Just In: The Trump appointment who's Pro-Blockchain + Crypto is officially now the US Budget Chief --He also despises the Federal Reserve!
Well, the news is in that longtime Bitcoin/Blockchain advocate Mick Mulvaney (R – S.C.) -became the budget Chief finally after a close vote. I blogged on this news the day it broke about 2 mths ago and many people have been following this news closely in the
money/markets/liberty/crypto spaces.
Which really if you think about it -- that covers just about EVERYTHING for EVERYONE -- EVERY DAY. Everything is linked to those things in one way or another -- either you have enough of those things or you don't.
Your food, water, incomes and health are tied to those 4 things.
- and so is the world when you consider the breadth of the US grip on world economic policy and the like.
Considering the 'State of the Union' -- WRT the pending March 11th, 2017 deadline to approve or reject the Winklevoss Twins Bitcoin ETF for the SEC decision which will impact the Crypto/Blockchain space profoundly -- this is good news.
Yesterday in a very close vote, Mulvaney's vote count on this ended up 51-49 -- the Democrats banded together on this vote against him, which of course is a show of force against the Trump regime.
Any government really, is a regime, and that is the truth.
Of note about Mulvaney's views in part:
As I wrote about this last Dec. -- Mulvaney with Jared Polis (D-Colo.) created a bi-partisan strategy called the Blockchain Caucus in September 2016, to foster an ongoing forum for implementing blockchain technology into government / law / finance. This is now led by another friend to Bitcoin/Blockchain/Crypto, David Schweikert (R-Ariz.)
He wants big changes to Medicare and raising the eligibility age for Social Security which could put him directly opposed to his Republican boss Trump, who made campaign promises that he would protect and preserve those popular programs.
Mulvaney has drawn blame by the Democrats ( & some Republicans) for leading a gov't shutdown during Obama's regime at POTUS.
His views on spending may also fiscally draw the ire of President Trump who made big promises of infrastructure spending and bolstering the police state and military -- who backed him during the recent election cycle.
Mulvaney last September and in other places has said:
“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...”
and also that the Fed (Reserve) has:
“choked off economic growth”.
Watch him discuss openly his concerns w the Federal Reserve / Federal Reserve Act Policy here -- 12 mins or so
In my article I wrote ~ Dec. 20th 2016 on this a couple months ago when the news broke and nobody was really talking about this big news I said:
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!
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.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
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Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
Interesting but I don't see it making much of an impact unless policy is enacted. I don't see the US government caring much about Bitcoin unless the ETF is approved.
so do you think it will be??
The Twins increased their stake recently, significantly, and they are not dummies, it kind of looks like they feel pretty good about it.
I've been posting my things to Linked In regularly here and there as you may know, but I cannot find them actually on my page, which is weird, right? Am I not doing something right again????
But I can find the link like you tell us to do on the Twitter and post back here @hilarski ......
https://www.linkedin.com/hp/update/6238923293953454080
https://twitter.com/BarryDutton/status/833143934956220416
Disclaimer: I am just a bot trying to be helpful.
No idea what this means lol...............
I used political rhetoric in the first line -- with regards to -- the WV Twins ETF (that is big news, easy for you to find the info on this, if you have not heard)
tied to the major US policy decision to approve their publicly traded Bitcoin Fund or not -- on 3/11.
ye....if you cannot explain it to a child, you probably shouldn't try to explain it, IMO
You are on here every day in the same community reading some of the same things I am, so I figured you would have some idea of some of this content.
I also know you are not a child.
Thanks for the comments.
and I see in the blockchain you unfollowed me after my first comment to you here -- the one where I tried to explain this quickly to you and answer your question.
Funny.
Yes I did :)
But not for any nefarious reasons
I just am too stupid to understand your content.
https://www.linkedin.com/hp/update/6238923293953454080
It will be very interesting to see what happens with BTC and who will set up roadblocks for alt coin mainstreaming.
All I can say, is you have not seen my posts over the 2 weeks (another update is due by me) -- or followed the LTC LiteCoin Segwit vote --- that is the canary in the mineshaft right now for a lot of crypto.
And especially any coin using the BTC BitCoin coding. I truly believe this.
TY for commenting. It is nice to hear from you.
Hi friend. Hope you are well :-). I agree. Litecoin will make a huge comeback soon. Upvoted and resteemed!! Check it out
https://steemit.com/steemstock/@steemstock/steemstock-logo-update-round-two
Oh and actually I was on the show This Week in Bitcoin the other nite (Friday) so that is up on YT and I did a post on it that nite where some of these were discussed, I did not think to mention it last nite here to you Meredith
Thanks everyone for the support on this post. I wanted to thank one of the Steemit founders @dan also for that vote overnite.
I am pretty sure that is the vote that not only helped this post in the #MinnowLife -- but pushed me over the edge while I was sleeping to Rep. score of 67. LOL
I really have always appreciated every vote I get on here, it sounds goofy like Hallmark Cards but it is honestly true.
I work hard on my posts not being a blogger or online guy and seeing the nice feedback really is encouraging for many of us. Truly.
I mentioned Mulvaney on @bitcoinmeister a few weeks ago. It is certainly not a bad sign!
Upvoted and resteemed.
@shayne
Good hearing from you my man.
TY for the support, it is always appreciated!
This is very encouraging and I thank you for posting. I follow you now and look forward to more of what you have to say.