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U.S. Senate candidate wants to make Dogecoin a legal tender in California

Timothy Ursich has urged Tesla CEO Elon Musk, as well as Dogecoin co-founder Billy Markus, to support his campaign in California.
Timothy Ursich, a US Senate candidate, has stated that he wants to make Dogecoin legal tender in California.

Ursich stated that he intends to support the crypto industry fully and adequately by advocating for the widespread adoption of the new financial technology. He also suggested that cryptocurrency be used to combat inflation, tweeting an image with the words “coins with limited supply” and “strong adoption” that could be used to hedge against inflation.

The medical practitioner hopes to realize his dreams with the help of the cryptocurrency industry.

In a tweet sent earlier today, he urged Tesla CEO Elon Musk and Dogecoin co-founder Billy Markus to support his campaign in California.
According to his official website, cryptocurrency represents an opportunity for Americans to spend their money in a way that they believe is best for them. It went on to say,

Cryptocurrency should not be feared, but rather welcomed.

Along with his crypto plans, if elected, the non-career politician prioritizes healthcare and mental health.

California is one of the few states in the U.S with crypto-friendly legislation. Governor Gavin Newsom recently signed an executive order aimed at better regulating the state’s industry.

The co-founder of Dogecoin responds

In response, Billy Markus has stated that he will not vote for the Senate candidate. He said this in response to a question from one of his followers. Despite Billy Markus’s lack of support, Dr. Ursich has stated that he will not abandon his Doge plans.

Timothy Ursich, a US Senate candidate, has stated that he wants to make Dogecoin legal tender in California

Elon Musk has yet to respond to Ursich’s endorsement request.

How feasible is the strategy?

Dogecoin’s chances of becoming legal tender in California are slim because US law prohibits state governments from creating new currencies or legal tenders.

Aside from that, Ursich is running against Senator Alex Padilla, who many believe has more support than the other candidates.

U.S. Senate candidate wants to make Dogecoin a legal tender in California

Nonhlanhla P Dube

Nonhlanhla P Dube is a senior news reporter at Rateweb. Nonhlanhla is a student of International Relations at the University of South Africa. She reports primarily on personal finance and economics. You can contact her directly by email at [email protected]

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