Interesting. That's a lot of speculation, one could hope it wouldn't affect the price by much, but, how much of a donation are we talking about here? What is this donation based on? and, how much of a heads up will we get before the donation is being made?
ok so maybe I should clear up some facts about what we can and cannot do legally.
Let's start with the can nots:
1. We cannot contribute more than $2700 from a single entity directly to Donald Trump's official campaign.
2. If we register as a Super PAC, we can NOT...
a. contribute even one penny directly to him or his official campaign.
b. communicate with him in any way, shape or form during the elections.
c. expect any endorsements or acknowledgements from him during the elections.
Things we CAN do:
1. Encourage anyone not directly affiliated with the Super PAC to donate up to the $2700 maximum to Donald Trump's official campaign.
2. Combine our talents, resources, and finances to indirectly support Donald Trump for President with media and grassroots campaign efforts.
3. Solicit unlimited donations to our PAC in order to help us towards our goals.
4. Buy commercials, billboards, and advertising of any kind to promote Trump for President and/or the TrumpCoin initiatives.
Why are these points important?
Because folks seem to believe that we are going to be allowed to pump the coin value up to around $5 and just give Trump a million bucks.
No. That's illegal. He cannot accept it.
I do not feel like it is sensible for a prominent public person to just sit on the funds for us (they will be constantly having to manage and document movements). I do not feel like it is sensible to lock the fund into any escrow or other long term commitment. I feel like the fund should be handled by an internal official treasury like any other PAC with publicly available ledgers and accountability and put to good use to help fund our agenda(s). yes, I am drafting a plan.
All that said, we have yet to decide definitively the true scope of our official agenda, which should be our very next step after establishing some sort of organized leadership.
Once we have more thoroughly discussed the pros and cons of Super PAC vs. donation fund, we will be able to finally commit to a direction and make a responsible decision as to how the fund should be stored, used, protected, etc.
Here is the most recent relevant post (to your question) by Signal7.
Thank you, that's really helpful. Interesting, it almost sounds like Signal7 is taking the coin in the direction of forming a superpac, that's really interesting to me. I don't know enough about superpacs and that whole aspect of the political system, but that definitely perks my interest.