The Chief Executive Officer of Lightspark, a payment protocol built on Bitcoin, is David Marcus and he has been a known Democrat party supporter for many years.
'I FINALLY BROKE FREE': The former president of PayPal David Marcus says he has switched to the Republican Party after being "trapped in a mental framework." See his full statement: https://t.co/9rPF1G1XQ1 pic.twitter.com/gZLS8DBGNC
— FOX Business (@FoxBusiness) August 1, 2024
The tech entrepreneur, who co-founded PayPal and recently headed up Messenger at Meta, announced he was “crossing the Rubicon and backing the Republican Party” as well as the campaign of former President Donald Trump.
In his lengthy post, Marcus cites an “eye-opening process of disenchantment, zero-basing lifelong beliefs, and rebuilding” in order to reach his ultimate conclusion.
For Marcus, “we need a President who is unequivocally pro-Bitcoin.”
Despite being considered an apolitical phenomenon, crypto and Bitcoin became crucial in the political conversation. It is a significant issue for voters and could influence the election outcome as voters seek a more friendly agenda. More at Forbes
Other industry figures, such as BTC Inc. (BitCoin) CEO David Bailey, have already sided with Trump.
The apolitical era seems to be over, and for some crypto advocates, the Republican plans for the industry are compelling.
I am crossing the Rubicon and backing the Republican Party and President Trump.
— David Marcus (@davidmarcus) July 31, 2024
Many — including a former version of myself — get trapped in a mental framework that becomes their identity and prevents them from radically evolving their thinking with new facts and information. I…