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During the 2020 election, FTX created a perpetual contract market in a similar fashion to the crypto derivatives markets it was famous for, asking investors to bet on the outcome of the election. Should Trump have won, it would have risen to $1, and when he lost, it fell to $0. Source link
The Republican frontrunner also said that AI-powered deepfakes were a “tremendous problem.” Source link
The tokens were issued in August, and Trump’s wallet originally received $7,100 of TRUMP from the meme coin’s developers between August and October 2023. Sending tokens to a popular entity’s wallet is sometimes used as a marketing strategy by meme coin makers, as they can attract eyeballs – and buying interest. Source link
“If CBDCs are the encroachment on our civil liberties that the majority of people believe they are, we don’t have time to wait,” Samuel Armes, of the Florida Blockchain Business Association, said at the time. “At the end of the day, if the Feds want something, they’re going to try to get it. So it’s […]
Trump joins many other leading Republicans in coming out against a CBDC. Florida governor Ron DeSantis, who came second to Trump in Iowa, was the first major candidate to speak out in opposition. Vivek Ramaswamy, a Bitcoin advocate, has said “hell no” to one. Tom Emmer, the House Whip, introduced a bill in Congress to […]