As the current President Joe Biden announced his withdrawal from the 2024 US presidential election, Kamala Harris became the most likely presidential candidate of the Democratic Party. In a short time, it was reported that her advisory team had asked Bitcoin enthusiast Mark Mark Cuban has consulted on a number of cryptocurrency issues, showing that she may be more open to the cryptocurrency field than Biden.
On the other hand, former US President Trump will deliver a half-hour speech at the 2024 Bitcoin Conference at 3 a.m. on Sunday (28th) Taiwan time. The market is expecting what major benefits he will bring to BTC?
However, we would like to remind you that Trump, who is known for his flip-flopping stance and publicly criticized cryptocurrencies during his previous presidential term, may have a big question mark on whether his current support for Bitcoin and Crypto is sincere or a pre-election vote-grabbing strategy. ?
Buterin: Don’t use “encryption stance” to dominate your political voting
As recently called by Vitalik Buterin, the co-founder of Ethereum, he is opposed to choosing a political camp to support based solely on the “encryption stance” of politicians . He believes that the community should pay attention to the deeper values of freedom and openness behind cryptocurrency, and explore the past attitudes of the two parties towards "technological freedom" to understand the motivations behind their current support for Crypto.
Democratic vs. Republican policy comparison
Therefore, the following dynamic area will sort out the governing directions of the two parties in the United States in recent years for readers. I hope it can help you judge which party is more supportive of the values of freedom and openness? And have a better understanding of the impact that candidates from both parties may have on the United States or the world after being elected.
According to comparative information on the policies of the two parties compiled by the Diffen website, the policies of the Democratic and Republican parties on major issues such as taxation, government role, rights (Social Security, Medicare), gun control, immigration, health care, abortion, environmental policy and regulation The differences in political stance are as follows:
political philosophy
Democratic Party: liberal, left-leaning
Republican Party: Conservative, right-leaning
economic concept
Democrats: Minimum wage and progressive taxation, with higher tax rates on higher income brackets. Born out of anti-federalist ideals but evolved over time to support more government regulation.
Republicans: Believe that no one (including the wealthy) should have taxes increased and wages should be determined by the free market.
society and human concepts
Democratic Party: Based on community and social responsibility
Republican Party: based on individual rights and justice
defense issues
Democrats: Reduce defense spending
Republicans: Increase defense spending
gun control laws
Democrats: In favor of more gun control laws, such as opposing the right to carry concealed weapons in public places.
Republican: Opposes gun control laws and is a strong supporter of the Second Amendment (the right to bear arms) and the right to carry concealed weapons.
same-sex marriage, LGBTQ
Democrats: Favor (some Democrats oppose)
Republicans: leaning against (some Republicans disagree)
abortion
Democrats: Should remain legal; support Roe v. Wade
Republicans: Should not be legal (with some exceptions); oppose Roe v. Wade
death penalty
Democrats: While support for the death penalty is strong among Democrats, there is also a significant portion of Democrats who oppose the death penalty.
Republicans: The vast majority of Republicans support the death penalty.
tax
Democrats: Progressive tax system (higher earners should pay higher tax rates). Generally speaking, there is no objection to raising taxes to fund government.
Republicans: Flat tax (same tax rate regardless of income). There is widespread opposition to tax increases.
Government Regulation
Democrats: Government regulations are needed to protect consumers.
Republicans: Government regulations hinder free market capitalism and job growth.
medical policy
Democrats: Support Medicare for All; strong support for government involvement in health care, including Medicare and Medicaid. Overall support for Obama's health care reforms.
Republicans: Private companies can provide health care more efficiently than public institutions. Oppose provisions of Obamacare: such as (1) requiring individuals to purchase health insurance or paying fines, and (2) requiring the provision of birth control pills.
migrant
Democrats: There is widespread internal support for a moratorium on deportations of certain illegal immigrants or providing them with a path to citizenship. For example, people who have no criminal record and have lived in the United States for more than 5 years.
Republicans: Generally opposed to amnesty for any illegal immigrants, as well as Obama’s executive order to suspend deportations of certain workers and fund increased border enforcement.
Aid to Ukraine and Taiwan
Democratic Party: Supports additional budget bill for military aid to Ukraine, Israel and Taiwan. At the end of July last year, the U.S. government used the Presidential Appropriation Authorization (PDA) to provide Taiwan with US$345 million in arms. In August last year, it announced that it would provide Taiwan with US$80 million in aid through the Foreign Military Financing (FMF) channel. , the first of its kind in history, and a batch of free military aid.
Republican Party: Some members of the Republican Party have been fiercely opposed to the bill to increase aid to Ukraine and advocated reducing the amount of aid to Ukraine, which led to the shelving of this year's bill. During his previous term, Trump signed the "Taiwan Assurance Act" to support Taiwan's enhancement of its self-defense capabilities and normalize U.S. arms sales to Taiwan. During his term of office, Trump approved multiple arms sales to Taiwan. However, in an exclusive interview this month, he criticized Taiwan for taking away all the U.S. chip business and said that Taiwan should pay protection fees to the United States.
