did you see this? What are your thoughts on crypto under you boy Joe?
The Republican Party -- particularly its libertarian wing -- is regarded as relatively friendly to the digital-coin industry, whereas Democrats are seen as taking a dimmer view, analysts say.
Conversation
Article reference
bloomberg.com/news/articles/
1
Replying to
Note that the crackdown you're referencing is actually being done by the outgoing Republican treasury, not the incoming Democratic one -- it's actually the strongest data point *against* your claim
although in general I think it's a bit of a mixed bag and unclear
2
1
Not my claim the article. I was just curious on your point of view.
1
Replying to
Yeah so roughly speaking, right now crypto support tends to be mostly split between parties.
But more specifically, R tends to have higher variance: more strongly pro-crypto and more strongly anti-crypto voices; D more in the middle.
Prob mostly b/c Trump is high variance.
On the one hand, R has the libertarian/economic freedom lean, which is generally pro-crypto.
On the other hand, R has an anti-Silicon Valley, pro-US-patriotism lean (e.g. more likely to say 'USD good, other currencies bad'), which is anti-crypto.
2
1
But I don't strongly think that those are going to remain constant, and so long term anything can happen.
Really what the Biden admin decides on crypto, if anything, will set the tone for parties more than anything else.
1
1
Show replies