David Marcus, former PayPal president and current Lightspark CEO, announced his endorsement of former President Donald Trump for re-election. In a dramatic X post, Marcus shared his shift to the Republican Party, revealing that his realizations began in 2019 during Meta’s Libra project.
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…
Marcus stated he found Republicans more aligned with understanding and supporting innovation, particularly in crypto. He criticized the Democrats for focusing on government control and a weaponized DEI agenda. Marcus emphasized the need for a pro-innovation President who supports business, Bitcoin, and core American values.
Trump Vows to Make US the Crypto Capital
Trump recently pledged at the Bitcoin 2024 conference to make the US the world’s crypto capital if re-elected. He promised supportive regulations and the removal of SEC Chair Gary Gensler. Prominent figures like Elon Musk and the Winklevoss twins have also backed Trump for 2024.
