Blockchain & Crypto Adoption Receives Enhanced Support: 2020 Democratic Presidential candidate, Eric Swalwell Gets On Board
There’s been a really powerful struggle in the crypto space in order to achieve mainstream adoption of digital assets, and fortunately, things seem to be going better and better.
This is one of the most important goals that the crypto community has, and it might not take too long before it’s achieved.
Eric Swalwell launches a crypto donation campaign
Another great news hits the cryptosphere as the 2020 Democratic Presidential candidate Eric Swalwell gets on board with the blockchain technology. He is launching a crypto donations campaign.
Swalwell seems to be extremely enthusiastic regarding the crypto and blockchain subject as he said that the blockchain tech has the power to change the world if we allow it.
It’s also interesting to note the fact that Swalwell has been tech savvy for a really long time and he was even crowned The Snapchat King of Congress back in 2016. He’s also been a massive supporter of the needs of millennial Americans.
He pointed out to the fact that a huge part of our lives today is online and “there’s no reason to believe we can’t extend this further into our democracy and our economy – from exercising our right to vote, to how we look at cryptocurrency.”
The White Company paves the way for a better future
Swalwell also said that the White Company which was created by Elizabeth White is paving the way to an innovative era and a more secure future for all of us.
He stated that government and politics should keep up with the innovation and embrace the new wave of emerging technologies.
The official press release states that Obama’s fundraising has been boosted a lot from the social media tech, and now Swalwell will benefit from the innovative blockchain tech.
Swallwell brought up the success that Obama had and the fact that more and more politicians have embraced crowdfunding and social media after that.
He also believes that by taking advantage of crypto donations, we basically value the “democratization of financial services to everyone, not just the wealthy.”
Political consultant Ron Baldwin of Baldwin Strategies also leverages the use of blockchain technology saying that the tech’s potential to transform is highly recognized especially by voters under the age of 35.
Bitcoin ownership, on the rise in the U.S.
Bitcoin, crypto, and blockchain technology have been gaining enhanced attention, and Bitcoin’s role in the American economy has been gradually growing.
The crypto market had also matured a lot since last year when, despite the crash, the market made sure to separate valuable projects from the weaker ones.
Millennials represent the sector of the population that’s becoming more and more interested in the cryptocurrencies and the underlying blockchain technology.
Crypto ownership is expected to rise in the future in the U.S. and all over the globe and, as we said at the beginning of this article, the important movements that have been taking place in the cryptosphere will lead towards the mainstream adoption of digital assets in an effort to embrace the future and the innovations of technology.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.