Libertarian Presidential Candidate Proposes ‘AmeriCoin’ to Achieve American Dream

Adam Kokesh, the first libertarian candidate of the 2020 U.S. presidential race, has appointed Alastair Caithness as his chief blockchain policy advisor. The purpose of this role will be to work on the development of a sovereign cryptocurrency, known as AmeriCoin.

Going forward, Caithness will focus on the development of a cryptocurrency pegged to all the assets of the Federal government. These include the U.S. government’s substantial land, energy, gold, timber and mineral reserves, Associated Press reported on March 11. 

To achieve the American Dream

As such, Kokesh aims to create a new decentralized monetary system, with AmeriCoin as its backbone. Through AmeriCoin, citizens are set to receive universal basic income and compensation for existing governmental tax and policing policies. In the candidate’s view, institutional inequities such as these prevent citizens from achieving their own vision of success within American society, or the so-called American Dream.

Caithness’…