Welcome to our Andrew Yang news page. Here you'll find some of our featured Andrew Yang enthusiasts content pieces as well as all our latest Andrew Yang's Presidency campaign posts.
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 has formed a plan called the “Freedom Dividend,” which would pay out every adult American a basic income of $1,000 monthly. Experts believe that the implementation of this policy would improve bitcoin price, and the public would be able to meet basic needs. The plan, described by Andrew Yang, would ensure that anyone over age 18 gets this payment with no stipulations and no fees.
As Bitcoinist pointed out, the new idea would involve money printing or quantitative easing (QE), at the very least. Money supply would end up inflated and would probably cause the rise of prices.
However, Bitcoin price would rise at the same time, considering that the limit has a hard cap at 21 million BTC. Based on Gresham’s Law, the good money would be driven out by bad money, with the good money being Bitcoin.
In reports this week, Andrew Yang has shown an ongoing history with the acceptance of economic innovation, which have primarily been confined to small developments before now. Along with the universal basic income (UBI), cryptocurrency could be used as a mainstream financing tool. As far back as 2013, Yang has discussed Bitcoin and his affinity for it, and he even accepted crypto payments for the presidential campaign he is running since last year.
Clearly, the ideal the UBI attracted much attention and praise from the crypto community, with one user calling Yang “fantastic.”
As far as funding the Freedom Dividend, Max Keiser has voiced support for Yang’s endeavor. Yang noted that, at the beginning, the gross national debt would increase. However, it would end up reaping benefits in both taxes and increases productivity.
He cautioned that there would be a limited amount of inflation, but it would ultimately benefit millions of Americans.
Yang is hardly the first person to bring up the idea of a UBI as a nationwide policy. In Finland, the government recently finished a UBI scheme as a trial last month, which showed substantial benefits for the whole economy. The trial included 2,000 random citizens, each receiving €560 per month for two years.
Reports from The Conversation revealed that “the number of days in employment, and total labor market earnings” came up with about the same numbers for individuals with the basic income and within the control group.
Bitcoin Twitter Loves Andrew Yang: Presidential Campaign #YangGang2020 #YangBucks Blockchain Mix
Bitcoin Twitter Loves Andrew Yang, Here’s Why
There is a lot of hype building up around the U. S. presidential election of 2020. The Trump government continues to be controversial, so a lot of people are eager to know who has the potential to replace the current president.
The Next Web’s Hard Fork has recently made an interesting piece of research on “Bitcoin Twitter” to discover which candidates were the favorites and they found out that Andrew Yang, a Democratic Party candidate is the absolute favorite of the Bitcoin community. However, he is not the only one.
In the analysis, the site found out that most candidates simply never even mentioned crypto at all during their campaigns. Donald Trump, Bernie Sanders, Tulsi Gabbard and even Elizabeth Warren are names which receive a lot of attention from the mainstream media but are not so close to the crypto circles.
The three individuals who mentioned cryptocurrencies the most were Andrew Yang (75%), John Delaney (17.5%) and John Kasich (7.5%). This shows just why Yang is a favorite since he is talking about cryptos all the time, which is bound to call the attention of the community.
He has also opened his campaign to Bitcoin donations recently, as well as Ethereum, which makes him the most pro-crypto candidate so far. In fact, he is a declared fan of the blockchain and said that cryptos could be very important in order to create a digital-social society.
Yang, Bitcoin And The Universal Basic Income
Yang is a very progressive candidate. Not only he does believe that Bitcoin is the answer to many problems, but he also believes in the power of Universal Basic Income.
In case you are not aware of the concept, it means that each American would receive $1,000 USD from the government each month after the age of 18. He recently talked about this during the Joe Rogan Experience podcast.
When he talked about this, his popularity skyrocketed. He went from 50 thousand followers to 188 thousand. Crypto fans had the idea of using the “Yang Bucks” on Bitcoin, which would pump the price of the asset and be very profitable for them.
People went created graphics to explain how using the Universal Basic Income proposed by Yang after he was the president to pump Bitcoin was such a great idea.
