Gates Drops Major Dough
Dude, Bill Gates just dropped a whopping $50 million into Kamala Harris’s campaign through Future Forward, a non-profit. Like, that’s huge! Gates usually keeps his political moves under wraps, so this hits hard. The guy’s real worried about a potential Trump comeback. He thinks that would mess with crucial stuff like family planning and global health programs. His foundation cares about that, man.
According to the New York Times, Gates said, “This election is different.” He’s all in for candidates who want to tackle healthcare, poverty, and climate change. Let’s be real, those are massive issues that need attention. But here’s the kicker: his donation won’t even show up on public records since it goes through a ‘dark money’ group. Shady, right?
Crypto Impact
Alright, now there’s also some buzz in the crypto scene. With crypto blowing up in conversation, candidates like Harris wanna adjust their economic policies, even looking at regulations for digital currency. While Gates usually plays it cautious about crypto, he’s noted its potential to help folks without a bank account. That totally aligns with his goals to help vulnerable populations.
With the election heating up, Gates’s cash move might shift the way candidates mess with tech and finance, especially in the crypto world. If Gates and Jamie Dimon, the JPMorgan Chase CEO, back Harris, it could change the game for cryptocurrency. These big players’ support might lead to clearer regulations and increased acceptance of cryptocurrencies like Bitcoin and Ethereum. But hold up! Stricter rules could also put the brakes on growth in this space.
Harris is pulling in other big names too, like Michael Bloomberg and Taylor Swift. But don’t be fooled—just because celebs are in her corner doesn’t mean she’ll snag the votes.
The Bottom Line
So, what does this all mean? Gates’s major donation could shake things up regarding how crypto blends with American politics. While big support might boost Harris’s visibility, her policies need to hit home to win over more voters. The battle lines are drawn, and we’re all watching to see how things unfold.
Sources:
https://www.cryptotimes.io/2024/10/23/bill-gates-backs-harris-with-50m-crypto-world-reacts/
https://www.cryptonewsz.com/gates-dion-secretly-support-harris/
