AgroupofBTCminers,includingRiotPlatforms,CleanSpark,andMaraHoldings,isthrowingtheirweightbehindthenewBitcoinVoterPAC,ascompetitionintensifiestoinfluencetheoutcomeofthe2024election.
ThewebsitehasvideoadvertssupportingpresidentialhopefulDonaldTrumpandSenatorTedCruzontheirpositivestandstowardsthebitcoinandcryptocurrencyindustry.Thiscomesasexecutivesinthecryptoindustryhavealsobeenpouringlargesumsoffundsindonationstobackcandidateswhoarepro-crypto.
BitcoinVoterPACdriving“financialfreedom”
Accordingtoit’swebsite,theBitcoinVoterPACis“committedtohelpingelectBitcoinchampionswhowanttoprotectUSinnovationandbringsoundmonetarypolicytotheAmericanpeople.”
Votingforpro-cryptocandidatesthereforeguaranteesfinancialfreedomforAmericans,itsuggests.InoneoftheadvertssupportingSenatorTedCruz,whoisrunningforTexas,itsaystheaspiringSenatorwillbethechampionforthestate’sfinancialfreedom,particularlyforBitcoinandcryptocurrency.
Theadvertsaresellingthesametheme.AccordingtooneoftheadvertsfeaturingTrump,thecountry’sfinancialfreedomisundersiege,andwithKamalaHarrisinoffice,thefutureofcryptocurrencywillbeuncertain.
“TheBitcoinVoterPACiscommittedtohelpingelectBitcoinchampionswhowanttoprotectU.S.innovationandbringsoundmonetarypolicytotheAmericanpeople.”
BitcoinVoterPAC.
Accordingtothewebsite’sadverts,thepro-cryptocandidatesitsupportsarechampionsfordigitalcurrencybygivingpeoplecontrolovertheirfinancialfreedom,andensuringtheirmoneyistheirchoice,“decentralized,andfreefromthegovernment.”
SupportersoftheinitiativearealreadyupbeatthataTrumppresidencywillbegoodforthecryptoindustryasopposedtoKamalaHarris.
“CauseTrumpispro-cryptoandtheindustryshouldsupportthatandnotcrosstheirfingershopingKamalaanddemocratswillbewhenthey’vealreadyprovenotherwise,”saidCarpenterXRPonXplatform
🚨SCOOP:Agroupof$BTCminersthatincludes@RiotPlatforms,@CleanSpark_Incand@MARAHoldingsarebehindanewpro-BitcoinsuperPACcalled@BitcoinVoterPACthat’srunningadsinsupportof@realDonaldTrumpand@SenTedCruz.
Accordingtoit’swebsite,theBitcoinVoterPACis…https://t.co/yEbJoMteI9
—EleanorTerrett(@EleanorTerrett)October21,2024
Cryptofirmscontinuetosupportpro-cryptocandidates
Oneofthehottopicsinthecryptoindustryisaroundregulationofthesector.ThisisoneofthesellingpointsfortheBitcoinVoterPAC,asitaimstoensuretheelectionofcandidateswhoarepro-cryptoandwhowillcomeupwithregulationsthatpromoteafairenvironmentasopposedtostiflinginnovationinthesector.
Thisalsocomesassomestakeholdersinthecryptoindustryhaveexpressedfrustrationswiththeregulator,theSecuritiesandExchangeCommission(SEC).Forexample,Ripplehasreportedlyspentover$100millionfightingalawsuitbroughtbySEC,thathasgoneaftersomeofthebiggestcryptoexchangeswiththelikesofCoinbase,Binance,andKrakenbeingtargets.
“Therearethoseingovernmentwhowanttoregulateandrestrictaccesstocryptocurrency.TheBitcoinVoterPACwillhelpelectcandidateswhowillprotectourfinancialfreedom.”
BitcoinVoterPAC.
Thewebsitealsomakesacallfordonationstopowertheelectioncampaigns.Thiscomesastherehavebeenhugefundsgoingthroughtotheelectionprogramsinsupportofthepro-cryptocandidates.
Sincetheelectioncampaignstarted,cryptofirmshavepouredlargesumsofmoneytobacksomecandidates,reportedlytosecuretheirbusinessesonceapro-cryptoindividualmakesit.
AsofSeptember,cryptobusinesseshadpouredover$190milliontowardsthe2024electionintheUSwiththeWinklevosstwinsalonedonating$10million,becomingthebiggestindividualdonorsfromthecryptoindustry.
cryptopolitan.com