64 sats \ 3 replies \ @grayruby 17 May \ on: Please Don't Say Crypto bitcoin
It's an election year. They will go whichever way the voting winds blow. If Dems manage to somehow win the election they will go back to hating crypto.
I'm not sure. Schumer is a Wall Street and big bank guy. I can see them loving "good" institutionally held bitcoin, while fighting self custody.
It's an election year.
Its actually perfect timing for Bitcoin.
Biden is a very weak candidate right now and I don't believe there is a large voting block of anti-crypto types....certainly no single-voters that would vote exclusively on Biden vetoing this....thus the political calculus states that he should just let it pass and move on to issues that can actually attract him votes.
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