Vitalik Buterin
@vitalik.eth
Against choosing your political allegiances based on who is "pro-crypto" https://vitalik.eth.limo/general/2024/07/17/procrypto.html
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Dwayne 'The Jock' Ronson
@dwayne
This is a good principle generally. Though you could argue that, unlike other issues which are more perennial, this is a make or break moment for crypto. Other issues may always be relitigated in future elections, in either direction, but crypto-as-cryptocurrency cannot. Because it's financial infrastructure and once these things are embedded there's no going back. Another thing you say is that support for crypto now doesn't mean support later. This applies to every issue though. It's an age-old politician thing. Not specific to crypto. But like I said above, crypto-as-cryptocurrency is much more difficult to roll back once it's embedded. So support in the early innings is disproportionately valuable. *hits cast and waits to be demolished by V*
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@novack
worth recognizing that the entire idea of political support for crypto is historically strange. it started to break government & bank monopolies through superior alternatives. if now we fear that the us government has the power to permanently make or break crypto within a 4 year window, that exposes a drastic shift in expectations.
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Dwayne 'The Jock' Ronson
@dwayne
great point - we're in a weird and confusing place
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