Pro-Bitcoin Candidate Andrew Yang is Officially Out of the Race
One thing of a tragic second for the cryptocurrency house as its official pro-bitcoin candidate Andrew Yang withdraws from the presidential race.
Andrew Yang ‘The Numbers Man’ Didn’t Like His Odds
Bitcoinist has beforehand reported on the pro-bitcoin Democratic presidential candidate Andrew Yang. Past his distinctive proposal to offer all Individuals with a $1,000 per 30 days common base earnings, he was the one candidate to incorporate cryptocurrencies as a precedence on his agenda.
Nonetheless, final night time at a disastrous New Hampshire main, during which he garnered simply 2.8% of the vote ending in eighth place, he informed his loyal band of supporters, the ‘Yang Gang’, that he was formally withdrawing:
I’m the maths man and it’s clear from these numbers that we aren’t going to win the race.
Regardless of an undertone of disappointment, Yang was genuinely appreciative of all of the help, telling the group how a lot that they had achieved and that:
That is simply the beginning line.
— Andrew Yang? (@AndrewYang) February 12, 2020
So far as Crypto is worried, Yang integrated bitcoin into the dialogue on the highest stage – the U.S. Congress. It’s a disgrace to look at the progressive pro-crypto candidate exit the race.
Yang Had a Data of Bitcoin Again to 2013
Yang was actively pro-bitcoin and his younger and tech-savvy marketing campaign staff even accepted donations in BTC, ETH, and different cryptocurrencies:
HUGE information – my marketing campaign can now settle for Bitcoin, Ethereum and different cryptocurrencies! https://t.co/GScyqfZXLY Let’s construct the longer term collectively. @Steven_McKie @JulianSarokin @yidagao @AdamDraper @mashadrokova @albertwenger @novogratz @ericbahn @RamanFrey @richardtitus
— Andrew Yang? (@AndrewYang) July 24, 2018
Furthermore, Yang’s historical past with the flagship cryptocurrency goes again a minimum of so far as 2013 when he tweeted in regards to the worth meltdown because the asset plunged beneath $600.
— Andrew Yang? (@AndrewYang) December 7, 2013
It was this in-depth data of the house that excited the cryptocurrency group. Andrew Yang was clearly not simply one other latecomer to the sport making an attempt to power poorly thought-out regulation within the house.
He was somebody who deeply understood the function of cryptocurrency and urged for regulatory readability in order that the U.S. might compete with the likes of China and Europe. On his marketing campaign web page, he said:
blockchain has huge potential.
He additionally pledged that, if elected, he would promote laws that offered readability within the digital asset market house.
So, let’s take a second to take our “math” hats off to Andrew Yang. He could also be out of the race, however he’ll all the time have a spot on the desk of crypto lovers. And, we suspect that CZ will proceed to observe him on Twitter.
Are you saddened by Yang’s withdrawal from the US presidential race? Add your ideas beneath!
Pictures by way of Shutterstock, Twitter @AndrewYang