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GOP Senate Candidate Says U.S. Government Should Buy Bitcoin

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Mon, 27/09/2021 - 19:30
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GOP Senate Candidate Says U.S. Government Should Buy Bitcoin
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Blake Masters, chief operating officer at Thiel Capital, claims that the U.S. government should purchase Bitcoin as a strategic reverse asset after China moved to ban it (again).    

Masters, who’s currently running for a US Senate seat to represent the state of Arizona, also announced that his campaign now accepts donations in the largest cryptocurrency:

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Masters will have to face off Arizona’s Attorney General Mark Brnovich, solar power businessman Jim Lamon, and other candidates during a Republican primary race.  

The venture capitalist has been endorsed by billionaire Peter Thiel and Fox News host Tucker Carlson since announcing his Senate bid in early July.

The Arizona race might help the GOP to recapture its Senate majority if one of the candidates manages to knock off former astronaut Mark Kelly in 2022.

As reported by U.Today, retiring GOP Sen. Pat Toomey recently called China’s “authoritarian crackdown” on crypto “a big opportunity” for the States:

It’s also a reminder of our huge structural advantage over China.  

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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