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On June 21, 2024, Gemini co -founder Tyler Winklevoss and Cameron Winklevoss donated $ 1 million (15.47 BTC) to the Trump campaign team, and publicly stated that he would vote in the November US election in the US election in NovemberSupport Trump.
Tyler Winklevoss also issued a long -term scolding the Bayeng government’s encryption policy and why it supports Trump.
Cameron Winklevoss and I just donated $ 1 million (15.47 Bitcoin) to Donald Trump, and will vote in November to support him.
The reason is as follows:
Over the past few years, the Biden government has publicly declared war on cryptocurrencies.It has weapons multiple government agencies to bully, harass and sue our outstanding participants in the industry to try to destroy it.The actions of the current government are tantamount to unprecedented abuse of power. They are exactly for distorting political interests. They are completely at the expense of innovation, the US taxpayer and the US economy.The Biden government cannot do or say nothing to pretend to be.
Some of the dark points of the Biden government include:
Weapize the banking system and fight against cryptocurrency companies and their leaders
This is commonly known as “throat operation 2.0”.OCC (the federal agencies responsible for permission and regulating the national bank) and FDIC (federal institutions providing deposit insurance for banks) provide “guidance” behind the scenes and instruct banks not to provide banking services for cryptocurrency companies.Any bank that does not obey the command will be threatened.
The dialogue is as follows: “The bank you opened is very good. If what happened to some cryptocurrency companies with bank services, it would be regrettable.” If this strategy is not enough to scare a bank,Then the reviewer will be sent to make everything overwhelming.This will almost lead to some “discovery” -the telling me that this bank will tell you its crimes -leading to huge fines or new regulatory rules and conditions, weakening the bank’s operating ability.The risk is too big.Banks can choose not to provide banking services for cryptocurrency companies, and they can also allow banks to make choices for them.
These institutions have God models for banks because they can revoke bank licenses or federal deposit insurance companies (FDIC) deposit insurance at any time on the grounds of “security and stability”.That’s why they can act like the characters in “Godfather” and intimidate the bank to give up any customer or customer base they want.This completely legal but unpopular industry was banks’ banking in the period of the Obama administration. At that time, President Joe Biden served as Vice President.At that time, it was called “throat 1.0” and was a well -checked stain during the term of President Obama.The Biden government has re -enabled this strategy and crack down on the cryptocurrency industry at full speed.
The scope of crackdown has expanded from cryptocurrency to individuals working in the cryptocurrency industry.I personally lost multiple bank accountsBecause I have cryptocurrencies, my investment company Winklevoss Capital.
SEC’s weapon for cryptocurrencies
The SEC of the Biden government has not yet formulated any rules for the encryption industry to help any participants understand how to cope with the regulatory environment of this new asset paradigm.This is the design.
By formulating any new rules for encryption, the SEC can dishonent the existing rules -based on the 1946 Supreme Court’s ruling on a citrus garden in Florida.Published a year ago -suitable for purpose.But this is not the case.
For example.If ETH is a securities (this is a suspended problem 48 hours ago), then if you will send ETH to friends’ smartphones from your smartphone, then you will violate the securities law.Why?Because only the brokerage business is allowed to be transferred to securities.And it can only transfer securities to another broker.From this example alone, anyone can understand that cryptocurrencies like ETH are classified as how securities weaken their utility and destroy their ability to open a decentralized future.This is like asking cars to perform like horses.However, this is the position of almost all cryptocurrencies.It is not because it does not understand the consequences, but because it does understand.This is exactly what it wants.Destroy cryptocurrencies.
By adopting almost every cryptocurrency is a ridiculous position of securities, the SEC of Biden’s government provided himself with the rationality and fully commission of the rationality of any cryptocurrency projects and companies in the United States.The game is simple.Make observance of regulations impossible, and then sue all those who do not comply with the regulations.This is exactly what the Bayeng government SEC has repeatedly done in the field.SEC will not formulate rules for cryptocurrency -this can be completed within a few days -and a few years later, judges and jury will formulate rules. They believe that the behavior of the Securities and Exchange Commission is malicious and has always been wrong.Time and economic waste will be huge.Damage is caused.But this is the key.
The Biden government polluted the mission of these institutions and destroyed their integrity.They were all led by non -civilian bureaucrats appointed by President Biden to execute his order.The moral standards of these officials are political interests, and their higher mission is political power.Congress has never awarded them to decide the legal power of the encryption industry or any other legal industries in the United States, and they are not eligible to act as the gatekeeper of my country’s economic life.This is the role of the market.
However, the encryption industry is not the only industry that has been treated like this
The Biden government has been attacking American companies and demonized its greatest hero.Crime is always successful, rewards are always ridicule, fines, and even more prosperous festivals.But it is clear that the Biden government does not completely hate success.They only hate those successful success.Once you figure out how to confiscate or coerces these assets, the Bayeng government will be enthusiastic about success, manipulating or re -assigning these assets, and buying votes in a clear way.Within enough time, it is easy to see how these policies will lead to our economic and state destruction.
Capitalism has improved people.If it allows it to develop appropriately, it is the greatest wealth and prosperity creator in the world, and the only economic system that can realize all these, while maintaining the freedom and dignity of each participant.Under certain conditions -for example, anyone can set up a company, open a bank account to accept customer payment, and operate in the open market without government intervention -innovation and wealth creation will be infinitely prosperous.To remove any of the cornerstones, you will get a completely different system, and the results are completely different.This is exactly what the Biden government has done the cryptocurrency industry and many other industries in the United States.It has been disintegrating our economic lifestyle and making the United States the world’s greatest country.And it is completely for its own power, control and political ambitions.
In all capitalist experiments, the United States is the greatest.I have witnessed and experienced this situation many times.Gemini is a crypto platform founded by Cameron in 2014. From the idea of napkins, it has developed into a company that has hired thousands of employees in the past ten years and helped millions of customers get cryptocurrencies.Some employees thanked me with tears, because their work in Gemini asked them to buy a house for their families.Some customers approached me on the street and thanked me for creating Gemini because it helped them achieve financial freedom and founded their own companies.It is these experiences that give me the greatest happiness and give everything we do in Gemini.
The Biden government tried to destroy it all.I don’t know how to watch, let them do so.I will continue to fight for what I think is right.Donald Trump President is a choice of supporting Bitcoin, supporting cryptocurrencies and supporting business.This is not worthy of debate at all.Anyone who tells you that is not such a thing is seriously misleading, delusional or not telling the truth.It’s time to regain our country.It’s time for the encrypted army to send information to WashingtonEssenceAttacking us is political suicide.
This isWhy would I vote to President Trump in NovemberI hope you do this too.go ahead!