Democratic party supporters have launched the "Crypto for Harris" initiative to support Kamala Harris, in response to Trump's pro-cryptocurrency campaign strategy.

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Fox Business reported in a report published on Wednesday (7th) that U.S. Democratic supporters are launching a "Crypto for Harris" campaign for presidential candidate Kamala Harris in response to rival Trump's pro-cryptocurrency campaign. Strategy.

According to reports, a new advocacy group called "Crypto for Harris" plans to hold a virtual town hall meeting next week, and the current lineup of speakers includes leftist billionaire and cryptocurrency supporter Mark Cuban ), SkyBridge Capital founder and Trump critic Anthony Scaramucci, and several Democratic House members.

Several Democratic Senate leaders have also been invited to speak at next week's virtual town hall, an event open to the public to discuss how to support Harris' campaign and boost fundraising plans.

Crypto for Harris currently has around 50 members, with its lead organizers made up of industry players and policy experts. Jonathan Padilla, CEO of Web3 marketing company Snickerdoodle said:

“The United States must continue to be a leader in blockchain and cryptocurrency, and organizations like Crypto for Harris are working hard to ensure the right policies and conversations are taking place to ensure this happens.”

Democratic Party Hoax

However, Balaji Srinivasan, former Coinbase chief technology officer and former general partner of venture capital firm Andreessen Horowitz (a16z), commented on the social platform .

Balaji Srinivasan said:

"In the venture capital world, things don't really happen until the money comes in; in Washington, things don't really happen until Gary Gensler is fired."

Balaji Srinivasan said that if the Democratic Party or Harris really wants to support the cryptocurrency industry, the ruling party should take the following actions immediately:

  1. Fire SEC Chairman Gary Gentler
  2. Free innocent developer Roman Storm
  3. Deny unrealized capital gains tax
  4. Stop the SEC's demonstration trial

Balaji Srinivasan further stated that the Democratic Party could take immediate action, but they are actually choosing to test and see whether voters in the cryptocurrency circle will be fooled:

“If they can muddle through with words rather than actions and pretend their hands are tied until the election, then they can get the votes of crypto voters without spending any political capital.”

Balaji Srinivasan bluntly stated that the cryptocurrency movement supporting Harris is nothing more than a "Give me 1 Bitcoin today, and I will give you 2 policies tomorrow" scam launched by the Democratic Party. Balaji Srinivasan called on voters to throw out the Democratic Party in this election, because the only way for the Democratic Party to support cryptocurrency is to make anti-cryptocurrency forces in the party like Gary Gentler and Democratic Senator Elizabeth Warren pay a political price.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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