BREAKING: Trump appoints Pro-Blockchain + Crypto advocate for Budget Chief who also despises the Federal Reserve!

8 months ago
71 in blockchain

"Bitcoin Caucus" co-founder Mick Mulvaney is the United States next Director of Office of Management and Budget.

President-elect Trump made a rather surprising choice when appointing Mulvaney. Until that moment, not many considered Mick Mulvaney an option. But Trump feels that Mulvaney is the right choice.

Of note: Mulvaney is not a big fan of the Federal Reserve, and is Very Pro-Bitcoin.

This will echo in a large way with the Crypto / Bitcoin and Blockchain community!


https://mulvaney.house.gov/media-center/articles-op-eds/sc-republican-among-founders-congressional-bitcoin-caucus


Late yesterday, (Dec. 19th, 2016) - Trump tapped Congressman Mick Mulvaney, Tea Party Republican, as his administration’s Director of Office of Management and Budget. He's a hardline fiscal conservative wanting to drastically cut federal spending on social programs.

This past September he was a founding member of the bipartisan Blockchain Caucus, aka the "Bitcoin Caucus" : Meant to help congress remain current on crypto / blockchain technologies / currency, & develop policies to advance them.

Mulvaney also supports Coin Center, a non-profit research / advocacy center focused on public policy issues in the crypto space. It raised over $1 M this year.


Mulvaney in September. :

“Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy and the delivery of government services, and I am proud to be involved with this initiative...”


The Bitcoin Community / users: NOT the biggest fans of the Federal Reserve. Many feel the Fed is the cause of all evil in the US economy. Mick Mulvaney feels the same

In fact, it was recently stated that the Federal Reserve has “effectively devalued the US Dollar”. To put this in perspective, the US Dollar, and Euro have almost reached parity - a big decline for the $ USD , despite its overall positive trending through 2016. If both currencies reach parity, things could get out of hand across the financial markets rather quickly.

Mulvaney went on by stating how the Fed has “choked off economic growth”.

If you see how interest rates were upped twice in a year, that's a rather unusual statement. Then again, the financial system is filled with manipulation, and growth or decline is only a matter of political agendas in general. Insert comment here about the Federal Reserve and the Globalists connected to it once again.


Canada has similar issues and there is a group of Canadians suing their Federal Government to wrestle BACK control of the country's money supply from private banking interests like the US has - and restore it to the hands of the people. I am one of the dues paying members of that group actually. Visit www.COMER.org for more info. It is similar to "End The Fed' in the USA. If you type in something like Barry Dutton COMER you will find some of my updates.


But wait! There's more.... During Mulvaney’s speech to the John Birch Society chapter, he also praised Bitcoin for its “immutability”. He went on to explain how Bitcoin etc. cannot be manipulated by government. That's strong wording that we would not really expect from the next US President’s budget chief.

It's clear for anyone connected at all to Crypto / Blockchain / Bitcoin related tech to see Mick Mulvaney may be the most interesting addition to Team Trump’s staff so far. Having a pro-Bitcoin personality close to the POTUS paints an exciting future.


I am not one to predict a lot but I believe this signals the Rise.... and Rise of Bitcoin (great movie online by that name, pun intended where I first heard of Roger Ver / @rogerkver ) -value and all related Blockchain tech. Today is Dec. 20th 2016. Bitcoin is valued at $792 USD as I write this and has been increasing over the months. In Canada Bitcoin today is trading at about $1065 CAD having hit the $1k mark for the first time a couple months ago and I wrote about that the week of Nov. 18th, 2016 here:

https://steemit.com/bitcoin/@barrydutton/bitcoin-hits-the-usd1000-mark-usdcad-short-form-post


It's hard to say what this will do for the status of the cryptocurrency / blockchain space.... but no matter what- 2017 is shaping up to be a big big year for the Bitcoin and blockchain / crypto space!

Thanks for reading. A regular guy in pursuit of true Liberty like many of you.

-- Barry Dutton.









Image sources:

mulvaney.house.gov/sites/mulvaney.house.gov/themes/ten_mulvaney/logo.png
pbs.twimg.com/media/CxE4CXcXAAAmN2u.jpg

Main image via CoinTelegraph.com - image address would not paste directly into article.

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Sort Order:  trending
73
  ·  8 months ago

Hello @barrydutton,

Your post has been chosen by the communities of SteemTrail as one of our top picks today.

What do you love to write about? Join us on SteemTrail today and find others who share your interest!

