Billionaire Ripple founder has given more than $11.8 million to Harris campaign \ stacker news ~Politics_And

Billionaire Ripple founder has given more than $11.8 million to Harris campaign www.cnbc.com/2024/10/21/ripple-founder-has-given-more-than-11point8-million-to-harris-campaign.html

427 sats \ 12 comments \ @siggy47 21 Oct Politics_And_Law

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55 sats \ 1 reply \ @StillStackinAfterAllTheseYears 21 Oct

Sadly, this might help her. The anti-crypto left (which includes anti-BTC folks by definition, no matter how much we distinguish between them) aren't jumping ship, and folks who support Trump because he's "the crypto candidate" might get peeled off.

21 sats \ 0 replies \ @Arceris 21 Oct

I think it will help her a small bit. Hopefully it'll be too little, too late.

63 sats \ 1 reply \ @DarthCoin 21 Oct

0 sats \ 0 replies \ @Satosora 21 Oct

Haha this is hilarious! Put this in the meme monday darth!

64 sats \ 4 replies \ @kepford 21 Oct

This should shock no one. Ripple people are pretty much just hoping the state adopts XRP for a CBDC.

11 sats \ 3 replies \ @DEADBEEF 21 Oct

This right here. I believe Ripple was originally conceived of a being used by banks - so pretty much a CBDC.

58 sats \ 2 replies \ @DEADBEEF 21 Oct

This got me thinking and one place that could be interesting to have a CBDC would be with taxes. But instead of the government programming the money, the taxpayer would program what their taxes could be used for and the government would be force to abide by it.

Of course the government would never go for this and I have no idea how such a system would even be implemented without the CBDC being turned back on the citizens. But it is interesting to speculate how government spending would have to flip on its head to actually reflect the wishes of the people.

50 sats \ 1 reply \ @kepford 21 Oct

I've been much more effective when talking to people about the immorality of taxes when discussing how their money is used to do things they believe are immoral. And asking, why couldn't it be different? It could be.

And if no one would fund x... then how is it not just theft. Or why should y be funded? There's a reason why these types of conversations are avoided.

34 sats \ 0 replies \ @DEADBEEF 21 Oct

Absolutely! I know so much of what I pay in taxes goes towards things that I absolutely object to. It really grinds my gears. It would be so nice if there was a way to dictate with 100% certainty where I want my taxes spent.