David Marcus, CEO of Lightspark and a former Meta executive who has emerged as a leader in the crypto space, has publicly endorsed Donald Trump for the upcoming U.S. presidential election, explaining why he has abandoned his previously strong connection to the Democrat party.
Forbes reports that as the U.S. presidential election looms, the cryptocurrency industry finds itself at a political crossroads. Once considered an apolitical realm, the sector is now seeing prominent figures taking sides, with some making unexpected allegiances. This shift is exemplified by David Marcus, a former Democrat party supporter and current CEO of Lightspark, who recently announced his backing of Donald Trump.
In a lengthy post on social media platform X/Twitter, Marcus detailed his political transformation, stating, “I am crossing the Rubicon and backing the Republican Party and President Trump.” This declaration marks a significant departure from his previous political stance and underscores the evolving relationship between cryptocurrency and mainstream politics.
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…