The SteemTrail Community looks forward to more great stuff from you. So, please keep up the great work!

Keep on Steemin!

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71
  ·  8 months ago

Awesome, thanks!!! This is big news for everyone!

63
  ·  8 months ago

Very interesting news! Maybe that explains the Bitcoin spike, up to $801 at the moment: http://coinmarketcap.com/

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71
  ·  8 months ago

A likely factor if not just a big co-factor, good for posting that info -- Thanks!

66
  ·  8 months ago

And we are in just the right position to ride the crest of the wave...
Steeming on!

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71
  ·  8 months ago

amen! TY for commenting

62
  ·  8 months ago

As a new person to Steemit and Bitcoin I don't fully get all you say but I am learning and it sounds positive.

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71
  ·  8 months ago

Steem On! We are all learning together! TY for commenting, if you like this -- just Resteem it and share it. It all spreads the word.

69
  ·  8 months ago

Hi, @barrydutton, You said:

"A regular guy in pursuit of true Liberty like many of you."

"True Liberty" and rulers have nothing in common... thus says myself, anarchist that I am. ;)

Having said that, Thanks for bringing this to my attention. I do observe from a distance and applaud any apparent "moves in the right direction."😄😇😄

@creatr

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71
  ·  8 months ago

I understand that but we are also living with policy decisions and or other things daily we may all agree or disagree with - and this WILL impact the blockchain community as such, that is the point of this article.

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69
  ·  8 months ago

Please don't misunderstand me - I truly do appreciate your bringing this to my attention; I do understand that this will affect all of us - hopefully positively! i.e., I get your point! :)

It's just that I direct my personal energies towards bringing value into the world and away from the coercive and immoral political arena, and (sometimes very ineptly) try to encourage others to do the same. ;)

Thank You, Barry, sincerely, for your service to the Steemit community!

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71
  ·  8 months ago

I have been leaned on heavily as a truth speaking activist for nearly 7 years now, I am aware of what you speak LOL.

TY sir. Steem On!

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71
  ·  8 months ago

Thanks again --- nobody is talking about this and @ned RT this when I sent it to him this aft on twitter

66
  ·  8 months ago

This is huge, thanks!

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71
  ·  8 months ago

NP. Giver a resteem and keep this moving in the feeds, nobody is talking about this and @ned RT this when I sent it to him this aft on twitter

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55
  ·  8 months ago

Steem_Land Steem_Land tweeted @ 20 Dec 2016 - 23:00 UTC

BREAKING: Trump appoints Pro-Blockchain + Crypto advocate for Budget Chief who also despises the Federal Reserve!
steemit.com/blockchain/@ba…

Disclaimer: I am just a bot trying to be helpful.
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71
  ·  8 months ago

It got out on twitter earlier too, @ned the founder RT it when I sent this to him. This is pretty neat!

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71
  ·  8 months ago

Awesome, thanks!!! This is big news for everyone!

65
  ·  8 months ago

Great post, didn't know any of this happening. I guess there are some positives to trump after all.

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71
  ·  8 months ago

Remain even keel with it all.......... but this is YUGE news for a lot of reasons eh? @dan and @ned both supported this post I see and Ned RT this when I sent it to him -- I could not believe nobody was writing about this news anywhere at all today online!

We steem on!

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65
  ·  8 months ago

Remain even keep with it all......

What does that mean?
Yeah it is very interesting new. Oh yeah, hadn't noticed that until you said that. Good eye that you saw this and wrote about. It gives a positive to the other stupid stuff he does and says :p

Steem on indeed!

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71
  ·  8 months ago

I edited my comment awhile ago -- even keel. I hope this article and news helps a zillion people, that's why I wrote this and if I was in a better position re the car running me over --- I would be able to act myself on this and position myself better.

So I hope it helps a ton of people and gets the word out.

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65
  ·  8 months ago

Ahhhh ok, It will definitely help out a lot of people. Thing happen, you must learn to let go of that moment. Have you written about that experience yet? How would you act on it i you could? You can still invest in BTC, right? BTW BTC spiked in price today by hitting 829$

Yeah it is good info, thanks for the update ^_^

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71
  ·  8 months ago

It's hard to let go of something when every area of my life is being affected and all of the publicly paid agencies are burying my file.

I only recently started talking about it here. I did not feel comfortable about it and only do it in a handful of places I feel comfortable.

I will not be writing about it really, I speak in general terms if it comes up or I can relate in someone's post on something.

