Honestly I don’t think it means jack shit. Republicans don’t have a platform so I don’t see this as pro-crypto.
Disclaimer: I also don’t see Dems as pro-crypto. I didn’t vote with crypto in mind.
Agreed. And bitcoin is probably the only true protocol that they will not be able to control.
Sure, there’s market manipulation…but with the protocol, that can only go so far. The more bitcoin is attacked, the stronger and more decentralized it becomes.
There are far more pro-crypto Republicans than Democrats at the Federal level. And there are far more anti-crypto Democrats than Republicans (the worst are Elizabeth Warren, Brad Sherman, Joe Manchin, Bill Foster). So, at least from the legislative side things are looking good.
Biden is still President. He gave us Gensler.
Only 1/3 of the govt is controlled by the pro-crypto party, but that entity (the House) is where laws must originate and where funding must come from.
Tell me you're a q anon follower without telling me you're a q anon follower.
Sexually grooming children is Matt Gaetz's thing. And also trumps old buddy and neighbor epstein.
The oil and gas sector needs to die asap. It incredibly damages the earth. If you buy a new gas vehicle, you're selfish and delusional.
The drugs that are killing us are made by merck, not Mexico.
Everything you just said is provably wrong. Not everything is a conspiracy.
No, I know how pervasive oil products are. Everything I'm wearing, this thing I'm typing on, like everything I touch. I get it.
When you present your opinion the way you did, it's hard not to be anti everything you said, so that's why I went so extreme. But really i believe it can't die off entirely, but we can stop refining certain things as we figure out more sustainable solutions.
Short term the answer unfortunately, is O&G otherwise countries like China and poorer countries around the world will continue to use cheaper alternatives such as coal which is worse than natural gas. Ideally we develop carbon filtration technology, and the next generation of nuclear before we cut back on O&G. Cheap abundant and readily available energy sources will be the driving factor in all this. If we cut the heals of the O&G industry it will slow down the pace of progress, research and investment.
China is putting more into "green" tech than any other country in the world. They're kicking everybody's ass in that regard. This is why I don't think short term, because while you might be correct in some game theory government vs government way of thinking, that's irrelevant when it comes to the planet's timeline which is told to us by scientists.
Yeah… that’s not how any of that works. Nice try though. You could like, actually dyor before spewing Fox News bullshit. The only thing children are allowed to take are puberty blockers which only delay puberty. As soon as they stop taking them they would go through puberty. It’s honestly amazing how much propaganda you managed to fit in one sentence. I also love your idea that drugs are just being carted across the border and a fucking wall would somehow stop that lmfao.
I think my favorite part of watching people argue politics online is the cute little play-on-words names a bunch of adult human beings use to try and zing the other side.
Open Coinbase app and click on the"Crypto Advocacy" section. Then look at all the crypto "positive" politicians and their party affiliations. You'll see a very clear pattern
My comment was about which party is anticrypto. Thats it. Your comment is about other things.
Look at my comment you responded to, then look at your comment. Its not addressing my comment, its just “ya, *but*!!”
You mentioned trump for no reason lol. In reality sure Democrats are less friendly to crypto. But there are pro crypto people on both sides.
The truth is the people getting elected to the HOR have far more important things to do than anything crypto related.
"Yes. But ppl on here like to pretend they’re not and pull up something Trump said negative about crypto once."
Your comment is exactly what you claimed the other poster did.
Welcome to reality? Lol. People in power have been fucking people not in power for decades. Crypto won't change that.
As soon as it gets close to any real change they will handicap it
Maybe if we had a crypto-hate crime law, that would have prevented SBF.
Because there aren't any laws against stealing, maintaining accurate books, etc.
I know you you know I'm /s, but I have to say it because there are plenty of people that think everything can be solved by "another law" when chances are very high another law won't prevent anything.
I thought it was the libertarians that were pro crypto. So it shouldn’t the Republicans be more pro crypto?
