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Andrew Yang, former presidential candidate and member of the Democratic Party, has announced that he is creating a new political party called “The Front Party”.
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A comment on his announcement asked what sort of policy the party would have regarding currency manipulation and inflation and asked if he would show his support for Bitcoin as a solution to these problems.
Yang responded by saying that he is a big supporter of Bitcoin and the concept of cryptocurrency in general.
“Big supporter of Bitcoin and cryptocurrencies in general – and wants to allow fiat prices to drop as they should as things get more efficient instead of assuming the inflation pattern.”
He added to his remarks with a comment on his Universal Basic Income proposals and said: “Who can say the UBI has to be in fiat?”
A Bitcoin fan was quick to call that Yang should only learn Bitcoin and that “Everything else is a great casino with no fundamentals.”
Yang got a glowing response, but also gave support to Etheruem and its potential.
“Enjoy this – I think eth [Ethereum] has fascinating abilities, ”Yang said. He also made it clear that he understood the fundamental capabilities of Bitcoin’s immutability.
“I know #Bitcoin is unique in its ability to provide a solid, unmanageable foundation.”
This story is developing.
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Sources 2/ https://www.thestreet.com/crypto/bitcoin/andrew-yang-announces-new-party-supports-bitcoin The mention sources can contact us to remove/changing this article |
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