Monday , November 18 2019
Home / FT Alphaville / The Rick Santorum-backed coin for Catholics

The Rick Santorum-backed coin for Catholics

Summary:
Rick Santorum, the former senator for Pennsylvania and two-time Republican presidential candidate, has long been known for his religious zeal. An aide to Santorum told the New York Times back in 2005 that Santorum was “a Catholic missionary who happens to be in the Senate”, and his comments on homosexuality and same-sex marriage once spawned a campaign for the neologism “santorum”. Now, he's backing a project that combines his religious fervour with another area of modern-day fanaticism: blockchainism (thanks to Buttcoin and in particular contributor David Gerard for drawing our attention to this). Santorum is sitting on the advisory board of a company and soon-to-be digital coin (stablecoin, specifically) called Cathio. The company describes itself on its website as “a new payment,

Topics:
FT Alphaville considers the following as important:

This could be interesting, too:

Menzie Chinn writes “New Foreign Direct Investment in the United States”

Global Economic Intersection Analysis Blog Feed writes The Road To Default

Miles Kimball writes The Federalist Papers #2A: John Jay on the Idea of America

Global Economic Intersection Analysis Blog Feed writes Largest Decline In Consumer Comfort Index Since 2008

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *