The Dollar Wrecking Ball: Why is a strong US dollar so dangerous?
The rising US dollar strength is starting to produce cracks across economies and markets.
The advantages of the blockchain technology are widely recognized by reputed individuals and corporations, including Andrew Yang, one of the Democratic Party candidates for the 2020 U.S. Presidential election. Yang said that, thanks to recent advancements in technology, Americans will not have to stand in long queues to cast their votes. Yang’s views reflect the endorsement for blockchain technology and skepticism of existing technologies, saying that, unlike the latest available technologies, traditionally used machines are not protected against unauthorized access or hacking.
Yang talks about his long-term plans of modernizing the voting infrastructure by an effective use of the latest technologies if he was elected President. This step would reform the existing voting methods by simplifying the process of voting and making it secure. The aim of this step is to increase the number of Americans taking part in the voting process.
“It’s ridiculous that in 2020 we are still standing in line for hours to vote in antiquated voting booths. It is technically possible to have fraud-proof voting on our mobile phones today using the blockchain. This would include all Americans – those without smartphones could use the legacy system and lines would be very short,” said Yang.
Yang is one of the few crypto-friendly Presidential candidates. This news comes almost a month after it was announced that Andrew Yang’s Super PAC (Political Action Committee) would be accepting bitcoin donations through the Lightning Network solution.
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