1. #1
    raiders72001
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    Trump Picks a Bitcoin Supporter for Cabinet as U.S. Budget Director

    Please delete other thread with the same title. Thanks


    Mick Mulvaney, a conservative Republican congressman from South Carolina and a long-time bitcoin supporter has been picked to run the Office of Management and Budget.
    President-elect Trump stated:
    With Mick at the head of OMB, my Administration is going to make smart choices about America’s budget, bring new accountability to our federal government, and renew the American taxpayer’s trust in how their money is spent!
    Republican Congressman Mick Mulvaney

    Mulvaney became interested in bitcoin around April 2014 when he publicly stated:
    Just wrapped up a Small Business Committee hearing on Bitcoin. I know it isn’t a mainstream issue yet — and may not become one — but it is extraordinarily interesting and something that could eventually influence the dollar and our monetary policy. In fact, one of the witnesses drew favorable comparisons between Bitcoin and Milton Friedman.
    He is the first member of Congress to accept bitcoin donations and questioned Janet Yellen, Chair of the Federal Reserve, in October 2015: “what Bitcoin’s rising popularity says about public perception of the Federal Reserve’s conduct of monetary policy,” according to Coin Center, a non-profit bitcoin research and advocacy center.
    Moreover, Mulvaney, together with Jared Polis, a Democratic member of Congress from Colorado, launched the bipartisan Blockchain Caucus in September with Mulvaney stating:
    “Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy and the delivery of government services, and I am proud to be involved with this initiative.”
    According to Mother Jones, Mulvaney’s view of the Federal Reserve is that it has “effectively devalued the dollar” and “choke[d] off economic growth.” While regarding bitcoin Mulvaney stated that the currency is “not manipulatable by any government.”
    This is the latest sign that the Trump administration is likely to be highly favorable to this space. Peter Thiel, an investor in Bitpay and vocal bitcoin supporter who campaigned for Trump during the election is now an advisor. Milo Yiannopoulos, the flamboyant technology editor for Breitbart News whose founder has been named chief strategist and Senior Counselor for the Presidency of Donald Trump is known to be a bitcoiner.
    Donald Trump found support in Bitcoin investor and PayPal co-founder Peter Thiel.

    Mike Cernovich, a strong and influential supporter of Trump during the campaign, is a bitcoin users. In a short interview with Cenovich for my editorial before the election after he tweeted about bitcoin, Cernovich stated:
    “Freedom is a mindset and BitCoin is freedom. It wouldn’t surprise me to learn that Trump’s sons hold BitCoin.”
    New York and California have been ranked as the worst regulatory environment for digital currencies, out of seven global centers. The Obama administration has given this space IRS’s double taxation, requirements for Fintech companies to become a bank if they wish to operate across all 52 states in a streamlined fashion and of course the disastrous BitLicense. That is now likely to drastically change as the Trump administration, following UK’s lead, potentially provides this space with a sandbox, hopefully ends double taxation, and, maybe, even sets up a research fund to encourage FinTech innovation.
    https://www.cryptocoinsnews.com/trum...dget-director/

  2. #2
    raiders72001
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    We need Trump to publicly support bitcoin. The price would definitely rise.

    Peter Thiel, an investor in Bitpay and vocal bitcoin supporter who campaigned for Trump during the election is now an advisor
    Last edited by raiders72001; 12-21-16 at 02:56 AM.

  3. #3
    Optional
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    He sounds like he really does understand the potential.

    And isn't owned by the reserve

  4. #4
    raiders72001
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    https://www.cryptocoinsnews.com/what...nk-of-bitcoin/
    D
    onald Trump met with tech executives last week. Trump transition team member, billionaire technologist Peter Thiel, whose oversees funds with Bitcoin investments, sat to the president-elect Trump’s left. Incoming Vice President Peter Thiel was on the president-elect’s right. At one point Mr. Thiel, with money in startups like BitPay, and Mr. Trump embraced hands.
    The people who run some of the most valuable companies in the US were there at the meeting, which has been dubbed the “Trump Tech Summit”, including Apple CEO Tim Cook and Larry Page from Alphabet/Google. Palantir CEO Alex Karp, the meeting’s only representative from a private company, was also present. Why? Mr. Thiel founded Palantir. (conflict of interest much?)
    Mr. Thiel’s Founder’s Fund led a capital raise of $2 million into BitPay in 2013. How have some of the other tech giants interacted with Bitcoin in their past?

    We’ve boiled it down…
    Alphabet CEO Larry Page
    Mr. Page has not commented publicly on Bitcoin, but Google has reportedly exploredblockchain technology, according to Forbes’ journalist Andy Greenberg.

    A Bitcoiner from Pakistan, Jarar Malik, reportedly wrote several tech company CEOs to ask if they had plans for Bitcoin adoption. He was ignored, until Google’s Senior Vice President Vic Gundotra wrote back.
    “We are working in the payments team to figure out how to incorporate bitcoin into our plans,” wrote Google Senior VP of Ads and Commerce Sridhar Ramaswamy at one point in the email exchange that Malik forwarded to me. He promised to get back in touch “when we are a little more sure.”
    Tesla and SpaceX CEO Elon Musk
    In an interview available on YouTube, Mr. Musk, who has been appointed to Trump’s Team of Advisories, describes his feelings on Bitcoin.

    Donald Trump met with tech executives last week. Trump transition team member, billionaire technologist Peter Thiel, whose oversees funds with Bitcoin investments, sat to the president-elect Trump’s left. Incoming Vice President Peter Thiel was on the president-elect’s right. At one point Mr. Thiel, with money in startups like BitPay, and Mr. Trump embraced hands.
    The people who run some of the most valuable companies in the US were there at the meeting, which has been dubbed the “Trump Tech Summit”, including Apple CEO Tim Cook and Larry Page from Alphabet/Google. Palantir CEO Alex Karp, the meeting’s only representative from a private company, was also present. Why? Mr. Thiel founded Palantir. (conflict of interest much?)
    Mr. Thiel’s Founder’s Fund led a capital raise of $2 million into BitPay in 2013. How have some of the other tech giants interacted with Bitcoin in their past?
    We’ve boiled it down…
    Alphabet CEO Larry Page
    Mr. Page has not commented publicly on Bitcoin, but Google has reportedly exploredblockchain technology, according to Forbes’ journalist Andy Greenberg.

    A Bitcoiner from Pakistan, Jarar Malik, reportedly wrote several tech company CEOs to ask if they had plans for Bitcoin adoption. He was ignored, until Google’s Senior Vice President Vic Gundotra wrote back.
    “We are working in the payments team to figure out how to incorporate bitcoin into our plans,” wrote Google Senior VP of Ads and Commerce Sridhar Ramaswamy at one point in the email exchange that Malik forwarded to me. He promised to get back in touch “when we are a little more sure.”
    Tesla and SpaceX CEO Elon Musk
    In an interview available on YouTube, Mr. Musk, who has been appointed to Trump’s Team of Advisories, describes his feelings on Bitcoin.

    I think Bitcoin is probably a good thing. I think it’s primarily going to be a means of doing illegal transactions…But that’s not necessarily entirely bad. You know, some things maybe shouldn’t be illegal.
    Mr. Musk, who said he did not own Bitcoin at the time, elaborates.
    He said: “It will be useful for legal and illegal transactions. Otherwise it would have no value as a use for illegal transactions. Because you have to have a legal to illegal bridge.”

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