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14 December 2019

Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin? - Bitcoin News

Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin? - Bitcoin News


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Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin?

There’s much talk about multi-billionaire innovator Elon Musk’s newly announced support for Democratic presidential candidate Andrew Yang.

Interestingly, Yang is not the only candidate that is at least a little interested in crypto.

With Elon Musk’s recent tweet of support for the Yang gang and his Universal Basic Income (UBI) proposal, and many news outlets reporting that Musk is now supporting a pro-Bitcoin candidate, it makes sense to check out what he actually says.

When pressed in the interview about the VAT raising prices, Yang maintained that prices are staying the same for most things – it’s services like healthcare where the real pinch is felt, according to the candidate.

Ignoring outright crypto antagonists like Donald Trump for the moment, though, the thing that seems to give Yang his Bitcoin-friendly image is simply that he is talking about it at all.

With Yang’s positions fairly well enumerated, it stands to look at other candidates, and also Yang supporter Elon Musk (who tends to wax humorous and tongue-in-cheek when discussing crypto).

Elon Musk: “I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago” (February 2018).

While many news outlets are hyping Musk support for the pro-Bitcoin candidate, a more apt moniker may be the “pro-blockchain” candidate, whatever that may mean?

What are your thoughts about Andrew Yang’s position on Bitcoin.

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