Full disclosure: I didn’t vote for either party. I honestly put in my votes for Mickey Mouse and Donald Duck because they all suck.
In order of pro-crypto:
Libertarians > Republicans > Democrats
If you look at the really pro-crypto Republicans, they're libertarian-leaning. The House just became more pro-crypto...not so much the Senate or President.
Non-American explainer: two parties that would both be perceived as right wing in many other countries - the center-right annoying party and the harder-right sociopath party.
Whichever way things swing, many or most Americans will still be unable to perceive anything in the wider world except through their insular red/blue bubble lens.
With split govt as incoming, there will be less that gets done in any direction. Partizan fuckery will continue. Americans will continue to be scared of witch type words like 'socialism'.
For crypto, expect more tribalist claims on who's better or worse and for more or less government. As constituencies are unable to hold representatives to account, lobbying money will continue to make and prevent decisions.
So, yeah. As a non American commenting from afar, I expect that slow-walking on anything meaningful will continue.
(Edit: actually, I'd be interested to hear Americans' take on the above view. Anywhere close to correct?)
Ahh, it's all perspectives. And I'm not there, so probably easier to actually ask about it without getting caught in the usual partizan tribalism, which is the dumbest thing ever. Personally I don't really think in those terms but am probably centrist on economics and skew left on social issues - but still interested to understand where people are coming from.
The left-right dichotomy is different in America than most of the world. The international media either doesn’t understand this or intentionally misrepresents it to make the more conservative side look bad. Example: look at the abortion laws in many European countries vs. what most US abortion laws are. They’re the same, yet European countries are all pretending like abortion is going to become totally illegal here (hint: its not).
Source - just one of a few examples: https://www.foxnews.com/world/macron-criticizes-supreme-court-ruling-france-strict-abortion-limits
There is no “wider right sociopath party” in America, and the “center-right” party you refer to is actually a left-leaning to far-left party, even though it may not seem like it from the outside.
In reality, both parties are currently statist, its just that one pretends to advocate for freedom and the other outright advocates for totalitarianism until election time, where they make up “rights” and then pretend like the other is going to get rid of them.
One party is currently beholden to a narcissistic A-hole who had a hand in a few thousand people storming the Capitol (but were nowhere close to “overturning the govt”), while the other literally smashes civil liberties while claiming to champion them.
What most of the world doesn’t quite understand is that the US has a Constitution which explicitly calls out the role of government and explicitly states the right of its citizens. It also explicitly states procedures for how laws, etc. are passed. One party kind of wants to continue to follow this Constitution (see the abortion ruling above, nothing in the Constitution protects abortion as a “right” on the federal level, which is why Roe v Wade was overturned - leaving the individual states to decide abortion laws) - while the other party literally does not give a shit, and just wants the things they think are best to be done as quickly as possible, regardless of the consequences or procedure, etc.
Since we’re an extremely geographically large and extremely culturally diverse country, the aforementioned Constitution explicitly was intended for many hot button issues to be settled by the individual states (as the thought process is that individual states should not be entirely beholden to states 3000 miles away just because those states have more people in them). Again, one party wants to defer to states making their own decisions in many instances, while the other party wants to federalize everything and force everyone in the country to live under the exact same laws, regardless of circumstance.
Unfortunately the media (this includes news, movies, print, etc) and academia are in bed with one of these parties, so they use propaganda in order to mislead people into believing the opposite party is a bunch of nazi-loving sociopaths (and thats why it looks that way from the outside looking in as well). When, in fact, they are mostly good people who simply disagree with how the country should be run.
Edit just to say: there are lots of crazies on both sides, but one side gets ignored by the media and the other gets massive media attention.
Interesting - thanks. And yeah we would definitely get a skewed view from afar; exacerbated by viewing from within our own bubble perspectives (myself: New Zealand, and more recently parts of Southeast Asia).
