tldr; The article discusses the political implications of the Biden Administration’s stance on cryptocurrency for the Democratic Party, highlighting concerns that anti-crypto policies could alienate a significant portion of voters, including young and independent voters who own cryptocurrency. It criticizes SEC Chair Gary Gensler’s aggressive approach towards the crypto industry and suggests that Democrats should adopt a more open and regulatory-friendly stance towards crypto to avoid losing voters to Donald Trump in the upcoming presidential election. The authors, both progressives involved in the crypto space, argue that embracing reasonable regulation of crypto could help the Democrats appeal to a wider voter base.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Tsarmedallous on
!tip 0.2
Buzzalu on
Not just ticking. Its gonna break.
⚡^(!Tip 1.01)
Friendly-Airline2426 on
I just hope even if Gary gets out, someone worse or equal doesn’t take his place.
The SEC should have a more favorable crypto stance, and ideally do a better job regarding innovation and crypto regulation. Not this lawsuit mania they’ve been doing for years.
partymsl on
The clock is ticking on Dems for everything.
I doubt they will use Crypto for anything more than getting some easy votes.
icecon on
Biden signed the executive order pro-CBDC. The “elites” behind him don’t plan on having a fair election this year, and once CBDC (i.e. totalitarian store credits) are hot-swapped into the financial system, another fair one ever again. Pretty sure they will fail at their plan, and things are going to get chaotic like they haven’t since the Civil War.
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tldr; The article discusses the political implications of the Biden Administration’s stance on cryptocurrency for the Democratic Party, highlighting concerns that anti-crypto policies could alienate a significant portion of voters, including young and independent voters who own cryptocurrency. It criticizes SEC Chair Gary Gensler’s aggressive approach towards the crypto industry and suggests that Democrats should adopt a more open and regulatory-friendly stance towards crypto to avoid losing voters to Donald Trump in the upcoming presidential election. The authors, both progressives involved in the crypto space, argue that embracing reasonable regulation of crypto could help the Democrats appeal to a wider voter base.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
!tip 0.2
Not just ticking. Its gonna break.
⚡^(!Tip 1.01)
I just hope even if Gary gets out, someone worse or equal doesn’t take his place.
The SEC should have a more favorable crypto stance, and ideally do a better job regarding innovation and crypto regulation. Not this lawsuit mania they’ve been doing for years.
The clock is ticking on Dems for everything.
I doubt they will use Crypto for anything more than getting some easy votes.
Biden signed the executive order pro-CBDC. The “elites” behind him don’t plan on having a fair election this year, and once CBDC (i.e. totalitarian store credits) are hot-swapped into the financial system, another fair one ever again. Pretty sure they will fail at their plan, and things are going to get chaotic like they haven’t since the Civil War.