Gavin Newsom, an early Bitcoin adopter and advocate, was elected as a Governor of California.
Democrat Newson won a resounding victory against Republican John Cox. The new Governor of California responded to the event by a passionate tweet:
Now is the time for going far and going together. For facts. For trust. For truth. Now is the time for leaders to lead.
This is California’s moment. Incredibly honored and privileged to serve as this great state’s next Governor. pic.twitter.com/DGFcfZOS7d
— Gavin Newsom (@GavinNewsom) November 7, 2018
51-year-old Newsom is the first U.S. politician to accept cryptocurrency donations to his election campaigns. While still on the way to his governorship, he stated:
“I should promote the technology ever so subtly by saying I’ll accept bitcoin in the campaign.”
He kept his promise, but in September 2018, the Fair Political Practices Commission (FPPC), which is the state’s political watchdog, prohibited political donations in cryptocurrencies under the pretext of the difficulties with tracking the origin of such donations and political transparency concerns.
Back in June, well-known crypto advocate John McAfee announced his intention to run for the U.S. presidency in 2020.
Another crypto-friendly congressman, Jared Polis, has recently won the Colorado governor race. Polis has been vigorously advocating cryptocurrencies by publishing quotes on the prospective nature of the blockchain technology as applied to state management and administration.
This August, congressman Bob Goodlatte was first to disclose his personal cryptocurrency holdings among the U.S. politicians. According to his statement, he has invested in bitcoins, ethers and bitcoin cash.