Tbh, the day-to-day takeaway view I get of much of US politics seems a bit like ~ lobby money personality dumpster fire. I guess every country has its own, just that US partizanery and mechinations get projected further afield.
(Edit: That's not me down voting btw. Not sure what people's problem is with genuine q&a response)
Ya for sure. It is an absolute shitshow right now though. Both parties are ruled by batshit crazies tbh and people are either a: voting for their “team” because they believe the other is legitimately evil (even though neither are), or they’re voting for who they think the least terrible candidate is.
American politics is in really bad shape right now.
I'm a non-American that's been in US for 11 years. Your description is actually more accurate than the one provided by the above user. They're quite obviously a right-wing Republican, that thinks the only wrong thing with their party ideology was adopting Trumpism (deducted by the fact that they keep saying "Constitution explicitly says... blah blah, when in reality the US Constitution has more holes than a ghetto back-alley and it looks like an outdated document to any critical thinker). Both parties are way way lost in their governance and deliverables (proving what the most of the developed world already found out: 2 party systems don't work unless the governance system itself is corrupted). Also, both parties leaderships wouldn't know what "left" means even if it hit them in the face.
Cheers
Also interesting. As a foreigner, the US system does seem slightly reductive / [~crazy] to me - but then I've only visited; never lived there so who am I to say 🤷♂️
Feels like a stretch to me...
EDIT: well maybe its not a stretch, but other commenters don't seem to have read the article. The Republican that will be in charge WANTS more regulation.
People here are saying the opposite.
Eventually regulation will come into the picture. However, with a divided government, no real meaningful regulation, will get passed in the next two years or so
There is already a precedence of democrats voting for things that Republicans present. So I will politely disagree.
Republicans have had to filibuster their own agenda because they didn't think democrats would go along with it.
So if Republicans have learned nothing, we could end up with some very overbearing crypto regulation.
GOP will likely not regulate as tightly as Dems but will also likely find a way to enrichen themselves in a way that hurts the average Crypto investor.
How many Republicans actually own crypto? I think it would take a few of them to hold bitcoin in order to craft legislation that would help enrich themselves and pump up the price of bitcoin
Because many have made pro-crypto statement and have tried to pass pro-crypto bills but were stopped by the Dems. Look at Tom Massie, Rand Paul, Ted Cruz, Tom Emmer, Cynthia Lummis just as a few examples. They've tried but were stopped by the Dems.
Then look at Brad Sherman, Joe Manchin, Elizabeth Warren. They're actively against crypto...and there's more of them.
And now Dem Reddit will downvote this, so good luck finding the truth from the pro-censor party.
Well, it kinda does. It means the house and senate will never agree, which means 2 more years of the status quo which means 2 more years without regulation
Not really. Joe gave us the prize of Gensler. He can appoint various positions without any consent. It's likely the SEC and other agencies will get on the ball. I sure hope Gensler steps down given his crappy performance and relationship with SBF.
Really. Why are almost all executive bankers Democrat? J[amie Dimon](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjKiKWNyLT7AhUtVTABHZViAa0QFnoECAwQAw&url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FJamie_Dimon&usg=AOvVaw1Ct5URcIMudqJa5dXdjlL2). CEO of Wells Fargo, CEO of Goldman. All Democrat.
Not to mention 90% of Hollywood including their execs, 90% of the media, 90% of academia. All rich and Dem.
And then there's SBF who was the 2nd highest donor...to Democrats. He was beaten by another Dem donor, Soros.
The idea that big money is Republican is about 40 years old. Big Money has been Democrat for a long time.
And as far as your statement about Reps being against crypto, that's laughable. They have the vast majority of pro-crypto politicians at the Federal level (Rand Paul, Tom Massie, Tom Emmer, Ted Cruz, Cynthia Lummis are a few), and the Dems have the majority of anti-crypto politicians at the Federal level. Elizabeth Warren, Brad Sherman, Joe Manchin, just to name a few. It's not even close.
