Janice McGeachin, a Trump-backed candidate for governor of Idaho, has stated that if elected, she will make Idaho a “safe haven” for Bitcoin. This comes as impending federal regulations continue to pose a great threat to digital tokens throughout the world.
The announcement of the candidacy caught the attention of many bitcoin enthusiasts, who responded positively. One person said:
“I like the idea of blockchain technology. I believe there are newer avenues into this technology other than using Bitcoin though. So make sure you look at all the pros and cons of the technology before endorsing just one possible outlet.”
Idaho received the title “gem state” due to its vast mineral resources, with silver, gold, and cobalt mines supporting industry over the ages, providing the state a wealthy source of money and an appealing location for growth. Soon, the state may be recognized for mining once more, although in the digital environment of cryptocurrency.
Janice, who has President Donald J Trump’s unconditional backing, is competing against the current governor, Brad Little, who has acquired the moniker ‘RINO’ for his Republican in Name Only policies on lockdowns, masks, and other sorts of COVID restrictions.
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