Post
Topic
Board Bitcoin Discussion
Re: How do you think crypto donations to campaigns might shape Bitcoin regulation?
by
Fivestar4everMVP
on 23/10/2024, 14:33:21 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.

I saw this news too, and honestly, I shook my head when I read it, it's absolutely certain that if kamala Harris eventually wins the US presidential election to become the president of US (which I personally pray it doesn't happen), ripple will definitely need a return of the favor, since what we actually talking about here is money, and not just money, but huge money, which such a donation, ripple is simply buying the conscience of kamala Harris, and I won't be surprised to see her favor ripple if for whatever reason, she became US president.

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?
I do not think so, because I personally believe that a win for Altcoin is a win for bitcoin as well, just as a win for bitcoin is also a win for Altcoins..
There is no way regulators in the government will favor Altcoins and leave bitcoin behind, not when several of them are heavily invested in bitcoin mostly.