Trump Advisor Intends to Push Bitcoin to $10 Million
David Bailey, Donald Trump's crypto advisor and founder of Bitcoin Magazine, plans to create a PAC (political action committee) with a budget of $200 million. Its goal is to promote Bitcoin in the United States as a strategic asset.
Among the PAC's goals:
- Bring the price of BTC to $10 million.
- Achieve the abolition of the BTC profit tax.
- Protect the right to self-preservation.
- Introduce Bitcoin education in schools.
- Allow debtor countries to pay off debts in BTC.
Experts note that using public company funds for political activities may cause lawsuits from shareholders.