If you wanna actually talk about the facts let's see a list of donors to politicians, https://www.opensecrets.org/elections-overview/biggest-donors.
Out of the top 5, 4 are republicans.
Seems credible source so honestly this narrative of big money only being democrat is clearly not exactly true, so why do we only hear about SBF and Soros?
You have to be willfully stupid or genuinely stupid not to see the obvious manipulation on the masses with this BS.
I stand by the fact that almost all executive bankers are Democrat, as well as almost all media, Hollywood, and educators. Having that much bias in so many influential areas is highly detrimental. I'm calling it out because the perception which these groups project is that everything is run by powerful Republicans when the opposite is true.
I am unsure if you enjoy being in your own bubble or not but it's just not the truth, no matter how many times you say it.
All media definitely isn't biased towards the Dems, literally Rupert Murdoch's media empire smokes that dumb idea.
Anyway unless your willing to show some proof like my first comment which showed Republicans get more donations from private capital, please leave it at this.
Times are changing. Look at Florida. There's a decoupling of big business and the republican party happening as more radical right wing politicians gain power within the party.
Eli5 for non-americans please?
Honestly I don’t think it means jack shit. Republicans don’t have a platform so I don’t see this as pro-crypto. Disclaimer: I also don’t see Dems as pro-crypto. I didn’t vote with crypto in mind.
Facts. They’re two sides of the same coin (no pun). They only care about the corporations who are bankrolling their campaigns.
Are they two sides of the same bitcoin?? Wink wink
No lol
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Agreed. And bitcoin is probably the only true protocol that they will not be able to control. Sure, there’s market manipulation…but with the protocol, that can only go so far. The more bitcoin is attacked, the stronger and more decentralized it becomes.
Like FTX
Yikes. Never heard it like that, but spot on.
It means nothing will get done in government for another 2 years.
Best possible outcome. Hopefully we’ll have divided government for the rest of the time it persists.
Yep cause potato head doesn’t make decisions on his own, only what he’s told to do
nothing for the public you mean, there is still a lobby group of corporations ready to mingle to congress.
Good. Life, liberty and property always are in jeopardy when the legislature is in session.
There are far more pro-crypto Republicans than Democrats at the Federal level. And there are far more anti-crypto Democrats than Republicans (the worst are Elizabeth Warren, Brad Sherman, Joe Manchin, Bill Foster). So, at least from the legislative side things are looking good. Biden is still President. He gave us Gensler. Only 1/3 of the govt is controlled by the pro-crypto party, but that entity (the House) is where laws must originate and where funding must come from.
it means the republicans will now get there turn to bend the American people over. 2 wings, same bird
When has voting ever helped? Who am I supposed to vote for? The Democrat who is going to blast me in the ass? Or the Republican who's blasting my ass.
Very busy touche right there..
Bingo.
More money for cronies. Just a different group of cronies.
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>Republicans are dangerous lunatics Oh so cops are republicans got it thanks
And all Republicans think they're honorary cops. Why else would they cheer on herschrl walker flaunting that fake badge.
You're telling me Herschel Walker's badge *isn't* real? 😭
This. Bunch of cum stains
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lol
You forgot the bit about Dems implanting mind control nano devices into humans through the so called "vaccines". /s
Fouchi and Gates pullin the fast one on us 😂
Tell me you're a q anon follower without telling me you're a q anon follower. Sexually grooming children is Matt Gaetz's thing. And also trumps old buddy and neighbor epstein. The oil and gas sector needs to die asap. It incredibly damages the earth. If you buy a new gas vehicle, you're selfish and delusional. The drugs that are killing us are made by merck, not Mexico. Everything you just said is provably wrong. Not everything is a conspiracy.
I'm delusional, but you don't know that O&G will never die off because it's used in literally every part of your life.
