Chamath Palihapitiya, an early investor in the Bitcoin Trade and an industry proponent, has been eyeing the seat of the governor of California. He signaled his running candidacy for the position. He announced this information through a post on the social media platform Twitter on the 26th of January. His tweet included several hints of governmental promises, attached in links to his own website.
The promises included substantial tax cuts, eradicating student loans, a hike in salary of the teachers, as well as handouts for newer births. Chamath Palihapitiya seems to be getting ready for the next election run in 2022. He may also be readying himself for any special election. There could be other possibilities, but for now, nothing has been concretely confirmed.
Who Is Chamath Palihapitiya
Chamath Palihapitiya is a billionaire businessman. He is the Chief Executive Officer of Social Capital, a venture capital company. He also tweeted, joining several special efforts by recalling votes for Gavin Newsom, the running governor of California. His intentions still remain unclear. The only known is his involvement politically.
Newsom has been gaining polarized criticism for his governing body. While some have pointed out his efforts for shutdowns that were inconsistent, or the distribution of the vaccine of the Covid-19 viruses. His recent open of the stay-at-home order in California also garnered polarized reactions, especially criticism from the health workers. Chamath Palihapitiya added that he has inventions to hold California’s reputation as the technology hub of the state.
He is also one of the earlier investors in Bitcoin, the oldest crypto firm in the world. He had reportedly bought a million of its tokens. Forbes reported last year that the business magnate had at once allegedly owned 5% of the total BTC capacity. He bought them when they were priced 80 dollars for every coin.
