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Presidential Candidate Adam Kokesh Launches Crypto-Fueled ‘Book Bomb’

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Presidential Candidate Adam Kokesh Launches Crypto-Fueled ‘Book Bomb’
Presidential candidate adam kokesh launches crypto-fueled 'book bomb'

The American libertarian and anti-war political activist, Adam Kokesh, is running for the 59th quadrennial U.S. presidential election in 2020. Kokesh says his platform is simple, because as soon as he is elected, he plans to sign one executive order to dissolve the entire federal government. In order to spread his message, Kokesh is raising money to deliver a copy of his 2014 book ‘Freedom!’ in every single residential mailbox in New Orleans right before the Libertarian National Convention.

Also Read: Coinbase Launches Cryptocurrency Trading Tax Calculator

The Book Bomb: ‘Dissolving the Federal Government in a Peaceful, Orderly Manner’

Adam Kokesh is running for president of the United States during the 2020 election cycle. In contrast to the variety of bureaucrats running for office who plan to make government bigger, Kokesh intends to end the federal government in its entirety. His platform is a mix between Dr. Ron Paul and Vermin Supreme, two candidates who ran for president during multiple elections. In order to get his message out, Kokesh plans to raise funds ($143,000 USD) to print and deliver copies of his book ‘Freedom!’ to every mailbox in the New Orleans region. Kokesh says he hopes to deliver roughly 205,000 copies just before the Libertarian Party’s National Convention. The promotion called “Operation Big Easy Book Bomb” was announced on March 15.  

Presidential candidate adam kokesh launches crypto-fueled 'book bomb'

The fundraising will be completely transparent and all funds earned will be documented on Steemit and other platforms. The book will also include a letter describing the Kokesh platform for 2020.  

“The platform is simple — When elected, I will swear in, walk to the White House, and sign one executive order — This executive order will lay out the process for dissolving the federal government in a peaceful, orderly manner,” explains Kokesh.  

With it, I will be resigning as President to become “Custodian of the Federal Government.” The executive order will appoint heads of each federal department, or “Custodians” who will be instructed to carry out a mostly predetermined plan for their departments — The only authority that I will retain will be to replace Custodians if they are unable to complete their responsibilities or are not faithfully executing the plan.

Presidential candidate adam kokesh launches crypto-fueled 'book bomb'
Fueled by Crypto

Fans of the Kokesh campaign and the upcoming “Book Bomb” can donate using Paypal, but much of the Kokesh electoral funding is “fueled by crypto.” For the Book Bomb fundraising, Kokesh is accepting payments in bitcoin cash, dash, ethereum, bitcoin core, litecoin, and monero. Further, the plan for Kokesh to distribute the books has also been bolstered by organizations such as Steemit, Dash, bitcoin.com, and the Libertarian Party.

“When I was in jail for civil disobedience and surrounded by all the great libertarian books that friends had sent me, I realized that we needed one ultimate conversion tool — So I combined all of their best features into one, easy-to-read, 100-page proclamation of ‘Freedom!’,” Kokesh emphasizes.  

The fundraising begins today, and the closing date will be March 25, 2018. Kokesh has added three types of sponsorships for the book drive which includes the ‘Historic Sponsorship’ ($3K or more), Millennial Sponsorship ($700), and the Centennial Sponsorship ($70). All of the funds will go towards the New Orleans ‘Book Bomb’ and any funds not used will be directed towards the next city.

You can read more about “Operation Big Easy Book Bomb” here. 

What do you think about Adam Kokesh running for president of the United States? What do you think about his ‘Book Bomb’ idea? Let us know in the comments below.

Disclaimer: bitcoin.com is a supporter of the Adam Kokesh ‘Book Bomb’ alongside organizations like Dash.org, Steemit.com, and the Libertarian Party.

Images via Pixabay, Steemit, Adam Kokesh 2020, and the book Freedom!

Do you like to research and read about bitcoin technology? Check out Bitcoin.com’s Wiki page for an in-depth look at bitcoin’s innovative technology and interesting history.

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South Korea Tightens Grip, But Won’t Ban Bitcoin Trading

It was only a matter of time until authorities pulled the reins in on one of the biggest crypto trading nations in the world. South Korea, which is responsible for as much as 25% of total crypto trading volume, said on Thursday it will impose additional measures to regulate speculation in crypto within the country.


South Korea Will Ban Anonymous Crypto Trading

As previously reported that more regulations are expected, South Korean regulators have confirmed additional measures to curb illegal activities at cryptocurrency exchanges. According to Reuters, the government noted that trading prices of most digital currencies were much higher on South Korean exchanges than they were on exchanges in other countries.

A government spokesperson made the following statement:

The government had warned several times that virtual coins cannot play a role as actual currency and could result in high losses due to excessive volatility.

The first steps will include a ban on opening anonymous crypto trading accounts. Most exchanges require photographic proof of identity anyway, so this regulation is nothing to be concerned about.

Secondly, however, is a more alarming plan to introduce new legislation which will allow regulators to close virtual coin exchanges if required. This measure had been recommended by the justice ministry, according to the statement.

Previously, South Korea had announced a plan to tax capital gains from cryptocurrency trading to tackle what it perceives as the risk of excessive speculation.

Banks Backing Off

As expected, earlier this week, two major banks in South Korea announced that they are closing reward programs, which allow clients to purchase bitcoins with credit card bonus points.

Commercial banks in the country are increasingly preventing the opening of new virtual accounts, which are necessary to trade on South Korean crypto exchanges.

South Korea Bans Bitcoin Futures As Authorities Consider Crypto Income Tax

In addition to Shinhan Bank and KB Kookmin Bank closing rewards programs next month, Woori Bank and Korea Development Bank also announced that they would be closing all virtual accounts provided to exchanges.

It is no surprise that banks in South Korea and elsewhere are pulling back from crypto; the concept essentially goes against their business model. Unfortunately, in this embryonic industry, traders still need to rely on exchanges, many of which, such as Coinbase, have adopted banking-style models of fees and commissions. Only when crypto trading is truly decentralized and peer-to-peer will the masses start to benefit more than the banks and exchanges.

Will the Korean clampdown affect the markets? Add your thoughts to the comments below.


Images courtesy of Pixabay, PublicDomainPictures, and Bitcoinist archives.

The post South Korea Tightens Grip, But Won’t Ban Bitcoin Trading appeared first on Bitcoinist.com.