It is hard when the agencies are by their nonfeasance and or malfeasance -- are causing me to to be drained physically, financially, spiritually and emotionally. There is nothing left for me to invest, I cannot pay bills or hardly find food money. After years of supporting and helping others.

I have realized I have little to no support, really nobody cares, and I am being marginalized by the system I paid into for years and one I have questioned since I woke up and done so publicly.

Discussing it a bit quietly here and there IS how I am trying to let go and deal. Most people cannot relate and I pray nothing similar happens to you -- or them. Ever.

58
  ·  8 months ago

I think this is great news for the community. I know a lot of people are a little nervous about the future of cryptocurrency under the Trump Administration. It's nice to see some pro cryptocurrency people around him.

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71
  ·  8 months ago

Agreed on all fronts!

73
  ·  8 months ago

This is amazing news Barry! Thank you for the update.

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71
  ·  8 months ago

You are welcome. There is not much I can offer to people in this crypto space but I do what I can. This is YUGE news lol

59
  ·  8 months ago

This is definitely worth keeping an eye on! Thank you for posting and sharing.
Imgur

66
  ·  8 months ago

Great news.

Overall, I have been impressed with Trump's Cabinet selections.

This is another solid choice.

Resteemed

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71
  ·  8 months ago

TY for the Resteem, I worked hard on this one and there is not a lot of coverage of this at all, TBH. Big news.

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66
  ·  8 months ago

Yes it is. For my part, that he selected someone who questions the role of the Federal Reserve is even more important than the support for blockchain tech

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71
  ·  8 months ago

I know, when I was researching this today, I could not believe both were happening, honestly. big news.

73
  ·  8 months ago

Trump for president!

Oh wait :)

69
  ·  8 months ago

There's are possibilities that bitcoin price will increase and reach a $1000 or more when the new director of budget will take his seat.

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71
  ·  8 months ago

One person here stated there was a BTC spike today. Comments above. Likely related I said.

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69
  ·  8 months ago

Yeah probably.

36
  ·  8 months ago

Wonderful news! I'm not sure what the cartoon is saying though. The two mexicans are running for the hills but which hills? They are on the same side of the border as Trump apparently.

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36
  ·  8 months ago

Also note that the mexicans have much to gain here as well. Trump may find it hard to tax those remittances.

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71
  ·  8 months ago

I noticed and wondered similarly.

59
  ·  8 months ago

Regardless of how people feel about Mr. Trump, this is going to make for an interesting administration. Thank you for sharing. Upvoted and resteemed.

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71
  ·  8 months ago

Great feedback and TY very much for that!

67
  ·  8 months ago

I think it's important to keep in mind that we are seeing a rise in bitcoin but not to forget that you pretty much have to buy bitcoin in order to buy other cryptocurrencies like Steemit. Hopefully we will see huge volume movement in Bitcoin as people try to protect their stores of wealth inside cryptocurrencies. I think it bodes very well...even though it might be largely speculative. Just look at bitcoin's value in India...higher % than Canada because people are using it to protect their wealth already.

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71
  ·  8 months ago

Great points, thanks RR.

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67
  ·  8 months ago

It's strange what happened today with bitcoin breaking the $800 US per unit price point, yet no change to the buying volume....I have no answers for this.

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71
  ·  8 months ago

I was out all day dealing with some issues so I could not focus on any news or thinking much about anything else today but when a sharp cookie like you says that, well I feel all

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67
  ·  8 months ago

I'm just watching what's going on and trying to understand why...I'm not having much luck. LoL

65
  ·  8 months ago

Fantastic News!

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71
  ·  8 months ago

Great I know!

69
  ·  8 months ago

This is pretty incredible!! Thanks for sharing, Barry!

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71
  ·  8 months ago

Thanks for commenting Sara, YUGE news lol

54
  ·  8 months ago

Very positive news fantastic.

69
  ·  8 months ago

This is very interesting news @barrydutton - quite exciting actually!
I'm very glad to be part of Steemit in these interesting times. Perhaps this is a sign for positive things to come!

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71
  ·  8 months ago

Things are interesting, to say the least, TY for commenting

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67
  ·  8 months ago

Im happy for this news.Finally a realy good decision.thank you for this post.regards

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71
  ·  8 months ago

You are welcome, TY for commenting

74
  ·  8 months ago

Sorry missed this earlier. This is great news. I've RS and also tweeted it.

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71
  ·  8 months ago

Awesome! TY for commenting brother. Have a good night

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74
  ·  8 months ago

Thanks you too:)