.png)
Trump taps Bitcoin Magazine CEO to set ‘day 1’ crypto policy
The post Trump taps Bitcoin Magazine CEO to set ‘day 1’ crypto policy appeared on BitcoinEthereumNews.com. Donald Trump, the presumptive Republican nominee for the 2024 presidential election, is working with Bitcoin Magazine chief executive officer David Bailey on a crypto policy agenda. In a May 11 post on X, Bailey stated that he has been working with Trump for a month on a so-called “comprehensive executive order” to be signed on “day 1.” “Day 1” also happens to be when Trump, according to comments made in Iowa back in December, plans to be a dictator. Trump later told Time that the remark was made “in jest.” For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but… — David Bailey???????? $0.65m/btc is the floor (@DavidFBailey) May 11, 2024 Additionally, Bailey pointed out that he and other players in the crypto space are looking to raise a $100 million war chest for the Trump campaign to ensure the twice-impeached and quadruple-indicted candidate gets back into the White House. Bailey’s revelation comes as Trump — currently on trial in New York for allegedly falsifying business records —reverses his stance on Bitcoin, which he previously called “a scam” and “based on thin air.” Trump relies almost entirely on campaign donations and political action committees (PACs) to pay his lawyers — bills estimated to be north of $100 million at the start of 2024. He’s now hoping donations could be made in cryptocurrency. At an event in Mar-a-Lago on May 9, Trump declared, “If you’re pro-crypto, you’ll support me because the other guys want to squash it.” In a later post, Bailey said, “It’s time for Bitcoin to elect the next President…
The post Trump taps Bitcoin Magazine CEO to set ‘day 1’ crypto policy appeared on BitcoinEthereumNews.com.
Donald Trump, the presumptive Republican nominee for the 2024 presidential election, is working with Bitcoin Magazine chief executive officer David Bailey on a crypto policy agenda. In a May 11 post on X, Bailey stated that he has been working with Trump for a month on a so-called “comprehensive executive order” to be signed on “day 1.” “Day 1” also happens to be when Trump, according to comments made in Iowa back in December, plans to be a dictator. Trump later told Time that the remark was made “in jest.” For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but… — David Bailey???????? $0.65m/btc is the floor (@DavidFBailey) May 11, 2024 Additionally, Bailey pointed out that he and other players in the crypto space are looking to raise a $100 million war chest for the Trump campaign to ensure the twice-impeached and quadruple-indicted candidate gets back into the White House. Bailey’s revelation comes as Trump — currently on trial in New York for allegedly falsifying business records —reverses his stance on Bitcoin, which he previously called “a scam” and “based on thin air.” Trump relies almost entirely on campaign donations and political action committees (PACs) to pay his lawyers — bills estimated to be north of $100 million at the start of 2024. He’s now hoping donations could be made in cryptocurrency. At an event in Mar-a-Lago on May 9, Trump declared, “If you’re pro-crypto, you’ll support me because the other guys want to squash it.” In a later post, Bailey said, “It’s time for Bitcoin to elect the next President…
What's Your Reaction?
