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?
Accepting donations in altcoins doesn’t mean that politicians will necessarily favor a specific cryptocurrency. Cryptocurrency regulation is determined by multiple institutions and is always under public scrutiny. Even if Ripple supports Kamala Harris, it doesn’t guarantee that she will favor this crypto. Regulations need to consider the entire sector, not just one player