🇺🇸 Trump's Bitcoin Advisor Plans to Create a $200 Million PAC

David Bailey, an entrepreneur and Bitcoin advisor to U.S. President Donald Trump, intends to raise $200 million for a political action committee (PAC). The main goal is to promote the interests of Bitcoin in the U.S.

Bailey stated that a key priority of the PAC is to raise the price of Bitcoin to $10 million and strengthen its position for the long term.

There are also proposals being discussed to eliminate the capital gains tax on Bitcoin and to protect the right to self-custody of cryptocurrency.