Ian Calderon Runs for California Governor, Promises Bitcoin on State Balance Sheet?

Jakarta, Pintu News – Ian Calderon, known as a Bitcoin (BTC) supporter, recently announced his candidacy in the California gubernatorial election. Calderon promised to include Bitcoin in the state’s balance sheet if elected. However, many members of the Bitcoin community are skeptical of the promise.

Ian Calderon Profile

Before stepping down in 2020, Calderon had served three terms in the California Legislature and became the youngest majority leader in the history of the California State Assembly. As a member of the Democratic Party, he often disagreed with his party’s policies and sought pragmatic solutions to problems faced by Californians.

Calderon is also known as the author of the 2018 bill AB 2658, which established the California Blockchain Working Group. The group aims to explore the use of blockchain technology and cryptocurrencies, as well as collaborate with policymakers to define the legal status of cryptocurrencies.

From 2020 to 2022, Calderon contributed to the Blockchain Working Group roadmap and started working on a bill aimed at making Bitcoin a legal tender in California. This shows his dedication to integrating new financial technologies into the government system.

Read also: SEC Chairman Unveils New Direction of Crypto Regulation, What Will It Look Like?

Calderon’s Policy Platform

In announcing his candidacy, Calderon highlighted some of the key issues he wants to address, including the high cost of living and the housing crisis. He emphasized that childcare costs, salaries that don’t keep up with the cost of living, the highest fuel prices in the country, and difficulty buying a home are some of the challenges faced by Californians.

Calderon also highlighted home ownership by corporations and foreign investors that prevent local families from fully owning their homes. Although Calderon didn’t discuss Bitcoin much in his announcement video, he emphasized through the X platform that it’s time for California to become the undisputed leader when it comes to Bitcoin. This shows that he is serious about encouraging Bitcoin adoption at the state level.

Read also: Samson Mow: “Bitcoin Adoption Strategy by Countries to Explode Soon!”

Community Reaction

The announcement of Calderon’s candidacy received mixed reactions from the Bitcoin community. Dennis Porter, CEO of Satoshi Act Fund and longtime ally of Calderon, had teased his followers with an important announcement, which turned out to be Calderon’s candidacy. Many of his followers felt disappointed as they thought the announcement was not worth the hype that was built up.

Some critics have also linked Calderon to his uncles, Ron and Tom, who were implicated in a public corruption case in 2016, although Calderon himself has a strong track record as a Bitcoin supporter. However, many others welcomed the courage of a Democratic candidate who openly supports Bitcoin, hoping that Calderon could challenge other party members who oppose Bitcoin.

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Reference

• Crypto News. Bitcoin Advocate Runs for California Governor as a Democrat. Accessed on September 29, 2025
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