Andrew Yang news

Founder of Venture for America; a 2020 democratic presidential candidate.

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Why Bitcoin Price Would Skyrocket If Andrew Yang Becomes President

Andrew Yang, the pro-Bitcoin 2020 US presidential election candidate, wants to pay every adult American a universal basic income (UBI) of $1000 a month, which would likely be very bullish for bitcoin price. Bitcoin Price Would Benefit From UBI Yang, who will run as a Democrat candidate, is a self-described “serial entrepreneur” and “opposite” of current president Donald Trump. His social support scheme, funding for which is currently a hot topic of debate on social media, he has called the ‘Freedom Dividend.’ “Universal Basic Income is a policy where every member of a society, in this case, every American citizen, gets enough money to meet his or her basic needs,” Yang explained in a promotional video uploaded on CNBC March 21. “So in my plan, the Freedom Dividend, every American adult turning age 18 would receive $1000 a month free and clear to do whatever you want.” The scheme would naturally involve increased money printing, if not quantitative easing (QE) on steroids. This would inflate the money supply even further and likely cause prices to rise. In turn, bitcoin price would likely rise as well since its supply is hard-capped at 21 million. According to Gresham’s Law, bad money would drive out good money, which in this case would be bitcoin that people would be incentivized to hold as a store value against a constantly depreciating currency like the US dollar. Yang Accepts Bitcoin As Bitcoinist reported this week, Yang has a history of embracing innovative economic concepts which have until now broadly remained confined to niche areas of society. Among those, in addition to UBI, is cryptocurrency as a mainstream financing tool. Yang has publicly mentioned Bitcoin and his affinity for it since at least 2013, while last year he began accepting cryptocurrency payments for his presidential campaign. Unsurprisingly, then, the UBI proposal drew wide praise from the cryptocurrency community on social media. I’m joining the #YangGang. This guy is fantastic. https://t.co/T3v3w8XTtb — Max Keiser, tweet poet. (@maxkeiser) March 22, 2019 Discussing how he would fund the Freedom Dividend, Yang gained the support of Max Keiser, a serial Bitcoin bull who remains highly critical of US debt-driven economics. Yang said he would, in fact, increase gross national debt at first, but reap back benefits in added productivity and tax restructuring. “It would not cause much inflation, would be good for business, and help millions of Americans towards better opportunities in life,” he wrote on Twitter Thursday. Good companies invest in their people. It is time we do the same. Other reactions to the UBI scheme came from figures such as trading guru known as Vortex, who praised the argument as being “based on logic and data.” Detractors criticized the mounting debt problem, which has become a sore issue for many after the overall US debt pile frequently rose to new record heights. “The things I’m recommending are not pie-in-the-sky or utopian at all; they’re actually things we should have done years ago,” Yang concluded in the promotional video. Finland’s Modest Benefits The presidential hopeful is not the first politician to spotlight UBI. Elsewhere, Finland concluded a trial of a real-life UBI scheme last month, which nonetheless showed only modest benefits for the economy. The trial involved 2000 randomly-chosen citizens who each received €560 per month for two years. “Overall, the number of days in employment, and total labor market earnings, were no higher for those receiving the basic income than for those in the control group,” a report into the results by The Conversation summarized. Yang has not explained whether or not the Freedom Dividend could involve cryptocurrency. What do you think about Andrew Yang’s UBI concept? Let us know in the comments below! Images courtesy of Shutterstock, Wikipedia.org, Twitter The post Why Bitcoin Price Would Skyrocket If Andrew Yang Becomes President appeared first on Bitcoinist.com.
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Cardano on Coinbase? Theta Mainnet Launch, Bitcoin Lightning Network, Ethereum, Andrew Yang

Is Cardano getting listed on Coinbase? Mattie also talks about Theta launching its mainnet, Bitcoin Lightning Network, and the latest from Ethereum and Joseph Lubin. Mattie also talks about Andrew Yang and his positive outlook on Bitcoin BTC. ----------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: https://twitter.com/Altcoinbuzzio Facebook: https://www.facebook.com/altcoinbuzzio/ Telegram: https://t.me/joinchat/DLi8Ug8negQrbwYO-oqNRA ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: https://bit.ly/2rWQnHa CoolWallet S: https://bit.ly/2Liy5bv Trezor: https://bit.ly/2IXrZic Ledger Nano S: https://bit.ly/2IyE3al KeepKey: https://bit.ly/2x5TlhM Read about them here: https://bit.ly/2rTdthZ --------------------------------------------------------------------------------- References: Theta Tweet https://twitter.com/Theta_Network/status/1106718342033731584 Theta Explorer https://explorer.thetatoken.org/ Theta https://www.thetatoken.org/ Andrew Yang https://bitcoinist.com/andrew-yang-2020-president-bitcoin/ https://twitter.com/AndrewYangVFA/status/1021794073835855873?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1021794073835855873&ref_url=https%3A%2F%2Fbitcoinist.com%2Fandrew-yang-2020-president-bitcoin%2F How #Ethereum Applications Earn A+ Security Ratings https://www.coindesk.com/how-ethereum-applications-earn-a-security-ratings Ethereum Co-Founder Joseph Lubin: Blockchain Will Be Most of the Economy in 10-20 Years https://cointelegraph.com/news/ethereum-co-founder-joseph-lubin-blockchain-will-be-most-of-the-economy-in-10-20-years Is #Cardano (ADA) Getting Listed on Coinbase? https://www.altcoinbuzz.io/crypto-news/product-release/is-cardano-ada-getting-listed-on-coinbase/ #BITCOIN LIGHTNING NETWORK HITS 1,000 BTC CAPACITY ON ITS ONE YEAR ANNIVERSARY https://bitcoinist.com/bitcoin-lightning-network-1k-btc-capacity/ Lightning Network https://lightning.network/ https://1ml.com/statistics https://cointelegraph.com/lightning-network-101/what-is-lightning-network-and-how-it-works#how-does-it-work https://usethebitcoin.com/lightning-network-reaches-new-record-hitting-1000-btc-capacity/ Crypto Market Adds $4 Billion in 24 Hours https://www.altcoinbuzz.io/crypto-news/finance-and-funding/crypto-markets-adds-4-billion-in-bullish-24-hours/ -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Maximine Coin Surge, eToro Adds TRON, Rakuten and Yahoo, Boss Crypto - Cryptocurrency News

