Roberto Escobar is the brother to the famous Pablo Escobar who has been made popular in our times through the first installment of the Narcos series on Netflix. Roberto had set up a GoFundMe page for a crowdfunding campaign that was meant to impeach President Trump. However, this page was pulled by GoFundMe with some reports indicating that it had raised more than $10 Million.
Roberto Decides to Create a Cryptocurrency
Less than a day after his GoFundMe campaign hit a dead end, Roberto and Escobar Inc., launched ImpeachTrumpFund.com that now has a new target of $50 Million to get President Trump impeached as early as this year.
How to Donate
The fund-drive accepts the following popular cryptocurrencies:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Bitcoin SV (BSV)
- Tron (TRX)
- Stellar (XLM)
- Tether (USDT)
- ZCash (ZEC)
Escobar Token ICO As Another Method to Donate
Another method of donating to the fund drive to impeach Trump is by participating in the sale of the ESCOBAR token. The website carrying out the token sale is currently under development but news reports indicate that it will be a stablecoin pegged to the USD.
The move of issuing an ICO for the ESCOBAR token aims at capitalizing the decentralized manner of cryptocurrencies and blockchain technology. This in turn means that no government can stop such a fund drive.
Olof Gustafsson, Escobar Inc.’s CEO explained to Hard Fork how it all came to being:
Originally the goal was to raise $50 million just using the GoFundMe platform.
After raising $10 million in just 10 hours we were shut down by GoFundMe and within 24 hours launched the ESCOBAR stablecoin cryptocurrency to avoid anyone censoring us again.
We believe the Trump Administration [sic] or President Trump shut us down.
An Alternative to Tether (USDT)
The COO of Escobar Inc., Daniel Reitberg, explained that the ESCOBAR token will be a far much better option that USDT.
Yes, we had plans to release this cryptocurrency in 2019 as a stablecoin alternative to the USD Tether. We do not trust the USDT.
We think that people should use our coin, as we have a much larger business sense than most other companies out there and Roberto Escobar has made hundreds of billions of dollars throughout his career.
More About Roberto Escobar
According to ImpeachTrumpFund.com, Roberto was the co-founder of the Medellin cartel alongside Pablo Escobar. He was one of the main accountants responsible for over $100 Billion in profits. Roberto founded the Escobar Inc. company to preserve the legacy of his brother.
What are your thoughts on Roberto Escobar and Escobar Inc. launching a cryptocurrency to impeach President Trump? Please let us know in the comment section below.