16.2 C
October 4, 2022
Image default

Andrew Yang wants New York to be the center of Bitcoin in the world –

Andrew Yang wants to fight for the mayor of New York after his defeat in the presidential primaries by the Democratic Party. By the way, he says that he will make the city a world center for Bitcoin.

Andrew Yang fights for New York

Yang had already fought to represent the Democratic Party in the presidential election. As we know, his political colleagues chose Joe Biden.

However, the Young Democrat is definitely not giving up. Now he wants to become mayor of New York. And it has a good chance. This is suggested by new polls that show that he has already overtaken Brooklyn President Borough Eric Adams and Scott Stringer, another major politician in terms of popularity.

Bitcoin Center

During the presidential pre-campaign, Yang talked a lot about blockchain and cryptocurrencies. He argued that the market regulations on new technologies in the US are “patchwork” and thus harm the state.

Now the politician is talking about BTC again. This time, however underlinesthat he wants to make New York the center of Bitcoin in the world.

His announcement provoked a discussion. Lots of people want Yang to declare publicly that if he is elected mayor, he will abolish the BitLicense license. Meltem Demirors, the CSO of CoinShares’ digital asset management firm, also hinted that it will have to deal with high taxes in the city.

In addition, Yang said a few years ago that it would be a good idea to pay cryptocurrency payments to officials. In a recent interview with Forbes, Miami Mayor Francis Suarez discussed a similar system and suggested that his office could pay BTC workers. This would increase the adoption of digital currencies in the region.

Yang shared a similar vision in a September 2019 interview. He also described the great benefits of government-issued digital technology “Social currency”that could be exchanged 1: 1 to the US dollar.

Recently, it has also been suggested that Yang will work with Biden. CNN claimed it was on a shortlist of politicians to take office in the new president’s government. Biden reportedly considered his candidacy as secretary of commerce.

Many consider Yang to be one of the most probitcoin politicians in the US. During the campaign, he said that in the United States it was necessary to introduce mobile voting based on blockchain technology and outlined plans to regulate the cryptocurrency industry. In addition, he is best known for his election promise, which promised to provide every American adult with a guaranteed income of as much as $ 1,000 per month.

Related posts

Bitcoin is less volatile than the S&P 500 share

Aparnna Hajirnis

Is Bitcoin the new gold? Indians pour billions into cryptos

Anupreet Kaur

Elon Musk says Tesla has “diamond in hand” and Bitcoin starts recovery after sharp drop

Anupreet Kaur

Leave a Comment