Bitcoin Millionaire US Senate Candidate Bought From DOGE and 3 Altcoins!

 

Blake Masters, one of the top Republican candidates in Arizona's 2022 Senate race, owns over $1 million in Bitcoin, according to a recent filing. Masters, a close ally of billionaire Peter Thiel, recently suggested that the US government buy the largest cryptocurrency as a strategic reserve asset. Masters also says he is interested in DOGE and 3 altcoin projects. Here is a Senate candidate's altcoin basket…

Besides DOGE, ETH and 2 altcoins, there are also precious metals!

The 34-year-old tech executive is known to have a large number of altcoins in his portfolio besides Bitcoin, including Ethereum, Dogecoin, Litecoin, Zcash and others. Masters also holds physical gold and silver. Blake Masters, a Senate candidate, is required to report financial statements in order to combat insider trading, under the STOCK Act passed in 2012. Masters voices his support for US lawmakers banning individual stock trading to avoid potential conflicts of interest:

It is either corruption because you are dealing with non-public information, or it fuels the image of corruption.

Crypto friendly Politicians

On October 7, Senator Cynthia Lummis (R-WY) also announced a new Bitcoin purchase of up to $100,000. Wyoming's former state treasurer was one of the most vocal cryptocurrency advocates among American lawmakers. Former presidential candidate Andrew Yang, who recently left the Democratic Party and started the Forward Party PAC, described himself as a "major proponent" of Bitcoin in a recent tweet:

Big proponent of Bitcoin and cryptocurrencies in general – and wants to let fiat prices fall as they should as things get more efficient rather than assuming an inflation model.

Texas Senator Ted Cruz has also emerged as an ally of the cryptocurrency industry. However, Former President Donald Trump, who remains undoubtedly the most influential Republican despite his failed re-election bid, remains very critical of cryptocurrencies. In a recent interview with Yahoo Finance, he suggested that the US dollar threatens its status as the global reserve currency.