Chamath Palihapitiya Has Decreed That He Wouldn’t Be Contesting The Elections For California

chamath Palihapitiya
chamath Palihapitiya

Chamath Palihapitiya, the candidate from California known specifically for his enthusiasm regarding bitcoin has taken himself off the race for Governorship. The election will be conducted in the latter half of the year. In a recent podcast called All In- one of the several podcasts that he hosts, Chamath Palihapitiya spoke about how he had ruled himself out of the running for the Governor’s post. Armed with quite an impressive CV- the chairman of Virgin Galactic, along with being the CEO of Social Capital, Chamath was quite excited about the entire event.

Chamath Palihapitiya Might Be The Governor Only If He Could Pass Quite A Few Laws In A Small Time Span

So much so, that he put up a website which was titled ‘Chamath for California Governor’, whilst declaring his intentions to run for the post on Twitter. On his podcast, Chamath made a complete turnaround of his earlier excitement and spoke about how he was still not ready to deal with Governorship. He distanced himself from the talks about elections- after asking the citizens to put in around 1% of their savings in bitcoin. 

Chamath Palihapitiya’s reason for backing out- he is currently involved in a project that would serve quite a lot of other places along with California. This entails that he is simply not ready to deal with the added pressure of Governorship along with the project- which he couldn’t give up either. 

Gavin Newsom- the current Governor of California is in for a recall over how his administration handled the entire pandemic in California. The petition circulating throughout needs around 1.5 million signatures- and currently has 1.2 million signatures. LA Times has reported that quite a few citizens of California want Newsom back. 

On his podcast, Chamath Palihapitiya didn’t forget to talk about the GameStop stock which the millennials bought in a classic case of what was to be called ‘insiders versus outsiders’.