Trump Courts Tech Investors, Promises Crypto-Friendly Presidency
Donald Trump, the former US President, has been actively courting tech investors for his 2024 presidential bid. At a recent event hosted by David Sacks in San Francisco, Trump collected $12 million in campaign funds. Meanwhile, the issue of cryptocurrency has emerged as a significant factor in the upcoming 2024 US election results.
Sacks, the event host, is known for his views on Russian narratives and opposing aid to Ukraine. Trump, however, focused on his stance on cryptocurrency, promising to 'stop Biden's crusade against crypto' within an hour of starting his second term. Unlike Biden's team, Trump's campaign accepts crypto donations, positioning him as a 'crypto president'.
In contrast, neither Olaf Scholz nor Friedrich Merz, prominent German political figures, have taken a public stance on cryptocurrencies like Bitcoin. While crypto plays no role in German or European elections, it has become a significant issue in the 2024 US election results. A prediction market gives Trump a 56% chance of winning the 2024 US presidential election, suggesting a more crypto-friendly policy from the Republicans compared to the Biden administration.
Future historians may describe the current political landscape as a gerontocracy, with older leaders leading powerful states. As the 2024 US presidential election approaches, Trump's courting of tech investors and his stance on cryptocurrency could significantly impact the 2024 US election results, shaping the future of digital currencies in the political sphere.
