Andrew Yang Just Mentioned Crypto, Again. He Says Bitcoin Can’t be Stopped

2020-1-30 01:26

Andrew Yang has been deemed one of the most tech-focused presidential candidates. Unsurprisingly, he’s discussed Bitcoin and crypto assets on occasion, specifically in regards to the potential they have to aid the American economy. The businessman-turned-presidential candidate, currently ranking fourth amongst the Democrats per some recent polls,  recently spoke on the topic of cryptocurrencies in an interview with Bloomberg. Aside from President Trump, he’s the only one to have dropped the Bitcoin bomb in any notable fashion. Related Reading: Why Analyst Who Predicted Bitcoin’s Surge to $9,000s is Now Really Bullish Andrew Yang Talks Bitcoin With Bloomberg Prior to joining the race to become POTUS, Yang was an entrepreneur with close ties to Silicon Valley. While he was based across the country, Yang has always been all about technology, with his thoughts on artificial intelligence and Amazon and Facebook becoming central to his campaign. Unsurprisingly, he has thoughts on Bitcoin and cryptocurrency, having posted a photo of him alongside Litecoin’s Charlie Lee in the past. Talking with Bloomberg Editor Joe Weisenthal in a recent interview, Yang mentioned that the current nature of crypto laws in the U.S. is flawed, saying that the state-by-state regulation is bad for innovation. State-by-state regulation of crypto is bad for innovators, investors and users, explains Democratic presidential candidate Andrew Yang https://t.co/PEBIMf0CrU pic.twitter.com/sWU9b3Zl95 — Bloomberg Crypto (@crypto) January 29, 2020 Indeed, each state has different digital asset laws, meaning that crypto entrepreneurs may prefer certain states to launch Bitcoin businesses, such as Wyoming. A normalized legislature, Yang says, would dramatically help innovators dabbling in the cryptocurrency spaces. The POTUS candidate quickly added that he sees “high potential” in crypto and the technology backing this space, blockchain. It Can’t Be Stopped After Weisenthal directed the conversation towards the liberty aspect of digital assets. The Bloomberg editor specifically cited sentiment that government regulation is restricting capital flows into Bitcoin and other cryptocurrencies: Do you support monetary freedom for people that want to move their money away from fiat and the banking system? Right now you have banks restricting transactions to [crypto exchanges]. And some people think government regulation is impeding them. To this question, Yang responded neutrally, saying that he thinks with the existence of stringent regulation or not, users of “these currencies” — a blanket term presumably including Bitcoin — can’t be stopped or impeded with regulation, even “if you tried.” Yang’s assertion that cryptocurrencies are unstoppable has been echoed by other politicians, such as Patrick McHenry,  U.S. Representative for North Carolina’s 10th congressional district, who said: “The world that Satoshi Nakamoto, author of the Bitcoin whitepaper envisioned, and others are building, is an unstoppable force.” Related Reading: Scarily Accurate Analyst Gives 4 Reasons Why Bitcoin Price Won’t Crash at $8,500 Featured Image from Shutterstock The post appeared first on NewsBTC.

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Источник: newsbtc.com

bitcoin andrew → Результатов: 105


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Andrew Yang: Technology of cryptocurrency is powerful, optimistic in long term

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Pieter Wuille Unveils ‘Miniscript,’ A New Smart Contract Language for Bitcoin

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2019-8-20 17:30


Tether Minting is Behind one of Bitcoin’s Biggest Rallies in 2019 – Andrew Rennhack

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2019-8-8 22:24


Bitcoin [BTC] can achieve better scalability, security via Schnorr Signatures, claims Andrew Poelstra

The technology behind the blockchain industry and cryptocurrency have been deemed by many as a revolutionary development of the 21st century. The digital framework which maintains and improves the tech requires constant implementations to eradicate bugs and tackle issues like scalability and security attached to crypto-assets.

2019-5-27 21:30


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U.S. Presidential Candidate Aims to Make Policies That Would Favor Cryptocurrency and Blockchain Technology

Andrew Yang, the Democrat who is among the contenders for the 2020 U. S. presidential race, has big plans for cryptocurrency and blockchain technology. According to Bloomberg on May 15, 2019, Yang is solidly behind the nascent industry and if elected, would champion cryptocurrency-friendly regulations in the United States.

2019-5-17 15:00


2020 Presidential Runner Andrew Yang Affirms Regulars Need To Be Clear With Crypto Rules and Regulations

Andrew Yang is the crypto candidate for president of the United States. Because of this, he basically had to appear on Consensus 2019, the most important crypto conference in the United States. There, the hopeful candidate discussed several issues like Bitcoin, the blockchain technology and his pretension to run for the White House. During his […]

2019-5-16 04:05


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Why Cryptocurrency Investors Are Renouncing Their US Citizenship

Andrew Henderson is the founder of Nomad Capitalist, a company which helps people from around the world move to different countries while minimizing their tax obligations. In recent years the company has created plans for dozens of people who made their wealth from the cryptocurrency sector, including business owners, traders, investors and consultants.

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