Agatha Bacelar is looking to contest for US Speaker of the House of Representatives position in the next election cycle, going up against Nancy Pelosi. The 27-year-old Brazilian-American immigrant from a STEM background believes the county’s governing body is antiquated, and the US could get left behind – ho, and she is looking to raise $1 million in crypto for her campaign.
The reason Bacelar is on this mission to raise these funds, in Bitcoin, Bitcoin Cash, Ethereum, Litecoin or USDC, is that she wants to match Pelosi’s stock in social media giant Facebook. But the reason she is after the role is to try and invigorate economic freedom.
Cryptocurrencies have long been heralded as a way to achieve financial freedom, and this has often been vindicated by the push back they receive from regulators, banks, and even governments. There is a sweeping wave of reinvigoration in certain major sectors, and often they are off the back of blockchain and cryptocurrency.
Looking a little more into US politics, one candidate for the Presidential race, Andrew Yang, has made no bones about his belief in blockchain and cryptocurrency, forming a number of policies around the technology.
Bacelar’s manifesto bears some similarities in tone and style to Yang’s as she denounces the legacy of the traditional political nature in favor of a fresher approach.
“Agatha is running against Nancy Pelosi because it’s clear that the political establishment wants to hold back a future where economic freedom is afforded to all,” her donation page reads under the title “Put a Crypto Tech Advocate in Congress.”
“We need a future where we are able to use the incredible people-power of blockchain technologies to build a better, more just, and innovative society,” the write up goes on.
Thus far, aided by major US exchange Coinbase, she has raised $5,000 in the aforementioned coins with the end goal of $1million still far off. She has been a congressional representative since 1987, and will also be defending her spot in the upcoming 2020 primary elections against three other Democratic candidates, although she is seen by many as the long shot.
Of course, this cryptocurrency and blockchain manifesto bit may be working its way into mainstream politics, but for now, it is still mostly seen as a gimmick, or as quite a niche platform. Undoubtedly, there is room for the use of the technology in the future, and it is relevant for political candidates to be aware of its impact, but it does not seem strong enough to swing enough voters.