Dark-Horse Trump Rival Pumps Crypto, Aims to Make US a Bitcoin Nation

P. H. Madore
Dark-Horse Democratic presidential candidate Eric Swalwell hopes that Bitcoin donations will propel him toward an unlikely victory against Donald Trump. | Source: Joe Raedle / Getty Images / AFP (i), Shutterstock (ii). Image Edited by CCN.

By CCN: Far from a first, California Democrat Rep. Eric Swalwell is accepting Bitcoin donations for his dark-horse bid to knock off Donald Trump in the 2020 presidential election. More significantly, the bombastic congressman wants to usher in a blockchain revolution after he vanquishes Trump from the White House.

Altogether, Swallwell is accepting six cryptocurrencies. Two of the six are odd choices. One of them is the White Standard, a stablecoin we hadn’t previously heard of which reports $0 in USD reserves. The White Company runs his crypto campaign contribution site, which probably explains that decision. The other is Bitcoin SV, the embattled project of Craig S. Wright, who insists he is Satoshi Nakamoto despite mounting evidence to the contrary.

The rest of the options are pretty standard: Stellar, Bitcoin, Bitcoin Cash, and Ether.

Eric Swalwell: Pro-Blockchain, Anti-Gun

Swalwell reportedly has gun control at the heart of his presidential ambitions, but blockchain adoption features prominently as well.

Swalwell says:

“Blockchain can change the world if we let it. […] Our nation pioneered the Internet. We use smartphones all day every day to move money, to buy goods and services, to share our innermost thoughts, and participate in public life. So it’s pure cognitive dissonance to believe that we cannot extend this further into our democracy and our economy.”

Read the full story on CCN.com.