Thursday, December 12, 2024
6 C
London

Shiba Inu’s Shytoshi Kusama: New Proposal for Next US President

Shiba Inu’s lead developer, Shytoshi Kusama, has proposed a $2.35 billion plan for the next US president. His Strategic Hub for Innovation in Blockchain (S.H.I.B.) is aiming at building America’s first crypto center. An amazing idea, right?!

The project promises 20,000 new jobs and $5 billion yearly growth from the project. The timing matches the ongoing debate about crypto rules among presidential candidates.

Which candidate do you think would listen to this proposal?

Let’s understand the details of this proposal a bit better. This will allow us to answer the question posed above with clarity.

Also Read: UK Pension Scheme Embraces Bitcoin: 3% Allocation Marks Historic Move

Creative New Plan by Shytoshi Kusama: How Shiba Inu Aims to Influence Policy

The S.H.I.B. Initiative Unveiled

I propose a Strategic Hub for Innovation in Blockchain (S.H.I.B.). I invite either Presidential candidate and/or interested parties to reply if they support this “Silicon Valley for the Blockchain industry”. https://t.co/N5CMYOfPP9

— Shytoshi Kusama (@ShytoshiKusama) November 5, 2024

Kusama made the following statement:

“I propose a Strategic Hub for Innovation in Blockchain (S.H.I.B.). I invite either Presidential candidate and/or interested parties to reply if they support this ‘Silicon Valley for the Blockchain industry.

The plan will turn a US city into a blockchain center. It mixes physical and digital systems to advance American tech and highlights the potential of the Shiba Inu project.

Investment and Economic Impact

Information Source: S.H.I.B. Proposal

The total investment spans 10 years and costs $1.3-2.35 billion. New labs, data centers, and fast internet need $700 million to $1.2 billion. Business support receives $300-600 million, and skills training receives $100-200 million, all part of the Shiba Inu initiative.

Also Read: Elon Musk To Make Donald Trump Talk About Dogecoin?

Job Creation and Economic Growth

Information Source: S.H.I.B. Proposal

The Shiba Inu project starts with 5,000 jobs in planning and building, adding $500 million to the economy. Later, it grows to 20,000 tech jobs, bringing in $2 billion yearly. The final goal shows over $5 billion in annual gains.

Environmental and Regulatory Framework

Green blockchain systems and clean energy will receive $150-250 million. A special testing area will let companies safely test new blockchain ideas, positioning Shiba Inu as a leader in eco-friendly crypto solutions.

Also Read: Medvedev and Lavrov Warn: US Dollar Collapse and De-dollarization Loom

Global Leadership Vision

Kusama’s plan aims to make the US the leader in global blockchain growth. Every dollar spent should bring back ten dollars. This process will most-likely help national security and trade. These improvements can be made through blockchain services, and it can be driven by Shiba Inu.

Hot this week

Zuckerberg Donates $1 Million to Pro-Crypto Trump Committee  

Meta Platforms, the parent of Facebook, shocked everyone when...

How High Will XRP Trade On Christmas Day?

The cryptocurrency market was painted red at the time...

Cardano Rebounds 14%: Is ADA Back on Track for $2 in 2025?

Despite a steep correction earlier in the week, Cardano...

VeChain Surges 12%: How High Will VET End 2024?

There has been no shortage of surprises in the...

Is Coinbase Stock Worth Investing for Next 3 Years?

Your guide: Is Coinbase Stock Worth Investing for Next...

Topics

Zuckerberg Donates $1 Million to Pro-Crypto Trump Committee  

Meta Platforms, the parent of Facebook, shocked everyone when...

How High Will XRP Trade On Christmas Day?

The cryptocurrency market was painted red at the time...

Cardano Rebounds 14%: Is ADA Back on Track for $2 in 2025?

Despite a steep correction earlier in the week, Cardano...

VeChain Surges 12%: How High Will VET End 2024?

There has been no shortage of surprises in the...

Is Coinbase Stock Worth Investing for Next 3 Years?

Your guide: Is Coinbase Stock Worth Investing for Next...

Nvidia Faces Legal Battle as Supreme Court Rejects Appeal

The United States Court has denied Nvidia’s request to...

BRICS: Morgan Stanley Says Its ‘Time to Sell’ The US Dollar

With the BRICS bloc bringing forth a renewed de-dollarization...

Coinbase to List PNUT Token, Price Soars 30%

Coinbase has announced that it will add Peanut the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img