successfully started a new fund thats raised 40 million from two public pensions, a university endowment, an insurance company, a hospital system and a private foundation. Overall, the number of days in employment, and total labor market earnings, were no higher for those receiving the basic income than for those in the control group, a report into the results. Let us know in the comments below! According to Greshams Law, bad money would drive out good money, which in this case would be bitcoin that people would be incentivized to hold as a store value against a constantly depreciating currency like the US dollar. Yang said he would, in fact, increase gross national debt at first, but reap back benefits in added productivity and tax restructuring. As reported by Ethereum World News previously, the indicator, which somewhat called the 2018 top, recently issued a buy signal for the first time in over two years.
Will Bitcoin (BTC) Skyrocket in 2019?
Please note that The Daily Hodl participates in affiliate marketing. As this outlet covered extensively, Bitcoin rapidly surmounted key resistance levels on the back of a record-setting influx of buying pressure, with BTC finding itself above 5,000 for the first time since November. Andrew Yang, the pro-Bitcoin 2020 US presidential election candidate, wants to pay every adult American a universal basic income (UBI) of 1000 a month, which would likely be very bullish for bitcoin price. The things Im recommending are not pie-in-the-sky or utopian at all; theyre actually things we should have done years ago, Yang concluded in the promotional video.
But, the trader makes it clear that in the coming weeks, BTC could start to test those resistances in an act of breaking out. The company has invested in a long list of blockchain and cryptocurrency startups including Bakkt, AlphaPoint, BitGo, BitFury, Bitstamp, Block. Join us on Telegram, follow us on Twitter, disclaimer: Opinions expressed at The Daily Hodl are not investment advice. They got delayed a little bit because the government shut down. Discussing how he would fund the Freedom Dividend, Yang gained the support of Max Keiser, a serial Bitcoin bull who remains highly critical of US debt-driven economics.
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