Yang’s interest in the blockchain is not even recent. He first tweeted about it in 2013. At the time, he affirmed that the price correction in the asset could “make people nervous”. He was referencing a price drop that took Bitcoin down from over $1,000 USD to less than $600 USD.
Delaney, Kasich, And Bitcoin
While most of the buzz comes from Yang, Kasich and Delaney also have talked about Bitcoin. Delaney is also a candidate from the Democratic Party. He proposed “tech-forward” regulatory solutions for the country and backed his comments later affirming that the blockchain community was inspirational.
John Kasich has tweeted an article last year calling the blockchain technology the Internet 10.0 (you should take into account that we are still in the Web 3.0, according to specialists).
It is clear that these two are simply no match to Yang when it comes to talking about the blockchain technology.
Who Are The Most Powerful Yang Influencers
As part of the study, the site who posted the research also used a monitoring tool called CrowdTangle in order to look up the most prominent influencers from the “Yang Gang”. They looked at two hashtags: #YangGang and #YangGang2020 and then ranked people for their influence.
Surprisingly, WikiLeaks was the sixth biggest influencer not counting Yang. Crypto celebrities were also very important. People like Neeraj Agrawal (42nd), Bully (47th) and Kevin Pham (72th) appeared on the list.
There is still a long way until the elections, but it looks like the crypto community has already chosen its perfect candidate.
Bitcoin Supporting 2020 US Presidential Candidate Andrew Yang Makes an Important Stride
Pro-crypto and U.S presidential candidate Andrew Yang achieved an important milestone recently, and hence his campaign to become the president of the U.S. gained good traction within a few days. Yang’s campaign got prominent in the first two debates hosted by the Democratic National Committee.
It is worth noting that the Democratic candidate gained a lot of attention from the internet and media as it recently achieved 65,000 individual donors from twenty states, allowing Yang to be eligible to partake in the first presidential debate.
The crypto-enthusiast advocates a $1,000 per month universal income if he becomes the president of the U.S., and that thought gave him a big boost when he appeared on the Joe Rogan Experience.
Andrew Yang is known to be a follower of cryptocurrency, and he first made a tweet about Bitcoin in 2013; he then started to receive donations in cryptocurrency for his campaign in 2018, which he acknowledged as an important landmark for the crypto space. The cryptocurrencies he accepts include Bitcoin, Ethereum and almost all ERC20 tokens.
Last year, Yang orated that cryptocurrency has the:
“massive potential to create a more transparent society. A smart government would embrace this and work with it. I would do that.”
After achieving the 65,000 individuals from twenty states, making him eligible for the first presidential debate, Yang tweeted:
“We did it!!! THANK YOU, everyone, who supported us to make it happen. First stop debates next stop White House!!!”
Since Yang’s campaign obtained traction in the U.S in the past few days, lots of prominent cryptocurrency enthusiasts have promised to give their support and give him a big boost for the upcoming presidential elections.
TRON released its weekly report recently that covered the blockchain determination to boost its Smart Contracts side chains and Multi-signature. Subsequently, this weekly report also took a deep dive on BitTorrent strides in the past few days.
According to TRON’s weekly report, BTT is listed on 35 exchanges including Binance, OKEx, Bittrex, Huobi, and Upbit.
Also, BitTorrent has been delivering lots of updates and developments ever since its acquisition by TRON in June last year according to the weekly report. However, BitTorrent is now one of the biggest blockchain protocols, and through its progress so far, it also created its own tokens known as BTT.
Also according to the weekly report, BTT gained the support of 3 dozen digital asset trading platforms and wallets, and it is on the course to become one of the notable cryptos in the world.
The report not only covered the technical developments and BitTorrent update, but the global community, developer community, team and partners, and market transactions.
EOS and Ethereum Update
A wallet that's known as Bancor recently declared its support and on-chain conversions for EOS and Ethereum tokens. Thanks to the Bancor support, EOS and Ethereum users can be able to perform one-click conversions between ETH and EOS tokens.
