A new pro-crypto PAC, Crypto For Us PAC, has launched ahead of former President Donald Trump’s anticipated speech at the 2024 Bitcoin conference in Nashville. This development underscores the growing influence of cryptocurrency in mainstream political discussions during this pivotal election year.
Crypto For Us PAC was founded by Jeff Turner, a tech veteran with over 40 years of experience. The PAC aims to support candidates who advocate for tech-friendly policies and the protection of digital asset rights. Turner noted that while cryptocurrency holders are a minority, their numbers are growing, and it is important for them to have strong representation in politics.
Turner emphasized that the PAC is non-partisan and seeks to back candidates who support individual freedoms and innovative capitalism. He pointed to recent incidents, such as the request for MetaMask developers to reveal their identities and controversies surrounding PayPal’s policies on misinformation, as examples of why safeguarding digital privacy and property rights is crucial.
The PAC also advocates for a decentralized approach to storing personal information, particularly in light of concerns over centralized systems like the REAL ID Program. Turner believes that financial privacy is essential for democracy and open societies.
Trump is expected to address topics related to crypto self-custody and financial privacy at the conference. Turner sees this as part of a broader cultural and political shift towards embracing new systems of capitalism.
Independent presidential candidate Robert F. Kennedy Jr., who supports Bitcoin campaign donations, is also expected to speak at the conference. Despite initial speculation, Vice President Kamala Harris will not attend.
Turner, who has been involved in the crypto industry since 2012, envisions a future where crypto-capitalism plays a significant role in the U.S. economy, particularly with advancements in artificial intelligence. He has observed a trend of tech companies moving to countries like the UAE, Singapore, and Switzerland and believes that embracing decentralized technology is essential for the future of Silicon Valley and the U.S. tech industry.
Turner aims to promote a positive focus on technology that enhances freedom and sovereignty while addressing the shortcomings of the current financial system.
