WHAT THE 2020 DEMOCRATIC CANDIDATES THINK ABOUT DIGITAL CURRENCY

WHAT THE 2020 DEMOCRATIC CANDIDATES THINK ABOUT DIGITAL CURRENCY



there's still close to 20 candidates vying for the Democratic nomination for president in the 2020 election and we are going to rapid fire how they feel about crypto right now everyone it is Thursday July 11th my name is Dom in this is the blockchain minute your daily shell for the most important story on the blockchain there are 481 days until the 2020 presidential election here in the States so we are gonna go through and give you what we know about the candidates and how they feel about cryptocurrency we are gonna follow the same rules this is the first debate if you are polling below 1% nationally you are not in this video so we're saying goodbye to about a dozen or so different candidates starting with senator Cory Booker from New Jersey senator Kamel Harris from California and former HUD secretary Julian Castro these three candidates really haven't said much about crypto so that's all we have to say about them in 2017 in a hearing senator amy clothes are from Minnesota did ask if law enforcement officials would be able to track digital currency in the case of illegal activities and that's just about stops what she has said about it publicly as well former Texas representative beta or Roarke has also been pretty quiet on the crypto front however it has been revealed that he was a member of the activist group the cult of the dead cow so that probably puts him in pretty good standing with some of the og cypherpunks in the industry former Vice President Joe Biden has been pretty quiet himself however the super PAC that was formed back in 2015 to convince him to run draft Biden that did accept Bitcoin donations however he does not currently accept them for this campaign speaking of donations there is only one candidate that is still in the race that is currently accepting donations in the form of digital currency and that his former tech entrepreneur Andrew yang you know that andrew yang is a fan of the industry he actually spoke at consensus a couple of months ago however when he was on the stage for the first democratic debate just a couple of weeks ago he did fail to mention anything about digital currency so we'll have to see if that comes up in the upcoming debates South Bend's mayor Pete Pete bhootish edge has also been fairly quiet about digital currency his campaign is not accepting any of those donations however they have accepted a ton of donations from a lot of people in Silicon Valley there was a recent article in recode where it did talk about Pete Buddha has ability to wax poetic about Bitcoin well he hasn't said that publicly or from the debate stage we certainly could see somebody who is very favorable to the idea of digital currencies in mayor Pete he hasn't said much about it publicly however in a financial disclosure form representative from Hawaii Tulsi Gabbard has purchased anywhere from two to thirty thousand dollars worth of digital currency in the form of litecoin and aetherium at the height of the market in December of 2017 we're unsure if she actually held on to those coins if she's haughtily like the rest of us but we definitely know that she probably can speak to some of the pain that we all experienced in that correction a few months ago we did talk about senator Elizabeth Warren her stance on digital currency while she has not said that she is for or against it the one thing that we know that she champions is protection for consumers and making sure that the middle class is not preyed upon by those with power and money so as long as the digital currency industry follows along with those sort of guidelines we could see an ally in a president warren last but not least the senator from Vermont Bernie Sanders while in 2016 he was heralded as the Bitcoin candidate in more recent months we've heard a lot more about his feelings about modern monetary theory or mmt this is the idea that the state should be able to control economic policy completely as opposed to the Federal Reserve now this concentration of power the centralization of power is the antithesis of what Bitcoin and digital currency is so we'll see how that actually affects him with people inside of the industry again we are over 400 days before the general election we have a lot of time even before Super Tuesday so as this field starts to thin itself out undoubtedly there will be more questions more pointed questions raised as specific candidates and we will keep you up to date here for all of that news thanks for tuning in everybody make sure to drop a comment below who do you hope gets the nomination for the Democrats in 2020 and I will talk to everybody tomorrow Cheers

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