- Back in July, Brock Pierce one of the biggest cryptocurrency pioneers announced over a tweet that he will be running for the upcoming presidential elections of the United States of America.
- Pierce was endorsed by the Independent party last week.
- Moreover, his decision to stand for the presidential elections means a lot to the cryptocurrency industry because of his diversified cryptocurrency background.
Back in July, Brock Pierce one of the biggest cryptocurrency pioneers announced over a tweet that he will be running for the upcoming presidential elections of the United States of America. However more recently, the presidential candidate has added a new skill, third-party presidential hopeful to his candidate resume. Pierce was endorsed by the Independent party last week.
Pierce Says That Creating a Third Major Party is the Only Aim
The Independence Party of New York Chairman Frank MacKay, during a news conference in Farmingdale said that when they endorsed Pierce for the presidential elections, they didn’t mean that he could be the next US president but they meant that he could be a future president of the US. Again, Pierce elaborated that his main aim was to create a third ‘major’ party rather than a mete third party.
The party has almost 5,000000 across the state and is ranked fourth after, Republican, Democrats and individuals who are not a part of any political party.
What Pierce Thinks of the Ongoing Situation in America
Brock Pierce is an American entrepreneur and a famous venture capitalist.Pierce is the Chairman of the Bitcoin Foundation. Pierce has established various companies like the first ICO, Mastercoin and co-founder of EOS Alliance, Block.one, Blockchain Capital, Tether. According to his online portfolio, his business ventures with all the companies and organisations have raised an amount of over $5 billion in total.
According to him, American’s greatest drawback as a nation included its preparation regarding the developments in the field of technology. Moreover as we all know a national debt which anticipated to become larger than the USA’s economy in the last 75 years. In addition the recovery from the pandemic and criminal justice systems are some of the questionable features of the US government.
What This Means to the Crypto World
Indicating the recent, George Floyd incident, Pierce said that they can’t afford to have cops murder innocent people. What they needed was a better and re-evaluation version of their training. Clearly, it is visible that Pierce has been actively canvassing his roles as a future president. Moreover, his decision to stand for the presidential elections means a lot to the cryptocurrency industry because of his diversified cryptocurrency background.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.