Billionaire Bitcoin investor backs away from California governor bid By Cointelegraph



Billionaire Bitcoin investor backs away from California governor bid

Only 10 days after announcing he would run for California state governor, long-time proponent and billionaire investor Chamath Palihapitiya has backed away from the idea in a Feb. 2 episode of The All In Podcast.

Palihapitiya, who started investing in Bitcoin in 2012, has been a vocal critic of current California Governor Gavin Newsom, tweeting the hashtag, “#RecallGavinNewsom” on Jan. 26. The tweet linked to a site saying “Chamath for California Governor” and containing a number of policy promises. However, he’s since thought better of the plan.