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Can Agatha Bacelar Make Crypto in the U.S. Great Again?

Agatha Bacelar is a Stanford Engineer and she’s running against senior democrat, Nancy Pelosi, in California’s 12th Congressional District. What differentiates Bacelar from her competitors is that she is accepting campaign donations in Bitcoin and other cryptocurrencies. She hasn’t listed cryptocurrencies among the issues on which she is running, but she really pushes her crypto-credentials on her donations page. Presumably, this is so as not to put-off any crypto-skeptic potential supporters. However, the page for cryptocurrency donations is emblazoned with the message to ‘Put A Crypto Tech Advocate In Congress’.

Whilst San Francisco was once the headquarters of the crypto-industry, its once bright future has dimmed according to Bacelar. Federal intervention and regulation have forced crypto-innovators to look elsewhere, and many startups overlook the U.S. completely. Bacelar claims that she will, “bring informed, practical, and future-savvy tech regulation to the forefront of the picture in Washington,” and that in Congress she will create, “a viable future for cryptocurrencies and bringing the American crypto industry back home.” Bacelar also cites a belief that “the political establishment wants to hold back a future where economic freedom is afforded to all.”

You might note that she is not the only pro-Bitcoin candidate running for office; Democratic presidential candidate, Andrew Yang, has proposed $1,000 per month universal income for every citizen using Bitcoin. Though it seems like crypto and politics don’t go together, thanks to Agatha Bacelar and Yang, the tides may turn positively toward change.

Bacelar has a set a crypto funding goal of roughly $1 Million, and she accepts several of the top 20 cryptocurrencies. Bacelar’s belief that economic freedom is holding back America has led citizens to believe that she will make crypto great again. Andrew Yang, one of many candidates in the 2020 presidential run for the White House, also began accepting donations to his campaign in crypto. Yang believes that it’s time for the federal government to create clear guidelines as to how cryptocurrencies and digital asset markets will be treated and regulated.

In a recent interview, Bacelar acknowledges that while America’s financial infrastructure has worked for much of the population, many people remain unbanked or underbanked, and current institutions seek to keep them that way by denying them access to credit and other tools they’ll need to survive or make everyday purchases.

Agatha Bacelar is confident that several privacy and security issues can be solved with blockchain, Bitcoin’s underlying technology. Lastly, she is calling for stronger and better regulation from the federal government. Agatha is potentially planning to change this during her time in office.

– This article was originally posted at CryptoTraderNews

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