Bitcoin, the largest and original cryptocurrency, ended the first half down over 70% from it's peak. As many as 1,000 different coins are now functionally worthless.
Why does this matter to Libertarians?
Well, cryptos do matter to Libertarians. For starters, every Libertarian should read the original paper inventing Bitcoin and explaining BlockChain technology. The appeal of cryptocurrencies includes that the blockchain technology they are built on is peer to peer and needs no central authority - potentially making them and other blockchain based solutions what I call GIP, "government idiot proof" or "government involvement proof". They become a non governmental digital currency enabling financial transactions between private parties independent of monetary policy or capital controls of one or more nations, and even independent of the companies or organizations that helped spawn or manage them.
Better yet, they are unbelievably democratic as well as decentralized - 5 Texans in Marfa or Houston can start their own, the underlying blockchain principles are free and easy to replicate - though the technology to implement them is more complex and expensive. It literally is make your own "NealCoin" if you want. That's why there were 1,000s of them in such a short time.Read more
On April 14, 2018 I won the Libertarian Party of Texas nomination to be the Libertarian candidate for United States Senate. I will be on the November 6 ballot facing Ted Cruz (R) and Beto O’Rourke (D) in the upcoming general election. We won with the votes of 70% of the convention delegates from a field of 5, and with the support, advice, and help of amazing people.
Libertarian values are not the fringe. They are the heart of our moderate middle. They are the heart of Texas. The government works for us. My candidacy is about making our elected officials listen to us and hold them accountable. If you want a fiscally responsible, socially tolerant member of the moderate middle, actually from and educated in Texas, with an actual track record of success to take action, then give me an opportunity to earn your vote like I did the delegates at our convention. If you are happy with what Congress has been doing, then choose between two experienced Washington congressmen. Vote your conscience.
I was born and raised in Houston, Texas as a 6th generation Texan, and graduated from Texas A&M university as a 3rd generation Aggie. My family has been here over 150 years, and will be here in another 150 years. I take the long view. I go to the same church my grandparents helped found back when Houston was a not so big city.
I began my entrepreneurial career at the age of 25 and have personally co-founded 7 technology start-ups and numerous other businesses. I understand energy, both oil & gas and renewables; I understand entrepreneurship; business; and what it takes to create jobs; I understand technology; and finance - because unlike my opponents, I have actually done it my whole career. Most importantly, I understand the value of investing your life in people - in your friends, family, community, and church. I am taking time from that to work for you - because I have a 3 year old and 5 year old and they deserve the very best world we can build them.
Like a startup, politics is a participatory sport. If you want change you don't talk - you act. Politics should be about principle. We only have one life to live. This candidacy is about standing on principle and making a difference. I am well aware of the stacked deck facing a 3rd party candidate. In the words of one of my friends - "Neal, you're crazy". If I had wanted a high percentage path to get myself into power, I would have run as a Republican, as no Democrat or Libertarian has won statewide in Texas since I was in high school. I didn't.
I am running on the platform that embodies the principles I believe in.
I am running to carry a simple message that they work for us, people matter, and elected officials need to be responsible.
I am running because we need better policies, and I have them.
I am running because the choice should not be intolerant and fiscal conservative vs social liberal and spendthrift.
I am running because they have run up our debts beyond counting and involved us in wars they can't get us out of.
I am running for a 3 year old and 5 year old who don't yet know what the Senate is. You may have 6 1/2 years of my life if you want it. Because of them.
Both of my opponents have been in Congress while they ran up the largest debt in our history. They've let our government and corporations invade our privacy and interfere in our lives over and over. They push solutions that don’t work, except to keep themselves in office. They literally make up and vote for bills they know will fail just to make themselves sound good in the next election. They voted for or failed to deal with key issues over and over. They are either part of the problem, or unable to solve it. We cannot kick the can down the road any longer to let my young daughters, and your children and grandchildren, deal with the mess we allowed them to create. But the buck doesn't stop with them. It stops with us. Our vote. Our action.
I am not asking for your vote. I am asking to earn it. I expect you to vote your conscience. If we win, you get the best qualified candidate on the ballot to represent you in Washington, and if I lose am I your message to Washington. They will not listen unless you change your vote.
Just like you get to choose in public each day how to spend the one life God gave you, you get to choose, in the privacy of a voting booth, with only your own conscience as your guide, what message and what candidate represents your values, principles, and will. You will have 3 options on November 6. You will not regret your choice if you trust me with your vote.
Neal is a 6th generation Texan from Houston running for US Senate. He is a venture capitalist, and a serial entrepreneur with 9+ startups under his belt.
He spent most of his career as a successful venture capitalist, in the world's tech capital, Silicon Valley and the world's energy capital, Houston. He has been a venture capitalist at Jane Capital, the firm he cofounded at age 25 and helped build into a leading player in cleantech; the parent company of YellowPages.com; and at Shell Oil. In addition to investing, he has personally cofounded 7 technology startups ranging from energy to software, and served as CEO, VP, CFO, and Chairman, and Board member multiple times. Startups he has cofounded have raised hundreds of millions of dollars, built factories, gone public, spanned 3 continents - all powered by amazing people.
He is currently an active investor, the Chairman of the Cleantech.org network, and Greenhome.com, and on the board of directors of Texas based manufacturer American Electric Technologies, Inc. (NASDAQ:AETI), as well as Treasurer and Session member at Spring Branch Presbyterian Church in Houston, Texas, where his family was a charter member over half a century ago. He is a 3rd generation Aggie, Class of ’98, with a degree in economics, an Eagle Scout, and began his career in energy at Bankers Trust, the 8th largest bank in the US, in Houston, TX.
Neal has been one of the leading writers and experts on cleantech and technology in energy, with his blog named a 50 Best Business Blog globally by the London Times, has written for dozens of outlets including CNET/News.com as well as been cited on the future of energy by hundreds of publications from Time to the Wall Street Journal. He is your candidate for US Senate.