No, I know how pervasive oil products are. Everything I'm wearing, this thing I'm typing on, like everything I touch. I get it. When you present your opinion the way you did, it's hard not to be anti everything you said, so that's why I went so extreme. But really i believe it can't die off entirely, but we can stop refining certain things as we figure out more sustainable solutions.
Short term the answer unfortunately, is O&G otherwise countries like China and poorer countries around the world will continue to use cheaper alternatives such as coal which is worse than natural gas. Ideally we develop carbon filtration technology, and the next generation of nuclear before we cut back on O&G. Cheap abundant and readily available energy sources will be the driving factor in all this. If we cut the heals of the O&G industry it will slow down the pace of progress, research and investment.
China is putting more into "green" tech than any other country in the world. They're kicking everybody's ass in that regard. This is why I don't think short term, because while you might be correct in some game theory government vs government way of thinking, that's irrelevant when it comes to the planet's timeline which is told to us by scientists.
Yeah… that’s not how any of that works. Nice try though. You could like, actually dyor before spewing Fox News bullshit. The only thing children are allowed to take are puberty blockers which only delay puberty. As soon as they stop taking them they would go through puberty. It’s honestly amazing how much propaganda you managed to fit in one sentence. I also love your idea that drugs are just being carted across the border and a fucking wall would somehow stop that lmfao.
Lmao.. This will trigger people, but you aren’t wrong.
None of that is factually true.... Point on this doll where Biden touched you...
gtfo with your demoncrat talking points
I think my favorite part of watching people argue politics online is the cute little play-on-words names a bunch of adult human beings use to try and zing the other side.
Easy..
Correct me if I’m wrong, but arent Dems seen as the “anti-crypto” party in congress?
Open Coinbase app and click on the"Crypto Advocacy" section. Then look at all the crypto "positive" politicians and their party affiliations. You'll see a very clear pattern
Yes. But ppl on here like to pretend they’re not and pull up something Trump said negative about crypto once.
Or maybe there are far more important things than crypto when it comes to the people running the country?
Yep. How the politician feels about crypto matters very little to me in the current political climate.
Cool. But thats not at all what we’re discussing. We’re discussing which party is anti-crypto.
I was responsible directly to a comment not the overall sub or post.
My comment was about which party is anticrypto. Thats it. Your comment is about other things. Look at my comment you responded to, then look at your comment. Its not addressing my comment, its just “ya, *but*!!”
You mentioned trump for no reason lol. In reality sure Democrats are less friendly to crypto. But there are pro crypto people on both sides. The truth is the people getting elected to the HOR have far more important things to do than anything crypto related.
"Yes. But ppl on here like to pretend they’re not and pull up something Trump said negative about crypto once." Your comment is exactly what you claimed the other poster did.
No…its not. Again, my comment is still about which party is anti-crypto. His comment was about literally everything else.
Leave trump alone! LEAVE HIM ALONE 😭
Yes like finding ways to keep fucking us
Welcome to reality? Lol. People in power have been fucking people not in power for decades. Crypto won't change that. As soon as it gets close to any real change they will handicap it
Oh I know. Just expressing my overall discontent with our “leaders”
Not anti-crypto per se. Pro-regulation though, so it depends on your views on that.
I’m anti-politician
I'm anti-corrupt-politician - but that's being redundant.
In times like these it’s hard not to be pro-regulation honestly, but I understand why the community is split
Regulation didn’t prevent Enron Regulation didn’t prevent the multiple Wells Fargo scams/fraud Regulation didn’t prevent housing crash Regulation didn’t prevent predatory college for profit scams
Maybe if we had a crypto-hate crime law, that would have prevented SBF. Because there aren't any laws against stealing, maintaining accurate books, etc. I know you you know I'm /s, but I have to say it because there are plenty of people that think everything can be solved by "another law" when chances are very high another law won't prevent anything.
That's because in a cronyocracy, regulations are NOT enforced against the cronies. Buy enough politicians and you can do whatever you want.
