Crypto emerge as the Hottest New Political Token

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Crypto emerge as the Hottest New Political Token
25 Apr 2022
6 min read

News Synopsis

Recently, Mayor of Miami Francis Suarez unveiled a new symbol in his city. He unveiled a black, lego-like mechanical beast with glowing blue eyes and bronze horns, the new bull is meant to indicate the rise of crypto and Miami’s status as a Cryptocurrency hub. Lately, Politicians are increasingly providing their support behind digital currencies and assets to attract voters and it looks like it is working out in their favor. Dara Tarkowski, a Chicago attorney who specializes in financial technology and cryptocurrency said that this might be a natural result of the growing crypto space as more Americans and others around the world dive in.

Tarkowski said, "If you look statistically at the number of people that have started investing in crypto and becoming very interested in NFTs, it would almost be foolish for a politician to not pay attention to that." According to a poll conducted by NBC in the month of March, One in six Americans has invested in, traded, or used crypto in some capacity. Despite two election losses, Andrew Yang plans on making his new political group, known as the Forward Party, the "Crypto Party" in an effort to imfuse the technology into the mainstream. Eric Adams, New York City’s Mayor informed that he converted his first three paychecks into Bitcoin, and Ether.

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