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Bitcoin in AfD's Election Program: A Bold Libertarian Gamble Inspired by Trump

01.12.2024 307 times read 0 Comments

Bitcoin in the AfD Election Program: A Strategic Move?

The Berliner Zeitung reports that Bitcoin has found its way into the election program of Germany's right-wing party, Alternative für Deutschland (AfD). The party is taking cues from former U.S. President Donald Trump by advocating for "libertarian freedom" through cryptocurrency adoption. In a draft sent to members, Bitcoin is praised as fulfilling most monetary functions and being a worthy competitor among currencies. Peter Boehringer, deputy federal spokesperson for the AfD, emphasized their long-standing support since 2015 for non-inflationary money like Bitcoin.

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This move has sparked excitement within the crypto community but also criticism from political figures such as Joana Cotar, who claims her previous deregulation proposal was rejected by the same faction now promoting it. As reported on Berliner Zeitung.

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Challenges Ahead for Middle-Class Investors in Bitcoin

A report from finanzen.net highlights concerns about accessibility to Bitcoin investments for middle-class investors due to rising prices and market dynamics. Financial expert Robert Kiyosaki warns that with Bitcoin nearing $100,000 per coin, this might be one of the last opportunities for average investors to benefit before only wealthy individuals can afford significant stakes.

Kiyosaki emphasizes diversifying away from fiat currencies towards assets like gold and cryptocurrencies as protection against inflationary pressures on traditional savings methods. His insights suggest an impending shift where those holding tangible assets could see substantial gains compared to those relying solely on cash reserves or conventional financial instruments.
(Source: finanzen.net)

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The Countdown Begins: Anticipating a New High For Bitcoin

DER AKTIONÄR discusses how close yet challenging it remains for Bitcoin to break past its psychological barrier of $100k despite recent surges following setbacks like FTX’s collapse two years ago which saw values plummet drastically downwards initially reaching lows around just over fifteen thousand dollars back then!

Now rebounding significantly higher than ever expected previously predicted levels thanks largely attributed partly due increased institutional interest alongside retail participation alike driving demand upwards exponentially once again proving resilience amidst adversity time after another!
(Read more at DER AKTIONÄR)

Tesla & Musk's Gamble On Crypto And Politics

An article published by t-online - Finanzen delves into Elon Musk’s strategic alignment with Trump's presidency impacting both Tesla stocks along with Bitcoin’s meteoric rise post-election period seeing massive inflows of capital across the board, especially via ETF channels further fueling speculative fervor surrounding the digital currency space globally.

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Article Summary

The AfD's inclusion of Bitcoin in its election program, inspired by Trump's libertarian ideals, has stirred both excitement and criticism within the crypto community. Meanwhile, financial experts warn that rising Bitcoin prices may soon limit access for middle-class investors, urging diversification into assets like gold and cryptocurrencies to hedge against inflation.

The Best Bitcoin Mining Providers at a Glance

» Infinity Hash

From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.

Comparison of the best Bitcoin mining providers
We’ve compiled an overview of the best Bitcoin mining providers. Find out now how you can earn Bitcoin every day.
Find out more now
Anzeige

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