Who are the crypto PACs backing?
Crypto PACs are political action committees that primarily back candidates who support the crypto industry. During the 2024 U.S. elections, these PACs have spent significant funds, with the majority of the money going to super PACs working to elect pro-crypto candidates. Key players in the crypto industry, such as Coinbase and Ripple, have accounted for a large portion of these donations.
What backs a Bitcoin?
I want to know what backs the value of Bitcoin. Is it backed by any asset or commodity, or is it just based on people's trust and adoption?
Who is backing oasis?
I'm curious to know who is supporting or backing Oasis. Could it be a well-known investor, a powerful corporation, or maybe even the government? I'd like to understand the forces behind this entity.
What is backing crypto currency?
I'm trying to understand the concept behind crypto currency. Specifically, I want to know what is supporting or backing these digital currencies. Are they backed by any asset or is it just based on people's trust in the technology?
What is backing the U.S. dollar?
I don't understand this question. Could you please assist me in answering it?