It looks to me like Republicans and many Democrats are running away from the Harris-Biden regime crypto policy. For the record, I do not own any crypto or crypto based financial products.
Trump confirmed that he will appoint a crypto advisory council with “regulations written by industry-loving people within 100 days.”
Trump also confirmed that “there will never be a CBDC” while he is president.
“Those who say that bitcoin is a threat to the dollar have it exactly backwards, the danger to our financial future comes from Washington DC not crypto.”
Additionally, the former president pointing out that
“Bitcoiners understand inflation better than anyone. You all understood it first.”
Promising to ‘drill, baby, drill’, Trump notes that with low energy costs the USA will become the undisputed bitcoin mining center of the world.
Notably, the Democrats appear to be worried that crypto could be a vote-change for many people (and are pushing back against the Warren/Gensler attacks). A number of Democratic congressmembers have penned a letter to the DNC pushing for change…
Over 52 million Americans have embraced digital assets, seeing them as a means to democratize finance, spur innovation, and create new economic opportunities.
According to recent polls. 19% of voters have bought crypto, 19% self-identified as Democrats, 18% as Republicans, and 24% of crypto-owning voters are independents.
Data shows that digital assets are being adopted at higher rates among Gen Z, Black and Latino Americans, and immigrant communities key constituencies of the Democratic party compared to traditional financial products. These technologies are revolutionizing opportunities for these communities, reflecting their transformative potential.
