Alexei Navalny has collected a serious BTC donation.
Although the leading crypto currency, Bitcoin, is mostly used for payments or long-term value retention, the use of BTC for political donations has increased dramatically in recent years.
Bitcoin Used for Donation Increases
Alexei Navalny, one of Russia’s most prominent opponents and harshly criticizing the Kremlin, has reached a serious amount of BTC thanks to anonymous donations. The amount of BTC that Navalny has collected since the start of the fundraising campaign is worth over $ 700,000.
Navalny’s ”Anti-Corruption Foundation toplam has managed to collect 109.6 Bitcoins since the beginning of 2019. The amount is equivalent to 49 million Russian Rubles per hour. Donations can be viewed from the wallet of Navalny’s campaign manager Leonid Volkov at 3QzYvaRFY6bakFBW4YBRrzmwzTnfZcaA6E.
The fact that such a BTC donation is in fact reveals that the opposition leader has too many supporters who want the support of technology-related people or want to remain anonymous.