Washington sources reported that Andrew Yang, a second generation Chinese American running for the 2020 US presidential race as a Democrat, has announced his acceptance of crypto currency as forms of donation, according to Yang's campaign. Meanwhile Xinhua news agency reported that the campaign on Monday announced that it can accept Bitcoin, Ethereum, and anything on the ERC20 standard within a maximum of $2,500.
Accordingly Venmo payments of up to $2,700 are also acceptable. Moreover the campaign has also used other tech innovations including Twitch and Instagram TV to live broadcast campaign events. Reports stated that donors will receive a form that will allow the campaign to verify their voter qualifications, after which it will send a crypto currency wallet address to allow them to make donations. Meanwhile Yang, 43, founded the New York based entrepreneurial fellowship organization called Venture for America.
Furthermore he authored a book called "The War
on Normal People" which argues in favor of a universal basic income of
$1,000 a month for all US citizens between the ages of 18 to 64 and he also
opposes artificial intelligence and automation technology. Further Yang favors
a new type of capitalist economy called "human capitalism" that is
geared to maximize human well-being.
