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Pro-Bitcoin PAC Unveils Donald Trump Campaign Ad
A pro-Bitcoin Political Action Committee (PAC) called Bitcoin Voters PAC has recently created a campaign ad for Republican Presidential Candidate Donald Trump. According to the PAC, this particular ad is currently running in Pennsylvania.
Donald Trump and The Fintech Promise
The ad touts Trump as a leader at the forefront of America’s technological revolution. The PAC believes that Bitcoin’s true potential will be harnessed under Trump’s leadership, with the promise of thousands of jobs being created. Ultimately, the PAC believes that the former president can position the US at the cutting edge of financial technology.
At the end of the video, viewers were advised to vote for “American jobs, American innovation, and a digital future where America leads.”
This ad underscores the growing support for the Republican Presidential Candidate as the date for the 2024 elections draws closer. His Polymarket odds of winning still remain higher than that of his opposition Kamala Harris.
Polymarket bettors are really putting their weight behind Trump. The current data from the betting platform shows that the pro-crypto politician is leading his DNC counterpart by 20%. Precisely, the winning odds for Kamala Harris is currently at 39.9%, while Trump’s is at 59.9%.
Trump and Kamala Harris Receive Crypto Leadership’s Backing
Many top cryptocurrency industry players, including Tron Founder Justin Sun, have shown support for Donald Trump. Many have donated their crypto holdings to support his cause.
As of October 16, the PAC supporting Trump’s presidential campaign has successfully raised approximately $7.5 million in crypto donations. The donations were made in different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), XRP, and the U.S. dollar-pegged stablecoin USDC.
Tesla CEO Elon Musk also donated $75 million to the Trump Campaign. This is in addition to pushing forward efforts regarding the proposed Department of Government Efficiency (DOGE) and campaigning with Trump.
Kamala Harris has also had the backing of key crypto players. Ripple Labs Chairman Chris Larsen and Mark Cuban are behind her, even amidst the criticism from the market.
Chris Larsen has unveiled reasons for backing Harris in the upcoming presidential election.
He claims to believe in her understanding of the innovation economy and her experience in California’s tech hub. Notably, the Ripple co-founder has also given up to $1 million towards supporting Kamala Harris.
Conclusion
The pro-Bitcoin PAC’s campaign ad for Donald Trump highlights the growing support for the Republican Presidential Candidate as the date for the 2024 elections approaches. The ad emphasizes Trump’s leadership at the forefront of America’s technological revolution, with the promise of thousands of jobs being created and the US positioned at the cutting edge of financial technology.
FAQs
Q: What is the pro-Bitcoin PAC’s purpose?
A: The pro-Bitcoin PAC aims to promote the adoption and use of Bitcoin and other cryptocurrencies.
Q: Who has donated to the Trump Campaign?
A: Many top cryptocurrency industry players, including Tron Founder Justin Sun, Tesla CEO Elon Musk, and Ripple Labs Chairman Chris Larsen, have donated to the Trump Campaign.
Q: How much has the PAC raised in crypto donations?
A: The PAC has raised approximately $7.5 million in crypto donations.
Q: Who backs Kamala Harris?
A: Kamala Harris has the backing of key crypto players, including Ripple Labs Chairman Chris Larsen and Mark Cuban.
Q: Why did Ripple co-founder Chris Larsen support Kamala Harris?
A: Chris Larsen claims to believe in Harris’ understanding of the innovation economy and her experience in California’s tech hub. He has also given up to $1 million towards supporting her presidential campaign.
