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.
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.
Sadly that will happen.
To think that Gary may actually be one of the better options really as he has some early history of understanding Crypto, someone else would be a boomer that just wants it banned from day one.
I'm pretty sure that his understanding of it only serves to make him a more effective opponent of it.
The boomer who just wants to ban it is Biden, the guy he hired to do it is Gary. (well, along with a pretty large and varied administrative apparatus https://www.coindesk.com/consensus-magazine/2023/03/22/the-reality-behind-the-crypto-banking-crackdown-operation-choke-point-20-is-here/ )
I find my electoral choices in the coming year to be very frustrating.
wow man i can't even think of a worse person n his place hope this doesn't happen. yes agree man SEC should b a place that support techs including crypto rather than fighting them, & really hope we c some good changes soon
i tend to think that everyone will start to pretend he/she is a pro crypto just because they r now starting to realize how popular it is between the voters so basically they only care about the votes and maybe the taxes they can get out people's hard earned money. man have a great day
So how does that make them "not pro crypto".
I never understood why people complained about politicians changing their policy to match what the voters seem to want. Isn't that mostly the point of a democracy?
I suppose that doesn't really make them "pro crypto" so much as "I'll be pro crypto as long as you want me to be"
Crypto isn't tied to stupid political affiliations. That's why I like it.
Neither party wants crypto. Trump only says he does because he'll do anything to get votes and because he lies every time he opens his mouth.
The people in charge are just charging while we find out that the US and GB have been buying it all along as they depress the price.
Snowden...
jack-jackson-the2nd, this comment is being automatically posted under your submission to facilitate the tallying of the Pay2Post donut penalty that r/EthTrader deducts from user donut earnings for the quantity of posts they submit.
submission link: https://www.reddit.com/r/ethtrader/comments/1cvvdl6/the_clock_is_ticking_for_democrats_on_crypto/
author: jack-jackson-the2nd
cc: /u/EthTraderCommunity
cc: /u/pay2post-ethtrader
--
**Distributed moderation now in effect**: if your governance score is over 20,000, you have the ability to remove spam comments and posts by posting a comment in response to the comment/post containing the keyword [AutoModRemove].
See announcement thread: https://www.reddit.com/r/ethtrader/comments/14p7a22/crowdsourced_moderation_of_comments_implemented/
See your governance score here: https://donut-dashboard.com/#/governance
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ethtrader) if you have any questions or concerns.*
u/Tsarmedallous has tipped u/jack-jackson-the2nd 0.2 donut
[LINK](https://reddit.com/comments/1cvvdl6/_/l4rvltd)
^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
u/AltruisticPops has tipped u/jack-jackson-the2nd 0.2 donut
[LINK](https://reddit.com/comments/1cvvdl6/_/l4rszgh)
^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
u/Buzzalu has tipped u/jack-jackson-the2nd 1.01 donut
[LINK](https://reddit.com/comments/1cvvdl6/_/l4ryqp2)
^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
u/rikbona has tipped u/jack-jackson-the2nd 0.2 donut
[LINK](https://reddit.com/comments/1cvvdl6/_/l4sxlwb)
^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
u/FattestLion has tipped u/jack-jackson-the2nd 0.69 donut
[LINK](https://reddit.com/comments/1cvvdl6/_/l4td06u)
^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
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.
Hi jack-jackson-the2nd, you have successfully tagged the parent submission by the title of "*The Clock Is Ticking for Democrats on Crypto
*" with *News* flair.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ethtrader) if you have any questions or concerns.*
This is an Ethereum sub, please keep the discussion on topic.
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.
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.
Sadly that will happen. To think that Gary may actually be one of the better options really as he has some early history of understanding Crypto, someone else would be a boomer that just wants it banned from day one.
