Blake Masters believes that the U.S. government should purchase bitcoin as a strategic asset to reverse China’s ban.
Read: Bloomberg Chief Commodity Expert, Mike Mcglone Says That Bitcoin May Still Hit $100,000 In 2021
Masters, currently running for the U.S. Senate seat to represent Arizona, announced that his campaign accepts donations in BTC.
He said:
“China banned cryptocurrency last week.
Let’s do the opposite. The U.S. government should buy a strategic reserve of Bitcoin — Fort Nakamoto, the new Fort Knox.
Related: my U.S. Senate campaign now accepts BTC donations. D.M. me or write bgm@blakemasters.com for info & to donate.”
China banned cryptocurrency last week.
Let’s do the opposite. The US government should buy a strategic reserve of Bitcoin — Fort Nakamoto, the new Fort Knox.
Related: my U.S. Senate campaign now accepts BTC donations. DM me or write bgm@blakemasters.com for info & to donate.
— Blake Masters (@bgmasters) September 27, 2021
Masters will face Arizona Attorney General Mark Brnovich and solar power businessman Jim Lamont, among other candidates in the Republican primary race.
After announcing his plan for the Senate seat in July, billionaire Peter Thiel and Fox News anchor Tucker Carlson endorsed the venture capitalist.
Read: Twitter rolls out tips feature globally and adds bitcoin tipping via Lightning
According to Senator Patrick Joseph Toomey Jr.’s (R-PA) tweet, the United States can benefit a lot from anti-crypto actions by the Chinese government.
China’s authoritarian crackdown on crypto, including #Bitcoin, is a big opportunity for the U.S. It’s also a reminder of our huge structural advantage over China.
— Senator Pat Toomey (@SenToomey) September 24, 2021
Microstrategy CEO, Michael Saylor In his comment, he has shared a fascinating fact that any technology that China bans has turned into huge success:
Read: Microstrategy CEO, Michael Saylor On China Banning BTC And Crypto
“Nothing has created more wealth in the past decade than technologies banned in China. #Bitcoin”
Nothing has created more wealth in the past decade than technologies banned in China. #Bitcoin
— Michael Saylor⚡️ (@michael_saylor) September 24, 2021
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
