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. origin »

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

According to LongHash, Bitcoin’s price is largely driven by Tether’s price, so Tether is a very good predictor of the Bitcoin price. Although this conclusion does not resonate with the entire crypto community, some Crypto Twitter personalities seem to believe it and consider it as not just a price predictor but as the push behind […] The post Tether Minting is Behind one of Bitcoin’s Biggest Rallies in 2019 – Andrew Rennhack appeared first on ZyCrypto.

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2019-5-27 21:30


Ôîòî:

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


Ôîòî:

Why Cryptocurrency Investors Are Renouncing Their US Citizenship

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2019-5-9 18:15


Ôîòî:

US Presidential Candidate Yang Promises ‘Clear’ Bitcoin Regulation

2020 US Presidential hopeful Andrew Yang has given the clearest sign yet that he welcomes Bitcoin, releasing a dedicated statement on cryptocurrency regulation this week. Yang Highlights ‘Vast Potential’ Yang, whose pitch revolves around radical economic policy such as installing a Universal Basic Income (UBI), said that he would create “clear” legislation on crypto, using pro-industry legal schemes such as that of Wyoming as role models.

2019-4-19 19:00


US Presidential Candidate Andrew Yang Wants Clear Cryptocurrency Guidelines For Bitcoin

Not many presidential candidates are currently interested in the discussion about cryptocurrencies, but one of them is set apart from the rest: Andrew Yang. Yang, which is seen as a crypto champion by the community and it is the favorite candidate of the crypto sphere, has recently released a new statement about crypto assets. According […]

2019-4-19 05:56


Need a Bitcoin Booster? As Andrew Yang’s Presidency Picks Up, Could He Be the Bear Market Breaker?

Andrew Yang is well-liked by the crypto community, considering his pro-Bitcoin stance that he is taking to his candidacy for the presidential election in the 2020 election year. Planning to run as a Democratic candidate, Yang has described himself as a “serial entrepreneur,” positioning himself as the “opposite” of current US President Donald Trump. Yang […]

2019-3-23 04:48


In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates

In Friday’s roundup of news from across the cryptosphere, we look at the rise of U. S. presidential candidate Andrew Yang and his acceptance of cryptocurrency donations. We also detail a new partnership between Kleros and Ethfinex that will see the Ethereum-based exchange utilize crowdsourced jurors to govern token listings.

2019-3-8 16:12


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Bank of Korea and Bank of France hold talks on digital assets

The seminar highlights the growing need for international collaboration on digital asset regulation, impacting global financial stability and policy. The post Bank of Korea and Bank of France hold talks on digital assets appeared first on Crypto Briefing.