Donald Trump JR Reveals The Real Reason Why His Family Ventured Into Cryptocurrencies
The post Donald Trump JR Reveals The Real Reason Why His Family Ventured Into Cryptocurrencies appeared on BitcoinEthereumNews.com. Key Insights: Donald Trump Jr. says his family invested in cryptocurrencies out of necessity after being debanked. He underscores the reason why Pennsylvania’s recent crypto bill might culminate in overreach. The Pennsylvania bill HB 1812 represents a major dilemma for the market. It’s been known for a while now that Donald Trump and his family have been involved in crypto for quite some time. Whether individually and through their stake in World Liberty Finance. What was previously not common knowledge was the reason why the Donald Trump family decided to go down that direction. That was until Donald Trump Jr. blew the lid open on what transpired before then. Donald Trump Jr. revealed during a recent CNBC interview that the decision to dive into crypto was largely driven by necessity. He stated that the family was forced to move in that direction because the Trump family was debanked when they got into politics. Trump Jr.’s comments about being debanked highlighted a major challenge with the centralization of money. Donald Trump Jr Reveals Risks of Pennsylvania HB 1812 Bill While Donald Trump Jr.’s statement uncovered the reason behind the crypto engagements, a recently proposed bill could undermine those efforts. The recently proposed Pennsylvania HB 1812 aims to ban public officials and their families from holding more than $1,000 worth of cryptocurrencies. If the bill is passed, then the Trump family might be forced to relinquish their crypto holdings and possibly their stake in World Liberty Financial. The bill was initially aimed at preventing public officials from profiting through insider information. However, it was tantamount to an overreach for Donald Trump and his family. The same could be said for individuals who risk being debanked. Cryptocurrencies represent an opportunity for such individuals to retain access to financial services if the centralized banking…
The post Donald Trump JR Reveals The Real Reason Why His Family Ventured Into Cryptocurrencies appeared on BitcoinEthereumNews.com.
Key Insights: Donald Trump Jr. says his family invested in cryptocurrencies out of necessity after being debanked. He underscores the reason why Pennsylvania’s recent crypto bill might culminate in overreach. The Pennsylvania bill HB 1812 represents a major dilemma for the market. It’s been known for a while now that Donald Trump and his family have been involved in crypto for quite some time. Whether individually and through their stake in World Liberty Finance. What was previously not common knowledge was the reason why the Donald Trump family decided to go down that direction. That was until Donald Trump Jr. blew the lid open on what transpired before then. Donald Trump Jr. revealed during a recent CNBC interview that the decision to dive into crypto was largely driven by necessity. He stated that the family was forced to move in that direction because the Trump family was debanked when they got into politics. Trump Jr.’s comments about being debanked highlighted a major challenge with the centralization of money. Donald Trump Jr Reveals Risks of Pennsylvania HB 1812 Bill While Donald Trump Jr.’s statement uncovered the reason behind the crypto engagements, a recently proposed bill could undermine those efforts. The recently proposed Pennsylvania HB 1812 aims to ban public officials and their families from holding more than $1,000 worth of cryptocurrencies. If the bill is passed, then the Trump family might be forced to relinquish their crypto holdings and possibly their stake in World Liberty Financial. The bill was initially aimed at preventing public officials from profiting through insider information. However, it was tantamount to an overreach for Donald Trump and his family. The same could be said for individuals who risk being debanked. Cryptocurrencies represent an opportunity for such individuals to retain access to financial services if the centralized banking…
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