"Bitcoin Caucus" co-founder Mick Mulvaney is the United States next Director of Office of Management and Budget.
President-elect Trump made a rather surprising choice when appointing Mulvaney. Until that moment, not many considered Mick Mulvaney an option. But Trump feels that Mulvaney is the right choice.
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.
Mulvaney in September. :
“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...”
The Bitcoin Community / users: NOT the biggest fans of the Federal Reserve. Many feel the Fed is the cause of all evil in the US economy. Mick Mulvaney feels the same
In fact, it was recently stated that the Federal Reserve has “effectively devalued the US Dollar”. To put this in perspective, the US Dollar, and Euro have almost reached parity - a big decline for the $ USD , despite its overall positive trending through 2016. If both currencies reach parity, things could get out of hand across the financial markets rather quickly.
Mulvaney went on by stating how the Fed has “choked off economic growth”.
If you see how interest rates were upped twice in a year, that's a rather unusual statement. Then again, the financial system is filled with manipulation, and growth or decline is only a matter of political agendas in general. Insert comment here about the Federal Reserve and the Globalists connected to it once again.
Canada has similar issues and there is a group of Canadians suing their Federal Government to wrestle BACK control of the country's money supply from private banking interests like the US has - and restore it to the hands of the people. I am one of the dues paying members of that group actually. Visit www.COMER.org for more info. It is similar to "End The Fed' in the USA. If you type in something like Barry Dutton COMER you will find some of my updates.
But wait! There's more.... During Mulvaney’s speech to the John Birch Society chapter, he also praised Bitcoin for its “immutability”. He went on to explain how Bitcoin etc. cannot be manipulated by government. That's strong wording that we would not really expect from the next US President’s budget chief.
It's clear for anyone connected at all to Crypto / Blockchain / Bitcoin related tech to see Mick Mulvaney may be the most interesting addition to Team Trump’s staff so far. Having a pro-Bitcoin personality close to the POTUS paints an exciting future.
I am not one to predict a lot but I believe this signals the Rise.... and Rise of Bitcoin (great movie online by that name, pun intended where I first heard of Roger Ver / @rogerkver ) -value and all related Blockchain tech. Today is Dec. 20th 2016. Bitcoin is valued at $792 USD as I write this and has been increasing over the months. In Canada Bitcoin today is trading at about $1065 CAD having hit the $1k mark for the first time a couple months ago and I wrote about that the week of Nov. 18th, 2016 here:
https://steemit.com/bitcoin/@barrydutton/bitcoin-hits-the-usd1000-mark-usdcad-short-form-post
It's hard to say what this will do for the status of the cryptocurrency / blockchain space.... but no matter what- 2017 is shaping up to be a big big year for the Bitcoin and blockchain / crypto space!
Thanks for reading. A regular guy in pursuit of true Liberty like many of you.
-- Barry Dutton.
Image sources:
mulvaney.house.gov/sites/mulvaney.house.gov/themes/ten_mulvaney/logo.png
pbs.twimg.com/media/CxE4CXcXAAAmN2u.jpg
Main image via CoinTelegraph.com - image address would not paste directly into article.
Hello @barrydutton,
Your post has been chosen by the communities of SteemTrail as one of our top picks today.
What do you love to write about? Join us on SteemTrail today and find others who share your interest!
The SteemTrail Community looks forward to more great stuff from you. So, please keep up the great work!
Keep on Steemin!
Awesome, thanks!!! This is big news for everyone!
As a new person to Steemit and Bitcoin I don't fully get all you say but I am learning and it sounds positive.
Steem On! We are all learning together! TY for commenting, if you like this -- just Resteem it and share it. It all spreads the word.
I think this is great news for the community. I know a lot of people are a little nervous about the future of cryptocurrency under the Trump Administration. It's nice to see some pro cryptocurrency people around him.
Agreed on all fronts!
Trump for president!
Oh wait :)
And we are in just the right position to ride the crest of the wave...
Steeming on!
amen! TY for commenting
This is amazing news Barry! Thank you for the update.
You are welcome. There is not much I can offer to people in this crypto space but I do what I can. This is YUGE news lol
Wonderful news! I'm not sure what the cartoon is saying though. The two mexicans are running for the hills but which hills? They are on the same side of the border as Trump apparently.
Also note that the mexicans have much to gain here as well. Trump may find it hard to tax those remittances.
I noticed and wondered similarly.
Shared on twitter
Disclaimer: I am just a bot trying to be helpful.
It got out on twitter earlier too, @ned the founder RT it when I sent this to him. This is pretty neat!
Awesome, thanks!!! This is big news for everyone!
I think it's important to keep in mind that we are seeing a rise in bitcoin but not to forget that you pretty much have to buy bitcoin in order to buy other cryptocurrencies like Steemit. Hopefully we will see huge volume movement in Bitcoin as people try to protect their stores of wealth inside cryptocurrencies. I think it bodes very well...even though it might be largely speculative. Just look at bitcoin's value in India...higher % than Canada because people are using it to protect their wealth already.
Great points, thanks RR.
It's strange what happened today with bitcoin breaking the $800 US per unit price point, yet no change to the buying volume....I have no answers for this.
