- August 1, 2024
- Posted by: Jackson Bennett
- Category: News
David Marcus the man who was the former PayPal company president also a former member of the board of directors on Twitter, has been a straightforward Democrat but recently, he joined Donald Trump’s campaign for the presidency. The candidate that is on the side of Donald Trump is David Marcus.ย
In his opinion ex PayPal officer considers Trump as a better option for the market and cryptocurrencies. Kamala Harris is also receiving big money from venture capital.
This pivot of Donald Trump to cryptocurrency has immensely paid off during this period of his campaign for re-election as the United States President. Indeed, the 78-year-old politician has received backing from several principal stakeholders within the digital asset space, not to mention the fiat financial sector.
US needs Pro-crypto Donald Trump
Former Paypalโs President David Marcus is among the new figures that have offered allegiance to Trump. The ex-Paypal executive, a Democrat, expressed support for X on Wednesday, saying he is making a significant move by backing the Republican party and its nominee Trump.
“Many people, including myself in the past, become entrenched in a fixed mindset that defines their identity, making it challenging to embrace new information and alter their perspectives,” Marcus noted on X.
The US needs a president who strongly supports America, its Constitution, business, Bitcoin/crypto, innovation, and more. This candidate should also maintain a stance against further proliferation of regulations, illegalsโ integration into society, and unjust wars. This is why the TV presenter supports former President Trump as he is a perfect representative of the described type.
PayPal co-founder Peter Thiel supports Trump but hasn’t been openly vocal, which some find odd.
Surprise stems from the close ties between American senator candidate JD Vance and Thiel, paving the way for Vance to potentially become Trump’s vice president. It is quite reasonable to assume that their previous interaction will impact his opinion about the Republican Party. However, such a notion is not entirely true: at least, not at the present moment.
Read more:-ย Franklin Templeton Eyes Solana as Next Crypto ETF Offering
Game of Thrones: Trump or Kamala
Donald Trump has garnered support from tech giants, but most funding comes from crypto leaders. The man claimed he had spent over $25 million from the recently conducted Bitcoin Conference.
American businessman Gary Cardone also admitted that he contributed 12. 8 Bitcoin to Trumpโs Presidential Campaign before the American elections. The target is still to hit the $100 million by November when the election is due to happen.
Currently, tensions are rising between Trump and Vice President Kamala Harris, nominated by President Joe Biden recently. On Tuesday, Harris announced a staggering $50 million advertising push ahead of the Democratic National Convention (DNC).
This marked Harris’s first significant advertising campaign as the likely Democratic candidate for the 2024 presidential election.
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