These remark comes greater than a month after Democratic cryptocurrency trade leaders coalesced to type the Crypto4Harris motion which hosted a City Corridor advocating for a Democratic “reset” on digital asset coverage. And I acknowledge they have been modest feedback compared to Trump’s 180 diploma pivot from skeptic to supporter.
For a lot of, they have been the primary clear indicators of her willingness to assist the trade. However these of us who’ve been following the paper path and studying the tea leaves noticed this coming. Her advisors and surrogates have made supportive overtures, her marketing campaign employees have participated in considerate dialogue, Democratic Congressional leaders together with Senate Chief Chuck Schumer (D-NY) and Home Monetary Providers Committee Rating Member Congresswoman Maxine Waters (D-CA) have made it clear the place they stand, and her personal feedback, platform, and tagline have hinted at a departure from the Biden administration’s restrictive crypto insurance policies. Trade insiders are assured {that a} “reset” is coming underneath a possible Harris administration.
I argue that, regardless of the distinction in public statements made by every candidate on crypto, a Kamala Harris presidency could be extra useful for our future digital financial system. First I’ll spotlight methods through which the previous President’s phrases don’t match his actions, and the various methods he has lied or exaggerated to achieve a bonus. Then I define why Harris’ imaginative and prescient of an “Alternative Financial system” will profit our trade extra broadly.
Listed below are some causes to be skeptical of Trump: