Every industry, group, circle, and secret has its own share of outsiders – cryptocurrencies and blockchain are no exception.

Given that cryptocurrency is the so-called “original” currency on the Internet – the repository of all human knowledge and oddities there – the cryptocurrency sector is arguably home to stranger moments and personalities than traditional and more established industries.

Far from the initially bizarre nature of cryptocurrencies, 2020 turned out to be an odd, if not bad year. Existing social and economic problems in countries around the world have been exacerbated by the emergence of the new corona virus and the response of subsequent governments to it.

Bolivia and Kyrgyzstan have been the subject of political unrest, and the US presidential election raised more doubts about the country’s future than the security of a peaceful transfer of power.

Kanye West’s fashion brand has received $ 5 million in small business aid from coronavirus. Hackers trashed Zoom meetings. The Tiger King has become a brief obsession. A group of celebrities performed the song “Imagine” and it was just awful. The list of eccentrics and villains continues.

Cryptos 2020 is no exception, with its fair share of eccentric billionaires, mistakes, power constraints, and political views. So, since we’re talking sayonara until 2020, let’s take a look at some of the strangest moments in crypto this year.

Encryption heads
It has been a big year for cryptocurrency adoption. Large financial companies entered Bitcoin (BTC) with massive allocations and investments from banks and mutual funds.

As cryptocurrencies become an increasingly ubiquitous financial instrument, they inspire admiration and anger among those in the corridors of power. Officials have spoken out against government approval as shadow politicians around the world seek to take over digital currencies.

Therefore, it should come as no surprise that someone in the cryptocurrency community has tried to influence the regulatory discourse about cryptocurrencies. However, a select few have tried to do so as President of the United States.

Renowned eccentric American computer scientist John McAfee announced his candidacy for the presidency as the “encryption candidate” in 2018. Things got even more interesting, however, when he began his campaign from abroad, when he allegedly escaped capture by the US authorities, who pursued him for taxes. … The operations are said to have been assisted by a vision correction campaign manager.

McAfee has repeatedly mentioned that he is running for president only to raise awareness of cryptocurrencies, and he never expected to win.

In May 2020, McAfee resigned his candidacy for the presidency instead of running for vice president, as the Liberal Party, in which he applied for the presidency, allows the vice presidential candidate to run separately.

Brooke Pierce, a former child actor and venture capital owner in cryptocurrency, participated relatively late in the summer of 2020.

Co-founder of Block.one, the organization behind EOS, Pierce appeared in British comedian John Oliver’s Last Week Tonight, in which Oliver drew attention to an exotic, enigmatic image of EOS’s past and his unicorn wedding at the legendary American art festival. Burning man.

Peirce’s strategy and campaign publicity were much softer than McAfee’s. In addition to working on a platform that prioritizes cryptocurrency development, it also has clear guidance on a number of other related issues, including criminal justice reform, universal income, and healthcare.

As we well know, none of them won. After the campaign ended, Pierce was largely silent on the radio, and McAfee is said to be in a Spanish prison, so there will be no unicorn themed in the Rose Garden and no one will smoke bath salt in Roosevelt’s room.

Drama and Bitmain
The details of corporate governance are often unknown to the layman, as all important decisions and discussions take place behind closed doors. One can imagine the acquisitions of Machiavelli and sycophants fighting over peaceful characters, as in the case of the billionaire or the wolf of Wall Street.

The case of Bitmain, one of the largest Bitcoin mining producers, seems to follow this stereotype.

In an extremely gripping story to write for television, the friends and co-founders of the bitcoin mining giant are involved in a bitter struggle for power over a company that impacts its core business.

Last October, Bitmain co-founder Mikri Zhang was fired from the company for trying to “save the ship” by another co-founder of the company, Jihan Wu.

It is reported that the conflict began due to Jean’s disproportionate control over the company. He reportedly owns twice as many shares in the company as Wu, but the shares have been reduced as the drama began to unfold.

Source: CoinTelegraph