Donald Trump

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David

Joe Biden

The pivot of Donald Trump to cryptocurrency has immensely paid off during this period of his campaign for re-election as the United States President. Precisely, the 78-year-old politician has gained support from some of the key players in the digital asset sector as well as the traditional finance landscape.
<h2 id="us-needs-pro-crypto-donald-trump">US Needs Pro-crypto Donald Trump</h2>
One of the latest figures to extend support to Trump is Paypal’s former President David Marcus. On the flip side, the ex-Paypal executive is a Democrat. He announced his stance on X on Wednesday, citing that he is “crossing the Rubicon” to support the Republican party and its candidate Trump.
“Many — including a former version of myself — get trapped in a mental framework that becomes their identity and prevents them from radically evolving their thinking with new facts and information. I finally broke free from it,” Marcus wrote on X.
<blockquote class="twitter-tweet">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">NEW: Another former <a rel="noopener noreferrer nofollow" href="https://twitter.com/PayPal?ref_src=twsrc%5Etfw">@PayPal</a> person, <a rel="noopener noreferrer nofollow" href="https://twitter.com/davidmarcus?ref_src=twsrc%5Etfw">@davidmarcus</a>, a Democrat, comes out in support of <a rel="noopener noreferrer nofollow" href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a>.
 Earlier this month I wrote about how PayPal co-founder <a rel="noopener noreferrer nofollow" href="https://twitter.com/peterthiel?ref_src=twsrc%5Etfw">@peterthiel</a> has yet to publicly support Trump despite his protege Vance being on the ticket.
 Will Thiel come around? <a rel="noopener noreferrer nofollow" href="https://t.co/EmYdGhd22z">https://t.co/EmYdGhd22z</a>
 — Eleanor Terrett (@EleanorTerrett) <a rel="noopener noreferrer nofollow" href="https://twitter.com/EleanorTerrett/status/1818741471182266863?ref_src=twsrc%5Etfw">July 31, 2024</a>
</blockquote>
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In his opinion, what the US needs is a president who is unequivocally pro: America, the Constitution, business, Bitcoin/crypto, innovation and so many other things. This candidate should also remain anti: regulatory proliferation, illegal immigration, unjust wars. Former President Trump fits the description perfectly, hence his support to him.
Meanwhile, PayPal co-founder Peter Thiel is yet to publicly endorse Trump and several trend observers find this surprising.
Their astonishment stems from the fact that JD Vance, the American senator who is a protégé of Thiel, is billed to become Trump’s vice-president. One would expect that their past relationship will influence his support for the Republican party. However, this is not the case, at least not yet.
<h2 id="game-of-thrones-trump-or-kamala">Game of Thrones: Trump or Kamala</h2>
So far, Donald Trump has received support from several tech behemoths but a significant portion of his donations are from crypto top shots. His donations from the recently held <a href="https://coingape.com/donald-trump-raises-25m-from-bitcoin-conference-2024/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Conference</a> allegedly topped $25 million.
Even American businessman <a href="https://coingape.com/crypto-entrepreneur-reveals-bitcoin-donation-to-donald-trump/" target="_blank" rel="noopener noreferrer nofollow">Gary Cardone</a> revealed that he donated 12.8 Bitcoin to Trump’s Presidential Campaign ahead of the US elections. The target is still to raise $100 million by November when the election will happen.
For now, it is getting more heated between Trump and Vice President <a href="https://coingape.com/kamala-harris-fires-back-at-trump-with-50m-election-ad-campaign/" target="_blank" rel="noopener noreferrer nofollow">Kamala Harris</a>, who President Joe Biden nominated a few weeks back. On Tuesday, Harris announced staggering $50 million advertising push ahead of the Democratic National Convention (DNC).
This marked the first significant ad campaign since Harris emerged as the likely Democratic nominee for the 2024 presidential election.
Read More: <a href="https://coingape.com/fomc-update-fed-chair-signals-september-rate-cut/" target="_blank" rel="noopener noreferrer nofollow">FOMC Update: Fed Chair Signals September Rate Cut</a>
The post <a href="https://coingape.com/ex-paypal-exec-david-marcus-pledges-support-to-donald-trump/" rel="noopener noreferrer nofollow">Ex-PayPal Exec David Marcus Pledges Support To Donald Trump</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Ex-PayPal Exec David Marcus Pledges Support To Donald Trump

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