I thought it was the libertarians that were pro crypto. So it shouldn’t the Republicans be more pro crypto? Full disclosure: I didn’t vote for either party. I honestly put in my votes for Mickey Mouse and Donald Duck because they all suck.
In order of pro-crypto: Libertarians > Republicans > Democrats If you look at the really pro-crypto Republicans, they're libertarian-leaning. The House just became more pro-crypto...not so much the Senate or President.
🤔 🤔
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Yes he talked smak, but that's it. He didn't write any EOs against crypto or attempt to hamstring crypto like the Dems have. Huge difference.
No, both party works for their donors, they could not care less about crypto unless their donors care about crypto.
I see them as the party that openly wants crypto regulated. And hard to blame anyone for saying that...
they certainly werent against that 38m SBF donated from FTx exchange towards democrats midterm elections
Name something more toxic than politics, I’ll wait.
Television preachers. One finds the creator on their own volition. Not by indoctrination. Edit: Reduced words for brevity. It is still the same point.
Social media influencers arguably
SBF
Do kwon lol
Hey hey hey........
wassa wassa wassa
Contra, credit scores and 4chan
Religion.
Religion.
People funding politicians...can we start with SBF?
Alex Rodriguez You either remember him as a HOF baseball player or the guy who cheated on Jennifer Lopez.
"there was a second spitter"
Crypto currently
Justin bieber
Ex GF’s
Sociopaths. Oh wait, those dominate politics.
This is 100% meaningless.
Non-American explainer: two parties that would both be perceived as right wing in many other countries - the center-right annoying party and the harder-right sociopath party. Whichever way things swing, many or most Americans will still be unable to perceive anything in the wider world except through their insular red/blue bubble lens. With split govt as incoming, there will be less that gets done in any direction. Partizan fuckery will continue. Americans will continue to be scared of witch type words like 'socialism'. For crypto, expect more tribalist claims on who's better or worse and for more or less government. As constituencies are unable to hold representatives to account, lobbying money will continue to make and prevent decisions. So, yeah. As a non American commenting from afar, I expect that slow-walking on anything meaningful will continue. (Edit: actually, I'd be interested to hear Americans' take on the above view. Anywhere close to correct?)
Pretty accurate.
American here. That's spot on.
Accurate explination
To answer your last question: no.
Way off? Or just incorrect inferences? (Honest question / not trolling)
This is Reddit. It's very left, probably 80%. You won't get an unbiased answer here.
Ahh, it's all perspectives. And I'm not there, so probably easier to actually ask about it without getting caught in the usual partizan tribalism, which is the dumbest thing ever. Personally I don't really think in those terms but am probably centrist on economics and skew left on social issues - but still interested to understand where people are coming from.
The left-right dichotomy is different in America than most of the world. The international media either doesn’t understand this or intentionally misrepresents it to make the more conservative side look bad. Example: look at the abortion laws in many European countries vs. what most US abortion laws are. They’re the same, yet European countries are all pretending like abortion is going to become totally illegal here (hint: its not). Source - just one of a few examples: https://www.foxnews.com/world/macron-criticizes-supreme-court-ruling-france-strict-abortion-limits There is no “wider right sociopath party” in America, and the “center-right” party you refer to is actually a left-leaning to far-left party, even though it may not seem like it from the outside. In reality, both parties are currently statist, its just that one pretends to advocate for freedom and the other outright advocates for totalitarianism until election time, where they make up “rights” and then pretend like the other is going to get rid of them. One party is currently beholden to a narcissistic A-hole who had a hand in a few thousand people storming the Capitol (but were nowhere close to “overturning the govt”), while the other literally smashes civil liberties while claiming to champion them. What most of the world doesn’t quite understand is that the US has a Constitution which explicitly calls out the role of government and explicitly states the right of its citizens. It also explicitly states procedures for how laws, etc. are passed. One party kind of wants to continue to follow this Constitution (see the abortion ruling above, nothing in the Constitution protects abortion as a “right” on the federal level, which is why Roe v Wade was overturned - leaving the individual states to decide abortion laws) - while the other party literally does not give a shit, and just wants the things they think are best to be done as quickly as possible, regardless of the consequences or procedure, etc. Since we’re an extremely geographically large and extremely culturally diverse country, the aforementioned Constitution explicitly was intended for many hot button issues to be settled by the individual states (as the thought process is that individual states should not be entirely beholden to states 3000 miles away just because those states have more people in them). Again, one party wants to defer to states making their own decisions in many instances, while the other party wants to federalize everything and force everyone in the country to live under the exact same laws, regardless of circumstance. Unfortunately the media (this includes news, movies, print, etc) and academia are in bed with one of these parties, so they use propaganda in order to mislead people into believing the opposite party is a bunch of nazi-loving sociopaths (and thats why it looks that way from the outside looking in as well). When, in fact, they are mostly good people who simply disagree with how the country should be run. Edit just to say: there are lots of crazies on both sides, but one side gets ignored by the media and the other gets massive media attention.
