Edisonalpha founder and CEO Shervin Pishevar on supporting a Trump-Vance ticket to ‘rebuild America 2.0’ and the latest military escalations in the Middle East.
As former President Donald Trump prepares for campaign appearances in front of pro-crypto and Bitcoin crowds, one tech investor and Silicon Valley insider is explaining why the Republican nominee could churn a crypto renaissance.
« President Trump and JD Vance are going to be the first crypto presidency and the first crypto administration, » Sherpa Capital and Edisonalpha founder and CEO Shervin Pishevar said on « Mornings with Maria » Tuesday, « as opposed to Biden and Harris’ activists that they’ve appointed all over the government. »
« Including in the FCC and the SEC and the FDA, » he listed, « where they’ve appointed these activists that have really hurt our economy and caused so many problems for so many innovative companies. »
Pishevar, whose venture capitalist group has helped jumpstart companies like Airbnb, Uber, GoPuff, Postmates, Slack and Robinhood, believes a Trump-Vance administration could lead the way in the cryptocurrency and tech sectors.
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« We think there’s going to be Manhattan projects for A.I., for biotech, for defense tech, and really rebuild America. 2.0, » the founder and CEO said. « And all of the smartest people, including Elon Musk, David Sacks, Ken Howery, everyone has come out for President Trump. »
Venture capitalist and Silicon Valley investor Shervin Pishevar applauded the Trump-Vance administration’s pro-crypto stance on « Mornings with Maria. » (Getty Images)
« We need innovation. We need new jobs. We need new thinking. Inflation is out of control. Fiscal policy is out of control, » he continued. « And at the same time, as we see, the world is becoming more and more dangerous under a Biden-Harris administration. »
This weekend, Trump is holding a private fundraiser for his campaign at Bitcoin 2024 in Nashville this month, and attendees will have to shell out a reported $844,600 per person for a roundtable seat at the VIP reception, which comes with a photo taken with the Republican presidential nominee. Just to attend the reception and take a snap with Trump will set donors back $60,000, or $100,000 per couple.
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Trump said in May that he would, if elected, end the « hostility » the crypto industry has faced from Biden regulators and Democrat lawmakers. Then last month, Trump offered a strong endorsement of bitcoin, claiming the cryptocurrency will help the U.S. become « energy dominant. »
The tech investor pointed out a « major shift » he’s seen in Silicon Valley leadership and their political alignment.
« If you look at Marc Andreessen and Ben Horowitz’ podcast last week when they announced that they’re endorsing President Trump and JD Vance, it was very telling, » he said.
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« These are the inventors of the internet… Our smartest minds can’t even get a meeting inside the Biden-Harris administration. This is how anti-business they have become. It’s unheard of, » Pishevar added.
« Whereas, Trump is embracing the intellectual minds and the smartest minds in our country that want to create American dynamism and secure our national security. »
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FOX Business’ Breck Dumas contributed to this report.
