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Author Topic: Bitcoin Big Money Plans $15 Milion Fundraiser for Trump in Nashville  (Read 59 times)
ContentWriter (OP)
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July 19, 2024, 01:26:53 PM
 #1

Bitcoin Magazine CEO David Bailey is organizing a $15 million fundraiser for Trump in Nashville later this month.

MAGA is confident that:

Quote
“Republicans will end Democrats’ unlawful and un-American crypto crackdown and oppose the creation of a Central Bank Digital Currency,” reads the platform, which was formally adopted Monday at the Republican National Convention in Milwaukee. “We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their digital assets and transact free from government surveillance and control.”

https://www.washingtonpost.com/politics/2024/07/14/trump-cryptocurrency-donors/

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July 19, 2024, 02:04:04 PM
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Is anyone surprised that it's the Republicans who are pushing this? I'm usually surprised by the opposite. To see so many people who are pro-bitcoin and pro-privacy, but then they are of a left-wing ideology that basically believes that it is the government that needs to intervene to make sure that things go right (with CBDCs for example), rather than leaving the freedom to individuals to self-organize, as with bitcoin.

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July 19, 2024, 02:26:53 PM
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Quote
“Republicans will end Democrats’ unlawful and un-American crypto crackdown and oppose the creation of a Central Bank Digital Currency,” reads the platform, which was formally adopted Monday at the Republican National Convention in Milwaukee. “We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their digital assets and transact free from government surveillance and control.”

Good to see bitcoin taking drastic dimensions of more dominance and holding upon its decentralized blockchain technology.
But my takes Will always be that bitcoin shouldn't be politicized because it may not be possible to gain that massive possessions and utilizations. Whether Democrats or Republicans, the technology of bitcoin is for everyone and not built on political ecosystem.

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July 19, 2024, 02:39:48 PM
Last edit: July 19, 2024, 04:29:22 PM by ContentWriter
 #4

Quote
“Republicans will end Democrats’ unlawful and un-American crypto crackdown and oppose the creation of a Central Bank Digital Currency,” reads the platform, which was formally adopted Monday at the Republican National Convention in Milwaukee. “We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their digital assets and transact free from government surveillance and control.”

Good to see bitcoin taking drastic dimensions of more dominance and holding upon its decentralized blockchain technology.
But my takes Will always be that bitcoin shouldn't be politicized because it may not be possible to gain that massive possessions and utilizations. Whether Democrats or Republicans, the technology of bitcoin is for everyone and not built on political ecosystem.


The political system affects Bitcoin and crypto in general, so it should be politicized. Imagine an anti-crypto Chinese and US governments all fighting Bitcoin at once. The price would drop below $20k and many investors would be discouraged. Recovery for the industry may take years. What we need is governments and politicians that support the technology and its use while preventing illegal usage without clamping down on associated businesses.

Whosoever follows Jesus, shall not walk in darkness, but will have the Light of Life.
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July 19, 2024, 04:23:26 PM
 #5

It is indeed great to see that Bitcoin is making headlines. Also it is being noticed and agreed by the politicians that bitcoiners are being targeted by the regulatory agencies. Hopefully once the election is over, there will be some relief given to the Bitcoin users in the US.

I appreciate the attempt to raise funds for the republicans but if nothing changes after they come into power, then all goes to waste! Politicians are the last persons on earth to be believed!


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July 19, 2024, 05:26:14 PM
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And he is here claiming for his love over bitcoin, but they cannot raise the fund even in the currency they are claiming they support, bitcoin is what everyone of them is taking to have edge over the other, yet they are not using this same coin to propagate for their campaigns fund needed, i hope they are not deceiving themselves over the claim of their support for bitcoin, because i fear politics.

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July 19, 2024, 05:39:58 PM
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What I see from him is support for bitcoin and its users, but that is still uncertain. There are always pros and cons to bitcoin and as we can see, on the one hand there is support coming while on the other hand there are also cons. We never know which one can be trusted, but a better hope is what we want for the growth and development of bitcoin. If the US had been in favor, I think bitcoin would have gained more interest around the world.

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