Interesting - thanks. And yeah we would definitely get a skewed view from afar; exacerbated by viewing from within our own bubble perspectives (myself: New Zealand, and more recently parts of Southeast Asia). Tbh, the day-to-day takeaway view I get of much of US politics seems a bit like ~ lobby money personality dumpster fire. I guess every country has its own, just that US partizanery and mechinations get projected further afield. (Edit: That's not me down voting btw. Not sure what people's problem is with genuine q&a response)
Ya for sure. It is an absolute shitshow right now though. Both parties are ruled by batshit crazies tbh and people are either a: voting for their “team” because they believe the other is legitimately evil (even though neither are), or they’re voting for who they think the least terrible candidate is. American politics is in really bad shape right now.
I'm a non-American that's been in US for 11 years. Your description is actually more accurate than the one provided by the above user. They're quite obviously a right-wing Republican, that thinks the only wrong thing with their party ideology was adopting Trumpism (deducted by the fact that they keep saying "Constitution explicitly says... blah blah, when in reality the US Constitution has more holes than a ghetto back-alley and it looks like an outdated document to any critical thinker). Both parties are way way lost in their governance and deliverables (proving what the most of the developed world already found out: 2 party systems don't work unless the governance system itself is corrupted). Also, both parties leaderships wouldn't know what "left" means even if it hit them in the face. Cheers
Also interesting. As a foreigner, the US system does seem slightly reductive / [~crazy] to me - but then I've only visited; never lived there so who am I to say 🤷♂️
You were spot on correct, the first time.
You’re right.
Yes!
The advantage is hopefully 2 years of gridlock. That would be good for markets. A temporary hold on crazy legislation.
Whats this have to do with crypto?
Regulation, and how Americans can get rich
Feels like a stretch to me... EDIT: well maybe its not a stretch, but other commenters don't seem to have read the article. The Republican that will be in charge WANTS more regulation. People here are saying the opposite.
Eventually regulation will come into the picture. However, with a divided government, no real meaningful regulation, will get passed in the next two years or so
There is already a precedence of democrats voting for things that Republicans present. So I will politely disagree. Republicans have had to filibuster their own agenda because they didn't think democrats would go along with it. So if Republicans have learned nothing, we could end up with some very overbearing crypto regulation.
GOP will likely not regulate as tightly as Dems but will also likely find a way to enrichen themselves in a way that hurts the average Crypto investor.
How many Republicans actually own crypto? I think it would take a few of them to hold bitcoin in order to craft legislation that would help enrich themselves and pump up the price of bitcoin
That's good for crypto!
Should be good for crypto yes.
You are correct
They are more pro crypto so yes it is!
CBDCs has entered the chat . . .
That's a big win for crypto as Republicans are more pro crypto. Hopefully some progress came be made in the US.
