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I’m Grateful for Trump’s Embrace of Bitcoin

November 4, 2024
in Bitcoin
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Co-founder of BTC Media eleven years in the past, I’m enthusiastic about the way forward for Bitcoin – and within the spirit of free speech and democracy on this election eve – I really feel compelled to share my first Bitcoin Journal opinion article. Weeks in the past our editor-in-chief, Aaron Van Wirdum, revealed his Take, “Trump Does Not Give a Rattling About Bitcoin,” and he invited submissions of a counter-take.

Our firm was based on the mission of hyperbitcoinization. Because the starting, educating Important Avenue on Bitcoin has been core to our values. We’ve made nice strides. I imagine Trump – as standing president – with pro-Bitcoin advisors, may considerably fast-track Important Avenue’s embrace of Bitcoin, create the world’s most pro-Bitcoin financial system, and commute Ross Ulbricht’s sentence… a robust trifecta.

The resounding skepticism present in Aaron’s TAKE will not be a sentiment that I share; relatively, I belief in Trump’s declared assist for Bitcoin. His internal circle is stuffed with fervent Bitcoiners and people who have signaled assist for Bitcoin: his youngsters, JD Vance, Elon Musk, RFK Jr., Tulsi Gabbard, Vivek Ramaswamy, Senators Lummis, Blackburn, Hagerty and Scott plus many, many extra.

As a newcomer to the Bitcoin area, Trump, like many, remains to be studying. I acknowledge and recognize his ever-student curiosity and want to completely grasp the way forward for cash. A U.S. president with publicity to Bitcoin, who surrounds himself with pro-Bitcoin advisors and insurance policies, is actually a extra favorable various than the openly-hostile administrations of the previous and current.

In Aaron’s TAKE, Trump was chastised for failing to transact his personal bitcoin buy at a marketing campaign cease at PubKey – a Bitcoin bar in Greenwich Village; once more, there isn’t a stone to throw right here. I used to be elated that Trump accepted PubKey proprietor Thomas Pacchia’s invitation to make a marketing campaign cease (and as I perceive it, that was an invite prolonged to each V.P. Harris and Trump, with solely Trump accepting). The transaction was a gesture, facilitated by the group, and was a well-received and celebratory second for that small enterprise and for the worldwide community of Bitcoin companies which have struggled for this stage of acceptance by politicians.

Like others, you is likely to be questioning if donations and votes are the driving drive of Trump’s curiosity in Bitcoin. Does it truly matter what drives any of us as we attempt for a standard good? We’re a various group with various causes for embracing Bitcoin — whether or not a want for monetary sovereignty, an funding alternative, a sudden lack of ability to buy fundamental requirements throughout a protest, a mistrust within the present monetary system and, sure, even politicians in search of the Bitcoin group’s assist via donations and votes.

The Bitcoin Group is aware of Bitcoin will flourish and thrive despite politics; nevertheless, not all points are apolitical. At Nashville’s Bitcoin 2024 convention (and the Libertarian Nationwide Conference), Trump acknowledged, unequivocally, that he’ll free Ross Ulbricht if given the chance as President. The Ulbricht household wants a miracle, and it’s Trump who pledges to ship it.

I had the golden alternative to satisfy Trump backstage at Bitcoin 2024 (alongside two robust, clever ladies – his granddaughter Kai and her mom Vanessa). I discovered Trump to be heat, humorous, and honest. I wholeheartedly welcome Trump to Bitcoin and recognize bipartisanship assist in releasing Ross and our mission of hyperbitcoinization.

I encourage you all to vote this Tuesday, and to hitch Bitcoin Journal and Stand With Crypto for The Highway to Election Day, stay from Las Vegas, this Tuesday, November 5, 2024, starting at 3 p.m. PST. 

This text is a Take. Opinions expressed are totally the writer’s and don’t essentially mirror these of BTC Inc or Bitcoin Journal.



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