Bitcoin Billionaire Runs for Governor of California

Early bitcoin investor and cryptocurrency enthusiast Chamat Palihapitiya will be running for Governor of California. The elections will be held in 2022.

Chamath Palihapitiya, CEO of venture capital firm Social Capital, announced his intention on Twitter. IN message
there is also a link to the site with the Palihapitiya electoral program. He promises significant tax cuts, an increase in teachers’ salaries and a decrease in the credit burden on students, as well as a set of measures to stimulate the birth rate.

The cryptocurrency enthusiast also hopes to maintain the state’s status as a technology center and sponsor the development of a variety of technologies, including in the field of ecology.

There are no more detailed details about the plans of the governor candidate. However, it is quite possible that the new governor will be elected even earlier – the public is unhappy with the performance of the current governor, Gavin Newsom. The movement to revoke Newsom’s powers and re-election of the governor is now gaining momentum, and Palihapitiya has joined this movement.

Previously, Palihapitiya said that he invested in bitcoin in 2013, when BTC was worth about $ 80. Last fall, he stressed that he plans to continue buying the first cryptocurrency and increasing his BTC holdings.

Telegram channel!

You may also like

The US stock market
Markets
Joshua

The US stock market

US actions descend for the second consecutive day on Wednesday. Chamber Republicans establish a limit of $ 40,000 in Salt