Bitcoin Advocate Ian Calderon Enters California Governor Race

Pro-Bitcoin Politician Joins California Governor's Race

Dennis Porter of the Satoshi Action Fund unveiled a significant announcement: Ian Calderon, former Majority Leader of the California State Assembly, is running for California Governor. Calderon aims to champion Bitcoin-friendly policies and address economic challenges facing the state.

Calderon's Vision for California

Calderon, who identifies as the first millennial elected to the California legislature, emphasized the economic struggles of younger generations, particularly the difficulty of achieving homeownership. He believes Bitcoin can provide solutions to these problems and is a key component of his campaign.

"The greatest wealth creation vehicle in the history of California — generational homeownership — doesn’t exist for them,” he said, implying Bitcoin could solve the problem.

Calderon has a history of supporting blockchain technology. In 2018, he introduced legislation to create a California Blockchain Working Group. More recently, he collaborated with Dennis Porter on a proposal to explore making Bitcoin legal tender in California.

Bitcoin's Bipartisan Future

Porter stressed the importance of bipartisan cooperation for Bitcoin-related legislation. He cautioned against Bitcoin becoming a partisan issue, highlighting the need for at least 60 votes in the Senate to pass meaningful crypto market structure reforms.

He expressed optimism about the potential for bipartisan agreement, noting his efforts to engage with Senate offices from both parties.

Key Takeaways:

• Ian Calderon, former CA Assembly Leader, is running for Governor on a pro-Bitcoin platform.
• Calderon emphasizes Bitcoin's potential to address California's economic challenges, particularly for younger generations.
• Dennis Porter warns against Bitcoin becoming a partisan issue and emphasizes the need for bipartisan cooperation in Washington.