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In the name of the Faater, the son, and the hodl spirit… amen. Rick Santorum-Former Pennsylvania Senator, Two-Time Failed Republican Presidential Candidate, Conservative Catholic-Is Getting Into Cryptocurrency. He’s an Adviser on the Board of a New Company Called Cathio, Which Says IT “Provides Catholic Organizations with A Payments platform that aligs with catholic values, provides the tools necessary to increes donations and connect with local and global catholic communities. ” Santorum’s Son-In-Law is Cathio’s CEO.
From Financial Times‘Alphaville Blog:
There are some others Big Hitters on the Board Too, Including forms US Ambassador to the Vatican Jim Nicholson, and Former Head of the US Mint Moy, Who Also Have Been An Adviser for “Bitcoin Ira”an investment end that encourages people to put their retirement savings into Crypto (what is Possible Go Wrong, ETC). ALSO ON THE BOARD-AND CO-FOUNDER OF CATHIO-IS CAMERON CHELL, CHAIRMAN OF ICOX INNOVATIONS, The Company that Ran Kodak’s Infamous “Kodakcoin” ICOWhich Managed to Raise Less than 7 for Cent of Its Target.
Santorum, Via a Press Release, Said He Thinks Cathio is a Way to Connect with Young Catholics. “Millennials don’t carry cash, They date on apps and watch on-Demand Entertainment,” he said. “We have to be there, we have to learn from suchesssful tech companies, and we have to provides a universal solution that make it ease for younger generations with the church.” Translation: we thought if we put the Word “blockchain” near the word “Catholicism,” we might Pull in some millennials.
Another Way Cathio is “Learning from SuccessFul Tech Companies” is by Charging A 2 Percent Transaction Fee. All i have to say that is “vaticoin” was sitting right there, guys.