Re: How do you think crypto donations to campaigns might shape Bitcoin regulation?

Quote from: freedomgo on October 21, 2024, 11:28:20 PM

I read that "Ripple Labs Founder Donates Another $10 Million in XRP to Support Kamala Harris," and we all know Ripple still has that ongoing SEC case. By principle, politicians shouldn't take gifts that could mess with their decision-making. So, what if Kamala becomes president? Ripple will definitely expect something back for their support.

Ripple is a centralized shitcoin and SEC for many months centralized in Gary Gensler hands except recent months the SEC Chairman was forced to approve Bitcoin Spot ETFs and Ethereum Spot ETFs.

The donation to Kamala Harris from Ripple can be their attempts to buy support from Kamala Harris if she gets elected and surely will order something on SEC to support Ripple. We know the Democratic Party are abusing laws and courts for their benefits.

Quote

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?

No altcoin will become Bitcoin killer, history proves that since 2009. Many altcoins died and many self-claimed "Bitcoin killer" altcoins died too.

Altcoins can be more favorite than Bitcoin in bull run but let's see how a cryptocurrency bull run starts. It surely starts with Bitcoin, without Bitcoin bull run, no altcoin bull runs.