2020 Presidential candidate Tulsi Gabbard invests in cryptocurrency

US Congresswoman Tulsi Gabbard of Hawaii is running for president of the United States in 2020. In December 2017, Gabbard bought Litecoin and Ether at the height of the crypto bull market, according to federal filings.

“I have decided to run and will be making a formal announcement within the next week,” Gabbard tells CNN on Jan. 12 (see video below).

“There are a lot of challenges that are facing the American people…that I want to help solve.”

Gabbard: US Must Stay out of Mideast Wars

Gabbard says her main concern is to make sure that the US does not continue to intervene in ongoing conflicts in the Middle East.

Her other priorities include climate change, health care, and criminal justice reform.

There is one main issue that is central to the rest, and that is the issue of war and peace.

Gabbard, 37, is a fresh, energetic face on the American political scene. However, her chances of winning the Democrat Party’s nomination are slim, given the huge field of candidates.

For example, Senator Elizabeth Warren of Massachusetts is also running for president. Warren is a crypto critic who says the virtual currency market is full of scam artists.

Gabbard Bought Crypto at Height of Market

As CCN reported, Tulsi Gabbard bought $1,001 to $15,000 of Ether and Litecoin in December 2017. At the time, the bitcoin price soared to a record high of $19,500.

It’s unclear how much crypto Gabbard currently holds. However, it’s likely...


Litecoin’s Charlie Lee on the Crypto Bear Markets

Litecoin’s Charlie Lee: Crypto Bear Markets Are a ‘Good Time to Get Stuff Done’

Litecoin (LTC) creator Charlie Lee has dismissed short-term price trends as the upshot of “speculation,” stressing that long-term valuation is a truer measure of crypto’s success, in a CNBC interview August 27.

When asked to what extent price is a meaningful metric for a given cryptocurrency, and whether or not it reflects the current state of its network, adoption, or viability, Lee responded that:

“In the long-term, [price] tells us the success of cryptocurrencies, but short-term it doesn’t really tell us much. For example this year, there’s been so much adoption in Bitcoin and Litecoin, but their price has dropped 60-70 percent. It’s because it’s so volatile, it’s all about speculation these days, but in the future the price will reflect the success of the currencies.”

Lee noted that it was “hard to predict” when 2018’s bear market would turn, saying that having been in...