Home / Bitcoin / Colorado and California have just elected pro-Bitcoin governors

Colorado and California have just elected pro-Bitcoin governors

Jared Polis (D-CO) and Gavin Newsom (D-CA) both won against their respective Republican contenders last night, November 6, 2018. While their points and their platforms were capitalized by a progressive agenda, their favorable attitudes towards cryptocurrencies and blockchain technology has captured the attention of the cryptic community.

For Gavin Newsom, this support comes from a simple but pioneering decision to accept bitcoins as a campaign donation in 2014 when he was a candidate for office in the California Governor's seat. One of the first politicians to do so at the time, Newsom reported the donation option as an underestimated technology support.

"I should promote the technology so subtly that I'll accept bitcoin in the country, I'm ready for it, but how the hell can I explain it to anyone?"

An industry lawyer

Polis, which claims to have been the first Congressman in America to accept bitcoin as a campaign donation in 2014, has embraced bitcoin and its underlying sector with a bit more enthusiasm.

His website also has an entire page dedicated to the blockchain policy. On this page, explore the potential of blockchain technology to improve voter / IT security, energy management and transparency of the government, also proposing a Council for the advancement of Blockchain Use technology and a sandbox "for create a safe harbor throughout the state "for companies in the sector.

"My goal is to establish Colorado as a national hub for blockchain innovation in the business and government world." I believe a strong leadership will put Colorado at the forefront of innovation in this industry by encouraging companies to reach the state and create government applications that save taxpayers' money and create value for Colorado residents, "concludes the page.

During his time in the House of Representatives, Polis has had a long experience as one of the most vocal defenders in the industry in Washington. In 2014, he sent a satirical letter to the federal regulators calling for a ban on the USD, a parodic and caustic response to the letter from Senator Joe Manchin (D-WV) to federal regulators calling for the ban on bitcoins.

In collaboration with Representative David Schweikert (R-AZ), he also proposed the Cryptocurrency Tax Fairness Act in 2017. "Similar to foreign currency transactions", reads a summary, "allowing consumers to make small purchases with cryptocurrency until at $ 600 without burdensome reporting requirements. "

Source link