Post
Topic
Board Bitcoin Discussion
Re: How do you think crypto donations to campaigns might shape Bitcoin regulation?
by
Rruchi man
on 21/10/2024, 23:46:07 UTC
So, what if Kamala becomes president? Ripple will definitely expect something back for their support.
Ripple will be expecting something back, but that does not mean that they must get something back for their support.

And what if politicians take donations in altcoins, like how Trump also received some? Does that mean their decisions on regulations could end up favoring altcoins over Bitcoin?

If the politician in question is someone who feels like they must reward everyone who supported them in securing a political position, then it is possible that the crypto donations they've received in altcoins can actually influence them into making decisions that will favor the coins that they received over Bitcoin, but if it's a politician that cares less for rewarding people who have supported him directly or, or rather, reward them in other ways, then we shouldn't expect any form of crypto donation to have an effect on them and the decision they plan to make.