Cryptocurrency Entrepreneur Brock Pierce To Run For President Of US

By Dalmas Ngetich
Published July 6, 2020 Updated July 6, 2020
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Brock-Pierce US President
Brock Pierce running for President in the United States

Cryptocurrency Entrepreneur Brock Pierce To Run For President Of US

By Dalmas Ngetich
Published July 6, 2020 Updated July 6, 2020

Brock Pierce, the serial entrepreneur and co-founder of Tether (the stablecoin), is now a U.S. Presidential candidate, and will be one of the many angling to contest with President Donald Trump this November. He will be running as an independent.

Brock  Pierce To Run for President


Brock will be campaigning, convincing citizens for votes with a vision of creating a brighter vision for Americans in a challenging year marked by the Coronavirus pandemic.

He seeks to implement better technologies of the 21st century so that Americans can live a more prosperous life under his campaign banner IT GETS BETTER FROM HERE.

“I’ve spent my life creating great things from nothing and I can help others do the same. Entrepreneurs are essential to the rebuilding of this nation that we love, and I’m running in this race because I know that together we can help build a pathway towards the rebirth of America we love so much.”

Roles In Ethereum And EOS

Pierce is one of the early investors in the crypto scene.

With hands at both Ethereum and EOS, he can be aptly described as a shaper who plays a big role in the industry. He has a hand in several high profile crypto companies, raising over $5 billion.

Specifically, Pierce has direct links with EOS and Block.One, and just before cutting ties with the official publisher of EOSIO—where he was an advisor, he helped raise $4 billion for the Ethereum competitor.

However, Block.One found itself on the wrong side of the law, violating an act, and was subsequently fined $24 million by the United States SEC.

He also has a hand at Ethereum—where he purchased a significant amount of ETH coins, and in Bitcoin where he was one of the earliest investors.

The Troubles with Tether and USDT

His project, Tether, is nonetheless mired by controversy.

While it is the largest by market cap and available in over three public chains including Algorand, it claims to be backed 1:1 by fiat currencies and other liquid assets but there has been no public audit of its assets.

There are allegations that after all, what Tether Limited, declares is false. USDT is in some quarters said to have pumped BTC prices to record highs in late 2017.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Dalmas Ngetich
335 Articles
Dalmas is a very active cryptocurrency content creator and highly regarded technical analyst. He’s passionate about blockchain technology and the futuristic potential of cryptocurrencies and enjoys the opportunity to help educate bitcoin enthusiasts through his writing insights and coin price chart analysis. Follow him at @dalmas_ngetich

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