Andrew Yang Will 'Literally Give Everybody Money'

Bitcoin proponents are criticizing United States presidential candidate Andrew Yang after he claimed he was "Literally trying to give everybody money."

In an ongoing Twitter debate which Yang started on Nov. 16, Bitcoiners took the presidential hopeful to task over his policy of paying a form of universal basic income to all U.S. citizens.

"I'm literally trying to give everybody money," Yang wrote.

Yang plans to provide a united front on cryptocurrency regulation if elected.

Unlike previous statements about UBI, which he has termed the "Freedom Dividend," Yang's latest pitch appeared to touch a nerve with commentators.

Others continued to highlight the distinction between Bitcoin as hard money and fiat as easy money which authorities can manipulate at will.

OneCoin doubled holdings "As token of appreciation".

In particular, OneCoin, the notorious cryptocurrency Ponzi scheme whose creators the U.S. is attempting to prosecute, was also known for arbitrary supply inflation.

At one of its dedicated conferences in 2016, for example, co-founder Ruja Ignatova announced she would double attendees' OneCoin holdings.

A press release from the time states that Ignatova "Told the crowd that all current Networkers will have the number of their OneCoins doubled, as a token of appreciation to everyone who believed in the OneCoin concept from the start."