Post
Topic
Board Bitcoin Discussion
Re: How do you think crypto donations to campaigns might shape Bitcoin regulation?
by
EarnOnVictor
on 23/10/2024, 02:42:47 UTC
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 Labs supported Harris's election financially and also made the money available in XRP proves two points; It sends a message that Ripple is a viable crypto and For Harris to consider when becomes the present. Although this is not automatic support for XRP, nevertheless, the case could be thwarted if is there are vested interest in it. I even wonder why the case of Ripple is like this among others, though not criminal, let's see where it leads.

Also, anyone can donate to any candidate of choice, it's no big deal, the main thing is for the money to be legit.

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?
Not at all, I am sure he receives Bitcoin donations as well, the fight for crypto is for all of them.