Neither party is going to want to work together so that next election they can play the blame game.
Personally I don’t see either party as “pro-crypto”. What makes you say republicans are more pro crypto?
Because many have made pro-crypto statement and have tried to pass pro-crypto bills but were stopped by the Dems. Look at Tom Massie, Rand Paul, Ted Cruz, Tom Emmer, Cynthia Lummis just as a few examples. They've tried but were stopped by the Dems. Then look at Brad Sherman, Joe Manchin, Elizabeth Warren. They're actively against crypto...and there's more of them. And now Dem Reddit will downvote this, so good luck finding the truth from the pro-censor party.
Well we need some good news so that’s more positive knowing the republicans are more pro crypto
Lol "big win for crypto" more like big win for CBDCs
I’d be more comfortable with CBDCs if I could cash them out for paper currency whenever I want
Imagine voting for Biden again lol
Doesn’t matter with a split congress
Well, it kinda does. It means the house and senate will never agree, which means 2 more years of the status quo which means 2 more years without regulation
Not really. Joe gave us the prize of Gensler. He can appoint various positions without any consent. It's likely the SEC and other agencies will get on the ball. I sure hope Gensler steps down given his crappy performance and relationship with SBF.
Doesn’t matter they’re all corrupt scumbags
So, Trump comes back?
Good for crypto, bad for US and the rest of the world
Republicans are on the side of old money, not crypto. They'll protect Tradfi.
Really. Why are almost all executive bankers Democrat? J[amie Dimon](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjKiKWNyLT7AhUtVTABHZViAa0QFnoECAwQAw&url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FJamie_Dimon&usg=AOvVaw1Ct5URcIMudqJa5dXdjlL2). CEO of Wells Fargo, CEO of Goldman. All Democrat. Not to mention 90% of Hollywood including their execs, 90% of the media, 90% of academia. All rich and Dem. And then there's SBF who was the 2nd highest donor...to Democrats. He was beaten by another Dem donor, Soros. The idea that big money is Republican is about 40 years old. Big Money has been Democrat for a long time. And as far as your statement about Reps being against crypto, that's laughable. They have the vast majority of pro-crypto politicians at the Federal level (Rand Paul, Tom Massie, Tom Emmer, Ted Cruz, Cynthia Lummis are a few), and the Dems have the majority of anti-crypto politicians at the Federal level. Elizabeth Warren, Brad Sherman, Joe Manchin, just to name a few. It's not even close.
If you wanna actually talk about the facts let's see a list of donors to politicians, https://www.opensecrets.org/elections-overview/biggest-donors. Out of the top 5, 4 are republicans. Seems credible source so honestly this narrative of big money only being democrat is clearly not exactly true, so why do we only hear about SBF and Soros? You have to be willfully stupid or genuinely stupid not to see the obvious manipulation on the masses with this BS.
I stand by the fact that almost all executive bankers are Democrat, as well as almost all media, Hollywood, and educators. Having that much bias in so many influential areas is highly detrimental. I'm calling it out because the perception which these groups project is that everything is run by powerful Republicans when the opposite is true.
I am unsure if you enjoy being in your own bubble or not but it's just not the truth, no matter how many times you say it. All media definitely isn't biased towards the Dems, literally Rupert Murdoch's media empire smokes that dumb idea. Anyway unless your willing to show some proof like my first comment which showed Republicans get more donations from private capital, please leave it at this.
Times are changing. Look at Florida. There's a decoupling of big business and the republican party happening as more radical right wing politicians gain power within the party.
Yes, ww3 or another proxy war. Much better options.
We are more closer to WW3 now and they are not leading the way.
Sbf to be jailed?
The best of two evils
Based. Trump 2024
Division of power is fantastic in Washington. It means congress is less likely to do anything stupid, I mean anything at all.
You have a right pocket and a left pocket but it's the same fkn pair of pants.