Democrat Newson won against Republican John Cox by a landslide. 51-year-old Newsom had been trying his luck to become governor for a decade and has finally succeeded to become the governor of California state.
Gavin was the first governor to accept Bitcoin back in 2014 to show his support to the technology. He is also a supporter of Bitcoin sites and regulated exchanges.
He had said:
“I should promote the technology ever so subtly by saying I’ll accept bitcoin in the campaign.”
Although Gavin started off accepting Cryptocurrencies for his campaign this year he later took it off his website due to the ban on donations.
There have been controversies this year over politicians accepting Cryptocurrency donations to their campaigns. Due to worries about foreign interference especially with the use of privacy coins like Monero, many of the politicians retracted the Cryptocurrency donation option from their campaigns.
Gavin Newsom Tweeted:
Another Bitcoin-friendly U.S Representative Jared Polis has won the Colorado governor race. Polis is a vocal advocate for Cryptocurrencies, he has also published a few action steps in his website on Blockchain integration in state affairs.
Although Bitcoin was first adopted mainly by Libertarians as it is the perfect Utopian currency, it has found fascination amongst people of all political beliefs and diverse backgrounds.
A currency in itself should be neutral and should not be tied with politics.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…
As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…
Did you know that 85% of DeFi value is concentrated in six blockchains? DeFi is…
CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…
Join us at BFC 2024 to explore the future of Web3. Use a special discount…
Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…