The world of cryptocurrencies has been part of the public eye for quite some time now, and with every passing day, the familiarity has only increased. Virtual assets have now become so common that it has even entered into the fore of political elections. Reports have come in that DigiByte, a popular cryptocurrency, has collaborated with Vertbase to launch a cryptocurrency donation platform to support Andrew Yang for the upcoming 2020 Presidential Elections.
It may not come as a surprise to many people that cryptocurrencies are being used to support a presidential candidate. Still, Yang has been one of the few frontrunners who have publicly committed to cryptocurrencies. Yang had once said:
“Cryptocurrencies and digital assets have quickly grown to represent a large amount of value and economic activity. It’s time for the federal government to create clear guidelines as to how cryptocurrencies/digital asset markets will be treated and regulated so that investment can proceed with all relevant information.”
Interested participants will be able to donate to the fund in Bitcoin, Litecoin, DigiByte, Dogecoin, and Vertcoin towards the platform. A majority of the cryptocurrency community has backed Yang with the expectation that the Democrat will open doors for blockchain technology and virtual assets.
The DGBAT will be partnering with the SuperPAC Humanity Forward Fund while Vertbase, the instant buy, sell, and swap exchange will represent the crypto world. Michelle, a DGBAT core member, and advisor added:
“By incorporating a larger segment of the cryptocurrency community, #DGBAT hopes that this donation platform will facilitate a broader conversation, donation and awareness effort surrounding the emergence of the #blockchain economy on a national level. #CryptoFWD #VoteCrypto2020”
The Humanity FWD organization believes that mass adoption can only be perpetuated if all sectors of the industry work in tandem. One of the main goals has also been to integrate freedom of speech and freedom of monetary value in one place, and as Yang believes in digital assets, the SuperPAC was confident in achieving its goals.
Yang shot to fame when he stated that he would automate the voting system using techniques based on blockchain technologies. His campaign run was filled with promises to revolutionize the industry using new technologies so that people don’t have to bear the burdens of mismanagement. He also made a case for crypto regulations to be made more lenient and smart, addressing issues that the new rules only serve to curb crypto organizations.
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