“Bancor’s new Unified Wallet is officially LIVE. For the first time ever, users can perform one-click conversions between @Etherum & EOS tokens without giving up possessions of their #crypto https://t.co/7nBGDN9IRE “
WeChat, Paxos Gold, Facebook, and Andrew Yang Battle the Ledger
The payment system is a hot topic among several tech giants, such as WeChat, Paxos, Facebook, and Andrew Yang. Just last week, Facebook’s CEO introduced its new strategy concerning messaging and privacy.
Despite the privacy pledge, the real focus should be on money and shopping. According to Clay Chandler, who wrote an article Mark Zuckerberg Has WeChat Envy, WeChat has successfully developed in-payment features that make it even more powerful than Facebook.
And WeChat is not the only platform that has presented ambition concerning a payment system. Apple also entered the rivalry with its iMessage system that features payment mechanisms.
Facebook is working to achieve the same as the competition by also leveraging blockchain technology. Its own blockchain team has over 60 employees and it may be working to hire many more. Facebook also plans to launch the Facebook Coin, which is a native cryptocurrency that can be used to compensate people for their data.
The big question that arises is what place bitcoin and other cryptocurrencies have in the mix. Chances are though, that even with Facebook Coin, it will be different from traditional cryptocurrency in the sense that it will be controlled, corporate, and not the decentralized system that is at the heart of bitcoin.
As for Apple, Tim Cook seems to be pushing for privacy as a part of its brand and it isn’t looking for data, unlike Facebook. Apple Pay Wallet, if it were to add bitcoin, may increase the company’s attempt to show that privacy is a big thing for it.
2020 Presidental Candidate Andrew Yang Takes Bitcoin & Ethereum Donations
American Presidential Candidate Accepts Bitcoin for Campaign Donations
As cryptocurrencies continue to captivate the public’s imagination and the media’s coverage with stories of massive gains and innovative new blockchain technology, creative applications are becoming more and more commonplace. In particular, American interests in blockchain technology have been somewhat public in nature. Some universities have begun using the technology to issue degrees in certain programs, while hospitals are using blockchain tech to renovate their IT services.
But one man is directly embracing cryptocurrency itself in his decisive campaign to become president in the 2020 election. Andrew Yang recently tweeted out the announcement that he and his team, Yang 2020, would begin accepting cryptocurrencies for donation in their bid for the presidency in two years. After President Trump ends his four-year term, competition will be fierce for the position of Commander-in-Chief. It is likely that Yang’s newest idea is an effort to appeal to tech-oriented voters, many of whom would be supremely interested in supporting candidates using alternative digital currencies.
However, many pundits remark that this latest move could create several unique problems, both for the candidate and the larger cryptocurrency community. In particular, stringent American laws regarding campaign finance could spell trouble for the cryptocurrency donations, many of which could end up being largely anonymous.
Andrew Yang Candidacy
Andrew Yang is the latest candidate in the trend of entrepreneurs running for office. Following the massive success of the initially grass-roots Donald Trump campaign in 2016, it became clear that Americans are interested in having businessmen audition to run the country. Yang would not be apt to compare himself to the staunch conservative currently in the White House, however.
In addition to being a democratic candidate, Yang also boasts an extensive history within the technology sector, championing an understanding of cryptocurrency and blockchain technology and an interest in using tech for the betterment of all of humanity. One of his main goals to be outlined during his campaign is to establish a unique universal basic income, or UBI, for citizens of the United States.
How To Support Yang
Yang’s recent announcement leads potential sponsors to a Google document which will collect basic information about the person who wants to donate to the campaign. In order to submit personal details and access the recipient wallet, donators have to first click to confirm that they are following the rules traditionally associated with campaign contributions, such as being of legal voting age and not using a business wallet or being a federal contractor.
Yang’s cryptocurrency campaign relies on people not sharing the recipient address. If this address is leaked, people would be able to make completely anonymous donations to his campaign. While this sounds good in theory, it is absolutely against federal regulation. One of the main problems with this particular campaign, this could easily create large issues for Yang further down the road, especially once the address is inevitably leaked.
The maximum donation amount of $2,500, and Yang’s campaign accepts donations in the form of Bitcoin, or any other coin listed in the top twenty digital currencies.