Maximine coin is up more than 700% within the past 30 days. eToro also announced yesterday that they will add Tron TRX to its platform with more than 10 million registered users. Mattie will also talk about Rakuten and Yahoo continuing Mainstream Progression Towards Cryptocurrency as well as Boss Crypto, a crypto investment and education platform. ----------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: https://twitter.com/Altcoinbuzzio Facebook: https://www.facebook.com/altcoinbuzzio/ Telegram: https://t.me/joinchat/DLi8Ug8negQrbwYO-oqNRA ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: https://bit.ly/2rWQnHa CoolWallet S: https://bit.ly/2Liy5bv Trezor: https://bit.ly/2IXrZic Ledger Nano S: https://bit.ly/2IyE3al KeepKey: https://bit.ly/2x5TlhM Read about them here: https://bit.ly/2rTdthZ --------------------------------------------------------------------------------- References: BossCrypto – Crypto Investment and Education Platform https://www.altcoinbuzz.io/crypto-news/spotlight/bosscrypto-crypto-investment-and-education-platform/ Boss Crypto https://bosscrypto.co/buzz Yahoo and Rakuten Continue Mainstream Progression Towards Cryptocurrency https://coingape.com/yahoo-rakuten-progress-cryptocurrency/ Rakuten Wallet Launch Announced for March 30, 2019 https://www.ccn.com/rakuten-wallet-launch-announced-for-march-30-2019 Here’s Why Crypto Maximine Coin (MXM) Jumped 754.5% in March https://cryptoupdate.ca/heres-why-crypto-maximine-coin-mxm-jumped-754-5-in-march/ https://www.coingecko.com/en/coins/maximine https://maximine.io/ eToro adds Tron TRX to its Platform with More than 10 Million Users https://www.altcoinbuzz.io/crypto-news/product-release/etoro-adds-tron-trx-to-its-platform-with-more-than-10-million-users/ https://twitter.com/Altcoinbuzzio/status/1110447607250210817 -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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Maximine Coin [MXM] Jumps 30% Higher While Top Currencies Continued Bleeding

In a continuous declining market, there’s one coin that stood out higher. Maximine Coin or MXM Coin broke a new record of entering into the graph of Top 40 cryptocurrencies with a spike of 30 percent over the past 24 hours. Why MXM Coin Pumped Higher? The value surge is quite surprising because the top crypto assets including Bitcoin, Ethereum, XRP, Litecoin, EOS, Bitcoin Cash, Binance Coin, and many other cryptos are on the way out. Nevertheless, the major concern comes after the spike of MXM Coin trading volume on CoinBene exchange which suspects to have wash trading activities. Despite this decline drive, Maximine Coin’s MXM token is ruling with rising volume among the top 40 cryptocurrencies. At the moment, the MXM’s average trading value counts $159,653,386 which has gained 30.11 Percent over the last 24 hours. Moreover, the coin is trading at $0.096818. Maximin Coin or MXM is presently available at a handful of crypto trading platforms including CoinBene, HitBTC, Coinbit, and Livecoin. Among these exchanges, the highest trading volume is split among CoinBene and HitBTC with pair of USDT, ETH, and BTC respectively. Is there anything Related to CoinBene’s Suspected Wash Trading? Looking closer at the coinmarketcap, the highest trading volume of MXM coin can be seen on CoinBene, the exchange which was once noticed of involving with wash trading activities as reported by Bitwise Asset Management. Reports further revealed that the volume is faked by the exchange itself that results to inflate actual numbers to catch user’s attention. Moreover, the exchange registered in Singapore and doesn’t need KYC for a user to have an account with. To note, the Bitforex exchange where MXM Coin will soon be listed is also based out in Singapore – moreover, Maximine Coin is reportedly registered in the same country. Additionally, recent reports reveal that the coin had gained mainstream concern from Bitforex, a Singapore based trading platform. The firm announced to list MXM coin on its exchange which many speculate and relate the coin’s significant performance with. Heard the news? 👂🏼 Seen the papers? 👀 If you haven't, keep your eyes glued to the screen and your ears wide open because @maximinecoin is coming to @bitforexcom ! 🍻🙌🏼 Details in link below! 👇🏼https://t.co/A8E21UuBz2 — MaxiMine (@maximinecoin) March 26, 2019 What do you think about CoinBene and its trading contribution to Maximine Coin? share your opinion with us  The post Maximine Coin [MXM] Jumps 30% Higher While Top Currencies Continued Bleeding appeared first on Coingape.
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