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US Lawmaker Suggests ‘WallCoin’ to Fund Trump’s Mexico Border Wall
Coindesk.com ^ | December 14, 2017 | Nikhilesh De

Posted on 12/15/2018 5:24:47 AM PST by Beautiful_Gracious_Skies

Ohio Congressman Warren Davidson thinks crowdfunding may provide a solution to the controversial proposal of building a wall on the Mexican border.

And, perhaps more notably, he suggested using a cryptocurrency to do so.

During an interview with NPR’s Steve Inskeep, the U.S. lawmaker explained that he has already proposed letting the American public pay for the wall, which is opposed by Democrats but mades up a key aspect of President Donald Trump’s list of 2016 campaign promises. In particular, Davidson told Inskeep, he has suggested a private funding program wherein “the American people, or whomever should choose to donate,” (including residents of Mexico) would be able to fund the wall’s construction.

He went on to add:

“You could do it with sort of like a crowdfunding site or you could do a blockchain and you could have WallCoins, but you could raise the money and frankly if we get it right at the Treasury you could even pay with Mexican pesos.”...[snip]

Davidson is an outspoken supporter of the cryptocurrency space, having previously held a round-table event with more than 80 representatives from both the crypto and finance industries to discuss possible legislation for initial coin offerings.

(Excerpt) Read more at coindesk.com ...


TOPICS: Canada; Crime/Corruption; Front Page News; Mexico; News/Current Events; US: Arizona; US: California; US: Florida; US: New Mexico; US: New York; US: Texas
KEYWORDS: aliens; arizona; bitcoin; blockchain; border; buildthefence; california; canada; coindesk; crowdfunding; crowdsourcing; cryptocurrency; daca; defundnpr; defundpbs; dreamact; dreamers; florida; ico; idiocy; justbuildthething; mediawingofthednc; mexico; newmexico; newyork; npr; ohio; partisanmediashills; pbs; presstitutes; smearmachine; stupidity; texas; wallcoin; warrendavidson
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Whatever it takes...
1 posted on 12/15/2018 5:24:47 AM PST by Beautiful_Gracious_Skies
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To: Beautiful_Gracious_Skies

Set up a fund to allow the public to donate. I’ll donate. Promise.


2 posted on 12/15/2018 5:28:40 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin
Set up a fund to allow the public to donate. I’ll donate. Promise.

Me too.

3 posted on 12/15/2018 5:31:12 AM PST by Tennessee Conservative
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To: Beautiful_Gracious_Skies

If it wasn’t for still needing to get permission from the government to apply it and build it crowd funding would work.


4 posted on 12/15/2018 5:31:56 AM PST by Openurmind
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To: MeneMeneTekelUpharsin

Absolutely.

I actually bought a (bunch) of campaign gear in 2016 from a Trump office. I (never) do that. I would donate for the Wall.

Absolutely.


5 posted on 12/15/2018 5:33:25 AM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: MeneMeneTekelUpharsin

I’ll donate too.. but I’m not letting the dems off the hook for this treason.

We all KNOW how Mexico will pay for the wall. We’re gonna get paid back over time.

This is how things like this work.

On top of that, I have a much, much better design for a wall that will cost almost nothing compared to building this wall.

Pillboxes.

If the military is going to handle it, let the military handle it. It’s a matter of national security.


6 posted on 12/15/2018 5:35:00 AM PST by Celerity
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To: Beautiful_Gracious_Skies

Tax the money sent back to Mejico....

Every place that says “envia dinero a Mexico!!!!!!!!”


7 posted on 12/15/2018 5:35:01 AM PST by fishtank (The denial of original sin is the root of liberalism.)
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To: Celerity

Let’s also stop funding abortions. Let the libs buy special coins to fund that since it is so f-ing dear to their hearts.

Tit for tat, so to speak.

Or maybe the other side of the coin? (Couldn’t resist, sorry.)


8 posted on 12/15/2018 5:37:37 AM PST by John Milner (Marching for Peace is like breathing for food.)
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To: Beautiful_Gracious_Skies

We’ve been saying just go fund me the wall. And if prez announced a web page people would flick to it. Been saying this even here on FR for two damn years. Nice to see someone in govt act now like they have a big bright new idea.


9 posted on 12/15/2018 5:38:31 AM PST by inchworm
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To: MeneMeneTekelUpharsin

This would be a great idea but it could be easily corrupted.


10 posted on 12/15/2018 5:40:06 AM PST by cnsmom
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To: Beautiful_Gracious_Skies
I’ll buy wall coins, wall bonds, whatever!
11 posted on 12/15/2018 5:40:29 AM PST by liberalh8ter (The only difference between flash mob 'urban yutes' and U.S. politicians is the hoodies.)
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To: Openurmind

If it wasn’t for still needing to get permission from the government to apply it and build it crowd funding would work.

Hmm. That’s true. Never forget we’re dealing with the Government.
We could crowdfund the wall in a DAY - but the Government would just say “thank you for the money!,” set up a committee to study how to “best use it,” then decide it’s more “responsible” to use it to kill more unborn babies, line the pockets of politicians (and their friends), provide more needles to drug addicts and set up re-education camps for people who offend other people with their ideas.


12 posted on 12/15/2018 5:46:55 AM PST by Pravious
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To: Beautiful_Gracious_Skies

Why do the US Taxpayers have to pay?

U.S. pays $8 Billion a year to the UN.

Take that money and you have a wall paid for in 3 Years!


13 posted on 12/15/2018 5:48:30 AM PST by LibFreeUSA
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To: fishtank
Tax the money sent back to Mejico....

Oklahoma already does...

14 posted on 12/15/2018 5:48:57 AM PST by Does so (If Trump Colluded with Russians, Why Did Hillary Win The Popular Vote?)
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To: cnsmom

Absolutely... The problem I see is even with all the money in the world it will still have to go through the government bureaucracy to be implemented where it needs to go.


15 posted on 12/15/2018 5:49:57 AM PST by Openurmind
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To: Beautiful_Gracious_Skies

That’s a damn good idea.


16 posted on 12/15/2018 5:52:36 AM PST by yldstrk (My heroess obviously sick have always been cowboys)
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To: Pravious

They could tie it up for 20 years just doing “environmental impact studies” alone.


17 posted on 12/15/2018 5:52:55 AM PST by Openurmind
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To: Beautiful_Gracious_Skies

Put a checkbox on the 1040 to direct a portion of your taxes to a dedicated wall fund. Or to donate a part of your refund for the same thing.


18 posted on 12/15/2018 5:53:16 AM PST by Kozak (DIVERSITY+PROXIMITY=CONFLICT)
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To: Beautiful_Gracious_Skies

Count me in.


19 posted on 12/15/2018 5:56:55 AM PST by jmaroneps37 (Conservatism is truth. Liberal is lies.)
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To: Beautiful_Gracious_Skies

Trump Wall foundation! Supported by those who want it? 5 Billion $$$$$? (That’s a lot of pay to play $$$ in the Clinton world.) You can feed a millions of leftists with that kind of $$$$ and help their cause. If successful it will blow the head tops off of many in the Enemedia. Maybe we can start a wall bond drive? I remember when I was in school as a kid, we could buy stamps at 25 cents each, and fill a book up when we reached 100, then we would get a bond. This could work the same way.


20 posted on 12/15/2018 5:59:34 AM PST by Bringbackthedraft (What is earned is treasured, what is free is worth what you paid for it.)
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