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.
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?
What ever influence a politician must have impacted in any altcoins, it can not make such altcoins to be the best choice of all investors. Every investor still have their preference for what ever coins or token they want to invest into and the politicians can not detect or force people on the token they should buy or not.
The donation of ripple is actually because they need something in return but I doubt if kamala can win the election.