US Presidential Election 2020 : Starbucks Former CEO Up Against Trump

US Presidential Election 2020 are going to be a big battlefield. President Donald Trump will be having a whole lot of people to deal with. The latest one being the former CEO of Starbucks.

US Presidential Election 2020 : Starbucks Former CEO Howard Schultz

The previous CEO and chairman of Starbucks, Howard Schultz, has declared he is thinking about an independent run in the pending US Presidential Election 2020, in a tweet posted on Jan. 27.

“I love our country. And I am seriously considering running for president as a centrist independent,” he composed — provoking a spate of critical reactions. With most experts contending that an independent candidacy would lessen the probability of a fruitful, unified Democratic option in contrast to a second Trump presidential term.

For observers in the crypto space, a Schultz run would display a mind-boggling picture.

Howard Schultz is a Bitcoin skeptic

In a transcript of Starbucks’ Q1 2018 profit call distributed last Jan. 26, Schultz made broad comments about his view of Bitcoin (BTC) and other blockchain-based cryptocurrency, with regards to talking about what he portrayed as “the entrepreneurial DNA of Starbucks and [the need to] constantly hav[e] the curiosity to see around corners and make big bets.”

Schultz stated:

“I’m bringing this up because as we think about the future of our company and the future of consumer behaviour, I personally believe that there is going to be a one or a few legitimate, trusted digital currencies off of the blockchain technology. And that legitimacy and trust in terms of its consumer application will have to be legitimized by a brand in a brick-and-mortar environment.”

Accentuating that Starbucks is neither making its very own digital cash nor putting resources in the technology, he focused on that the company “is in a special position to take advantage” of an eventual fate of consumer-centred blockchain-based computerized monetary standards.

Strikingly, Schultz remained immovably dismissive of Bitcoin, saying he “doesn’t trust it will be a cash today or later on.”

John Mcafee’s Campaign :

As detailed, Starbucks was provoked to freely disprove media reports a year ago which had proposed its association in the Bakkt digital assets ecosystem would include customers having the capacity to buy things at Starbucks with digital forms of money.

As respects, another presidential contender for the US Presidential Election 2020, United States Senator Elizabeth Warren, a prominent Democrat who has reported her bid, is known crypto and introductory coin offering (ICO) skeptic.

Then again, developer and crypto enthusiast John McAfee is venturing to so far as to make an offer for the administration with the acknowledged aim of advancing permissionless cryptocurrencies as a major aspect of an expressly libertarian plan. In any case, after an alleged indictment by U.S. tax authorities, McAfee has proclaimed he will run his campaign “in exile” from a boat in universal waters.

Source: MSNBC, Coin Telegraph

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