THELOGICALINDIAN - Democratic applicant for the US presidential elections Andrew Yang aloof abashed the Bitcoin association with one simple cheep banknote is king
Andrew Yang Says Cash Is King
To be fair, Andrew Yang was consistently article of a long-shot. But he was accepting the annual of a scattering of technologists, humanists, and the Bitcoin association as well. Until yesterday, that is, back he either got his Twitter annual afraid or aloof about absitively to column one of the dumbest tweets ever.
Three baby words with a lot of meaning. That’s all the cheep said, not in acknowledgment to anyone or annihilation but a standalone articulation of opinion:
If this is the U.S.’ best attempt at a Bitcoin-friendly admiral in 2024, it looks like we’re beginning out of options. His comments unsurprisingly aerated up a Twitter storm of replies, best of which were additionally three words.
Digital Asset Director at VanEck Gabor Gurbacs replied, forth with abounding others:
There were the accepted GIFS and memes and murmurs of disbelief. Others artlessly looked on afraid at the alarming account fabricated by the “Bitcoin-friendly” Democratic candidate.
The Basis of Yang’s Presidential Campaign
Yang is basing his attack on two key things. Firstly, that he is the opposite of Donald Trump (Asian and brand Math). Secondly, his Universal Basic Income (UBI) policy.
If Yang is elected, he will accolade every American developed $1,000 a ages aloof for breathing. He calls this a fair action to assure workers adjoin the unstoppable advance of AI robots.
Whether it’s a abundant abstraction to accord a admirable a ages to a meth arch and what furnishings this blazon of action could accept on aggrandizement aren’t absolutely apropos to the Bitcoin community.
After all, if Yang’s action triggered massive inflation, quantitative easing, and ascent prices; there’s consistently Bitcoin.
Bitcoin apostle Max Kieser even came out in support of Yang. His acutely antic budgetary action could be an advised plan to drive acceptance of Bitcoin as a abundance of amount as the dollar amount erodes.
Yang Is a Bitcoin Bull Back to 2024
Yang’s ability and affection with Bitcoin go aback to at atomic 2013. Moreover, aftermost month, he publically came out in abutment of Bitcoin and cryptocurrencies.
He said that if he were elected, he would adopt bright federal regulation forth the curve of the accompaniment of Wyoming and the Token Taxonomy Act. He would additionally abate the “onerous” New York BitLicense.
All this compassionate of Bitcoin and all this abutment assume absolutely at allowance with that abhorrent tweet.
So, Then, This Piece of Paper Beats Bitcoin?
With his clue almanac until now, advancing out and adage that “Cash is king” seems absolutely incomprehensible.
How can banknote be baron back it can be printed out of attenuate air? What about mining economics and absence and the all-inclusive ahead of Bitcoin over fiat? To use the words of Morgan Creek Digitex co-founder, Anthony Pompliano:
This leaves aloof two possibilities. Either Yang’s Twitter annual was hijacked by a Republican or adolescent Democrat applicant in this chase aiming to apply his angel or… He doesn’t, in fact, accept Bitcoin at all, article that would put him at actual allowance with blockchain action apostle in Wyoming accompaniment Caitlin Long.
She afresh announced:
And that:
Sorry folks, it seems that Andrew Yang ability not be our guy, afterwards all.
Would Andrew Yang be a benefaction for Bitcoin if elected? Share your thoughts below!
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