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+--- Thread: One of Joe Biden's Biggest Donors Runs a Cryptocurrency Exchange (/showthread.php?tid=6119693)
One of Joe Biden's Biggest Donors Runs a Cryptocurrency Exchange - Apocryphon - Nov 5, 2020
Source
Code
https://decrypt.co/47292/one-of-joe-bidens-biggest-donors-runs-a-cryptocurrency-exchangeFTX exchange founder Sam Bankman-Fried was in the top 20 contributors to Joe Biden’s 2020 US presidential campaign with a $5.2 million donation.
That's pretty much good news for crypto if you ask me. ✌
RE: One of Joe Biden's Biggest Donors Runs a Cryptocurrency Exchange - Apocryphon - Nov 5, 2020
(Nov 5, 2020 07:14 AM)Fictional Wrote: That's if Joe Biden wins 🤣 The election isn't over yet unfortunately, we can't just assume things atm.
I want Trump to win as much as you do, but he's going to lose eventually. It's not up to us, it's a bigger force that wants Biden running as a president.
Whether we like it or not that's the sad truth..
RE: One of Joe Biden's Biggest Donors Runs a Cryptocurrency Exchange - Stoner - Nov 5, 2020
Dumb question maybe but why would this be good news for crypto?
RE: One of Joe Biden's Biggest Donors Runs a Cryptocurrency Exchange - Nymphomaniac - Nov 5, 2020
(Nov 5, 2020 08:24 AM)Stoner Wrote: Dumb question maybe but why would this be good news for crypto?
Generally people who are high up in power would be opposed to Crypto as it has the potential to reduce that power they have. We know Trump wasn't a Bitcoin fan and it would be within his power to pass legislation which could greatly effect the Bitcoin price. If Biden were to become president and one of his largest donors owns an exchange, he would be less likely to do anything along those lines, might even be encouraged to accept Bitcoin!
RE: One of Joe Biden's Biggest Donors Runs a Cryptocurrency Exchange - Stoner - Nov 5, 2020
(Nov 5, 2020 09:20 AM)Nymphomaniac Wrote: Generally people who are high up in power would be opposed to Crypto as it has the potential to reduce that power they have. We know Trump wasn't a Bitcoin fan and it would be within his power to pass legislation which could greatly effect the Bitcoin price. If Biden were to become president and one of his largest donors owns an exchange, he would be less likely to do anything along those lines, might even be encouraged to accept Bitcoin!
Ahh in that way it could be a really good thing for all bitcoin traders in the world.