On Friday it was revealed that a new bitcoin themed Super PAC has been launched to help “elect bitcoin champions.”
Basically, a Super PAC is an independent political committee that solicits donations to bolster independent political activity and help frame public policy. While Super PACs cannot donate directly to political candidates, the PAC can spend unlimited sums of money to either fight against political candidates and legislation or advocate for specific bureaucrats.
Corporations, unions, associations and individuals can donate to the Financial Freedom PAC but they cannot donate with U.S. dollars. The organization’s website discloses: “Fiat donations are currently not working. This is a feature, not a bug. Please donate bitcoin.”The fight for bitcoin in the U.S. will be a marathon, not a sprint. True to bitcoin’s ethos, this organization will operate with a low-time preference, focusing entirely on high-impact expenditures.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Pac-12 Hotline: Unchecked NIL deals could prove disastrous for Pac-12 rule-followers'Some schools want to pursue football and basketball at the highest level. Other schools think that approach is destructive.”
Lire la suite »
Campaign finance watchdog issues massive fine for foreign national’s Trump super PAC donationThe FEC fined the companies of a Canadian billionaire nearly a million dollars for a contribution to a super PAC supporting then-President Donald Trump, after the agency found “reason to believe” that the donations violated a federal law
Lire la suite »
Dragon Ball Super: Super Hero Extends Delay Amid Update on Toei Animation HackDragon Ball Super: Super Hero will continue to delay its release according to new Toei Animation update:
Lire la suite »
Nascent PAC aims to get focus back on the big issuesThe political action committee Families 4 Every Child had its launch on March 5 and held...
Lire la suite »
Billionaire fined huge penalty for funneling $1.75M to pro-Trump PACThe Federal Elections Commission brought one of it largest fines ever to a Canadian steel executive who allegedly sought to influence U.S. tariffs.
Lire la suite »