Andrew Yang's platform is becoming more well known - a Universal Basic Income (U.B.I.), a Value Added Tax to pay for it and capture revenue from big tech companies, Data ownership overhaul to put control back in individual's hands, and so on. Having someone that understands the digital world we live in these days would be a step in the right direction for the White House.
As a side note, I wasn't aware that Yang is an advisor on the "MANNA base project" (referral link) . Last year, many Steemians joined up to this and are probably still receiving a weekly distribution.
Yang's blockchain suggestion:
One proposal that is a very downplayed part of his platform is related to Blockchain and this so-called Digital Social Currency. In the podcast that @acidyo recently linked to in this Post not long ago, Yang discusses this idea in some detail. Openly admitting that his campaign team urge him not to really discuss Cryptocurrency and Blockchain during campaign events - due to the general public's lack of understanding of the movement.
Currently, Yang's policy page calls the proposal "Modern Time Banking" and it does not mention Blockchain or Cryptocurrency at all. However, that is how this proposal would work, the time banking credits would be a form of crypto, all tracked on a blockchain. The "app" attached to it sounds basically like a crypto wallet. Here are some quotes from the current policy:
Enter Modern Time Banking. Volunteer activity and community engagement would be tracked by an app and seeded, initially, by the government. After that, local administrators would oversee the program.
Signing up for an account would allow you to track your running tally, along with an “unspent” total. As noted above, you could offer time banking points to a neighbour for watering your plants or taking your mail in while you’re away. But there could also be specific promotions where you could trade in your points for special experiences, such as tickets to a local ball game or meeting with a government or civic leader.
Crypto/Digital Asset regulation.
Yang has policies outlined for Digital asset regulations.
Create clear guidelines in the digital asset world so that businesses and individuals can invest and innovate in the area without fear of a regulatory shift.
Yang wants to place some clear guidelines and regulations in place. His goal is to create national regulations so that rules don't vary from state to state, and provide clarity and certainty to the industry. The wording of the policy is vague enough to be non-threatening to "no-coiners" but it is pretty clear that Yang is not anti-crypto.
Yang is pro-crypto.
I think it is safe to say that Yang is not opposed to crypto, and is the most likely candidate to put a realistic framework in place to allow the co-existence and perhaps even flourishing of both systems. He certainly has a similar "abundance" mindset to a lot of the crypto space.
As a non-American, it is interesting to watch the Democrat selection process from afar. Australian politics is mostly pretty boring, and dominated by bureaucrats and bland suits. The only variety we get in my opinion is the occasional crackpot and they tend to sit on the margins, gain a bit of publicity occasionally and generally make a fool of themselves. The sad part is that sometimes these crackpots do end up with some power - for the Aussies here - Clive Palmer, Pauline Hanson, and the ever embarrassing Barnaby Joyce. Some would argue the Prime Minister Scott Morrison would fit here, but I think not.
I am hoping that Yang does win pre-selection, I think a Yang v Trump election would be fun to watch... I know who I would vote for if I had the chance.
Thanks for reading,
JK.
Hmm very interesting, too bad hes a socialist though
I don't see him or his policies as socialist. He isn't anti business, just trying to make sure people don't get left behind.
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If you are anti Business, than you are inversely socialist IMO.
I feel Yang is pro business, particularly small business and his UBI would encourage more people to try their hand knowing there is a safety net if they are unsuccessful.
I agree with this:
But I disagree with the premise that Yang is anti-business.
To me, socialisms main objective is the redistribution of wealth (by force). It's important to highlight "by force" because so much of our past is about fighting for liberty and freedom. UBI is anti-freedom for many reasons.
The true cause of wealth gap is actually monetary policy .Most of what we hear from mainstream media is pure propaganda and a distraction from the true crime going on behind the scene. I will be creating some articles that will help people uncover the truth about how inflation is the number one cause of the wealth gap.
I'll keep an eye out for your upcoming articles, sounds interesting. Thanks for sharing your input.
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As a serial entrepreneur, he seems to be capitalist to the core.
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Regards @jk6276.
Many of us are aware that cryptography and blockchain are here to stay, this is a reality and will not change. Adoption is real and is about to become one of the most disruptive events for humanity that has occurred in decades.
For this reason it is not surprising that political actors seek to gain advantages by handling the concepts of blockchain and encryption.
The fusion of politics with this technology was something to be expected. In fact, it would be beneficial for cryptography, because it would be giving it the necessary projection, since every citizen of the world should have access to cryptography, so with the impulse that politics can give it, perhaps we would be closer to this milestone.
All best, Piotr