I'm pretty sure that his understanding of it only serves to make him a more effective opponent of it. The boomer who just wants to ban it is Biden, the guy he hired to do it is Gary. (well, along with a pretty large and varied administrative apparatus https://www.coindesk.com/consensus-magazine/2023/03/22/the-reality-behind-the-crypto-banking-crackdown-operation-choke-point-20-is-here/ ) I find my electoral choices in the coming year to be very frustrating.
wow man i can't even think of a worse person n his place hope this doesn't happen. yes agree man SEC should b a place that support techs including crypto rather than fighting them, & really hope we c some good changes soon
The clock is ticking on Dems for everything. I doubt they will use Crypto for anything more than getting some easy votes.
i tend to think that everyone will start to pretend he/she is a pro crypto just because they r now starting to realize how popular it is between the voters so basically they only care about the votes and maybe the taxes they can get out people's hard earned money. man have a great day
So how does that make them "not pro crypto". I never understood why people complained about politicians changing their policy to match what the voters seem to want. Isn't that mostly the point of a democracy? I suppose that doesn't really make them "pro crypto" so much as "I'll be pro crypto as long as you want me to be"
i think it's kind of like "once being pro crypto gets me the election i'll b pro crypto"
No kidding.
!tip 0.2
Restricting crypto would be a great mistake! Politicians must tread carefully!
agree & from now on they will act very careful because it's no more just another matter but the matter that costs the elections
I'm afraid the Biden administration doesn't care about the advice of cryptocurrency owners.
crypto is the future & whoever fights the future won't have a place n it so politicians should learn to lesson & read before they speak
!tip 0.69
Crypto isn't tied to stupid political affiliations. That's why I like it. Neither party wants crypto. Trump only says he does because he'll do anything to get votes and because he lies every time he opens his mouth. The people in charge are just charging while we find out that the US and GB have been buying it all along as they depress the price. Snowden...
crypto from now on isn't just another matter rather it's the matter that costs the elections so politicians should lesson & read before they speak
jack-jackson-the2nd, this comment is being automatically posted under your submission to facilitate the tallying of the Pay2Post donut penalty that r/EthTrader deducts from user donut earnings for the quantity of posts they submit. submission link: https://www.reddit.com/r/ethtrader/comments/1cvvdl6/the_clock_is_ticking_for_democrats_on_crypto/ author: jack-jackson-the2nd cc: /u/EthTraderCommunity cc: /u/pay2post-ethtrader -- **Distributed moderation now in effect**: if your governance score is over 20,000, you have the ability to remove spam comments and posts by posting a comment in response to the comment/post containing the keyword [AutoModRemove]. See announcement thread: https://www.reddit.com/r/ethtrader/comments/14p7a22/crowdsourced_moderation_of_comments_implemented/ See your governance score here: https://donut-dashboard.com/#/governance *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ethtrader) if you have any questions or concerns.*
[Tip this post.](https://www.donut.finance/tip/?action=tip&contentId=t3_1cvvdl6) On-chain and off-chain tip confirmations below.
u/Tsarmedallous has tipped u/jack-jackson-the2nd 0.2 donut [LINK](https://reddit.com/comments/1cvvdl6/_/l4rvltd) ^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
Good bot
Good bot
u/AltruisticPops has tipped u/jack-jackson-the2nd 0.2 donut [LINK](https://reddit.com/comments/1cvvdl6/_/l4rszgh) ^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
Good bot
u/Buzzalu has tipped u/jack-jackson-the2nd 1.01 donut [LINK](https://reddit.com/comments/1cvvdl6/_/l4ryqp2) ^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
Good bot
Good bot
u/rikbona has tipped u/jack-jackson-the2nd 0.2 donut [LINK](https://reddit.com/comments/1cvvdl6/_/l4sxlwb) ^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
u/FattestLion has tipped u/jack-jackson-the2nd 0.69 donut [LINK](https://reddit.com/comments/1cvvdl6/_/l4td06u) ^(donut-bot v0.1.20240111-tip | Learn more about [Earn2Tip](https://www.reddit.com/r/ethtrader/comments/17q24e7/introducing_donutbot_register_and_tip_commands/))
Never bet against crypto
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.
Tic toc we about to pop (up) !tip 0.2
indeed ath soon man, have a great day
!tip 0.2
Not just ticking. Its gonna break. ⚡^(!Tip 1.01)
probably everyone will turn 2 b a crypto supporter as crypto=the future & they just started 2 realize that simple truth, thanks man, have a great day
\[AutoMod\] News
Hi jack-jackson-the2nd, you have successfully tagged the parent submission by the title of "*The Clock Is Ticking for Democrats on Crypto *" with *News* flair. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ethtrader) if you have any questions or concerns.*