitable causes.
This is the reason why people are looking to adopt cryptocurrencies so they can generate/raise more funds for charitable causes through donations. Kim is also among some of the politicians that are proponent in cryptocurrencies.
Kim was formerly a Mundelein trustee, and she had made many efforts for the adoption of cryptocurrencies. She has also participated in many other projects, which involved generating funds for villages in different countries for the poor, through cryptocurrencies.
Kim has reported that she will keep holding on to the cryptocurrencies she generates through the donations and have their prices grow in price.
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This proves that it is true what they say about cryptocurrencies that they are going to soon replace physical currencies. It’s good though.
As much as they are promoting cryptocurrencies, they must not overlook the developing countries and the individuals who can’t afford to have these costly cryptosystems.
Cryptocurrencies are now taking over the world and it is showing. Well, that is good news for me as I have always been a big supporter of technology.