I was out all day dealing with some issues so I could not focus on any news or thinking much about anything else today but when a sharp cookie like you says that, well I feel all
I'm just watching what's going on and trying to understand why...I'm not having much luck. LoL
Great news.
Overall, I have been impressed with Trump's Cabinet selections.
This is another solid choice.
Resteemed
TY for the Resteem, I worked hard on this one and there is not a lot of coverage of this at all, TBH. Big news.
Yes it is. For my part, that he selected someone who questions the role of the Federal Reserve is even more important than the support for blockchain tech
I know, when I was researching this today, I could not believe both were happening, honestly. big news.
Hi, @barrydutton, You said:
"True Liberty" and rulers have nothing in common... thus says myself, anarchist that I am. ;)
Having said that, Thanks for bringing this to my attention. I do observe from a distance and applaud any apparent "moves in the right direction."😄😇😄
Thanks again --- nobody is talking about this and @ned RT this when I sent it to him this aft on twitter
I understand that but we are also living with policy decisions and or other things daily we may all agree or disagree with - and this WILL impact the blockchain community as such, that is the point of this article.
Please don't misunderstand me - I truly do appreciate your bringing this to my attention; I do understand that this will affect all of us - hopefully positively! i.e., I get your point! :)
It's just that I direct my personal energies towards bringing value into the world and away from the coercive and immoral political arena, and (sometimes very ineptly) try to encourage others to do the same. ;)
Thank You, Barry, sincerely, for your service to the Steemit community!
I have been leaned on heavily as a truth speaking activist for nearly 7 years now, I am aware of what you speak LOL.
TY sir. Steem On!
This is huge, thanks!
NP. Giver a resteem and keep this moving in the feeds, nobody is talking about this and @ned RT this when I sent it to him this aft on twitter
Great post, didn't know any of this happening. I guess there are some positives to trump after all.
Remain even keel with it all.......... but this is YUGE news for a lot of reasons eh? @dan and @ned both supported this post I see and Ned RT this when I sent it to him -- I could not believe nobody was writing about this news anywhere at all today online!
We steem on!
What does that mean?
Yeah it is very interesting new. Oh yeah, hadn't noticed that until you said that. Good eye that you saw this and wrote about. It gives a positive to the other stupid stuff he does and says :p
Steem on indeed!
I edited my comment awhile ago -- even keel. I hope this article and news helps a zillion people, that's why I wrote this and if I was in a better position re the car running me over --- I would be able to act myself on this and position myself better.
So I hope it helps a ton of people and gets the word out.
Ahhhh ok, It will definitely help out a lot of people. Thing happen, you must learn to let go of that moment. Have you written about that experience yet? How would you act on it i you could? You can still invest in BTC, right? BTW BTC spiked in price today by hitting 829$
Yeah it is good info, thanks for the update ^_^
It's hard to let go of something when every area of my life is being affected and all of the publicly paid agencies are burying my file.
I only recently started talking about it here. I did not feel comfortable about it and only do it in a handful of places I feel comfortable.
I will not be writing about it really, I speak in general terms if it comes up or I can relate in someone's post on something.
It is hard when the agencies are by their nonfeasance and or malfeasance -- are causing me to to be drained physically, financially, spiritually and emotionally. There is nothing left for me to invest, I cannot pay bills or hardly find food money. After years of supporting and helping others.
I have realized I have little to no support, really nobody cares, and I am being marginalized by the system I paid into for years and one I have questioned since I woke up and done so publicly.
Discussing it a bit quietly here and there IS how I am trying to let go and deal. Most people cannot relate and I pray nothing similar happens to you -- or them. Ever.
This is definitely worth keeping an eye on! Thank you for posting and sharing.
Very interesting news! Maybe that explains the Bitcoin spike, up to $801 at the moment: http://coinmarketcap.com/
A likely factor if not just a big co-factor, good for posting that info -- Thanks!
There's are possibilities that bitcoin price will increase and reach a $1000 or more when the new director of budget will take his seat.
One person here stated there was a BTC spike today. Comments above. Likely related I said.
Yeah probably.
Regardless of how people feel about Mr. Trump, this is going to make for an interesting administration. Thank you for sharing. Upvoted and resteemed.
Great feedback and TY very much for that!
Fantastic News!
Great I know!
This is pretty incredible!! Thanks for sharing, Barry!
Thanks for commenting Sara, YUGE news lol
Very positive news fantastic.
This is very interesting news @barrydutton - quite exciting actually!
I'm very glad to be part of Steemit in these interesting times. Perhaps this is a sign for positive things to come!
Things are interesting, to say the least, TY for commenting
Unrelated - Gave you a shoutout here -- the blog post is up on the TIYM video I put out with @winstonwolfe's blessing
https://steemit.com/steemit/@barrydutton/steemit-community-video-featuring-members-is-out-see-below-for-this-is-your-moment-and-consider-re-steeming-to-spread-the-word
Im happy for this news.Finally a realy good decision.thank you for this post.regards
You are welcome, TY for commenting
Sorry missed this earlier. This is great news. I've RS and also tweeted it.
Awesome! TY for commenting brother. Have a good night
Thanks you too:)