Satoshi Action Fund Raises $300k for Bitcoin Advocacy
In a recent tweet, Dennis Porter, the CEO, and co-founder of the Satoshi Action Fund (SAF), announced that the organization has raised $300,000 towards its $500,000 fundraising goal. With just two weeks left in the campaign, this update highlights SAF’s relentless efforts to secure Bitcoin’s position in U.S. policy frameworks.
Advocating for Bitcoin-Friendly Legislation
SAF’s primary focus is to push for Bitcoin-friendly legislation at both state and federal levels. The funds raised will further support SAF’s mission to ensure that Bitcoin (BTC) is integrated into future regulatory frameworks. This initiative is crucial in shaping the future of cryptocurrency adoption and usage in the United States.
Driving Policy Changes and Engaging Lawmakers
Beyond fundraising, SAF has been instrumental in advancing BTC and BTC mining policies. With over 20 pieces of legislation introduced, four of them have successfully become law. The organization has engaged with more than 2,000 state and federal lawmakers and participated in over 20 public hearings to emphasize BTC’s potential benefits to the economy, society, and the environment.
Advocating for BTC Mining and U.S. Strategic Reserve
SAF has also been a vocal proponent for BTC mining’s role in supporting grid stability and sustainability. Additionally, the organization has advocated for the establishment of a U.S. strategic BTC reserve, gaining support from influential figures like Senator Cynthia Lummis and former President Donald Trump. By working closely with legislators and the public, SAF aims to ensure that BTC’s adoption contributes to broader societal growth and technological advancements.
As we navigate the ever-evolving landscape of cryptocurrency regulation, SAF’s commitment to promoting a favorable environment for BTC is commendable. Dennis Porter’s tweet not only updates us on the fundraising progress but also underscores SAF’s unwavering dedication to advocating for Bitcoin while challenging restrictive policies that could hinder its potential.
Remember, every contribution to SAF’s fundraising campaign brings us one step closer to shaping a more Bitcoin-friendly future. Get involved, support the cause, and be part of the movement towards a more inclusive and innovative financial ecosystem. Your voice matters, and together, we can make a difference in the world of cryptocurrency advocacy.