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Protests and Bitcoin Concerns: Trump and Soros

Protests and Bitcoin Concerns: Trump and Soros

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by Giorgi Kostiuk

an hour ago


Recent statements by President Donald Trump regarding George and Alex Soros have garnered public attention. He accused them of funding violent protests, prompting a response from the Open Society Foundation.

Trump's Accusations Against the Soros Family

President Donald Trump recently escalated his criticism of billionaire George Soros and his son Alex. He accused them of financing violent protests across the United States, labeling their actions a threat to national stability and calling for RICO charges. Trump described the Soros family as 'radical left' and a threat to communities nationwide.

He emphasized their ties to ‘crazy, West Coast friends’ pushing the same agenda, vowing not to allow such networks to destabilize the country again.

Response from Open Society Foundations

The Open Society Foundations, established by George Soros and now chaired by Alex Soros, rejected these allegations. A spokesperson called Trump's claims 'false and outrageous.' The organization stated their mission is to promote human rights, justice, and democracy, including support for constitutional freedoms like free speech and peaceful protest.

According to the New York Post, OSF donated $4 million in 2023 to Community Change and Community Change Action, groups supporting the 'Free DC' advocacy network, which organized protests against Trump. OSF clarified that their grantees must act lawfully and commit to nonviolence.

Bitcoin and the U.S. Position in the Global Market

While Trump focuses on political unrest, critics warn he risks neglecting digital assets, stating that the United States has one of the lowest Bitcoin Per Capita (BPC) rates globally, which puts the country at a disadvantage compared to smaller nations.

Some analysts predict that El Salvador’s Bitcoin reserves could reach $1 billion by December, highlighting the significance of adopting a digital strategy for the country's future.

The situation regarding accusations against the Soros family and the discussion of the U.S. position in the Bitcoin market opens up important debates about the impact of financial and political decisions on social processes and the economy.

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