Winklevoss Twins: Democrats Will Face Backlash Due To Fight Against Crypto
It’s been reported that the Dems will be seeing some pretty harsh backlash following their latest choices in terms of fighting gainst the crypto space. Check out the latest reports below. Dems against the crypto space Ca...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It’s been reported that the Dems will be seeing some pretty harsh backlash following their latest choices in terms of fighting gainst the crypto space. Check out the latest reports below.
Dems against the crypto spaceCameron and Tyler Winklevoss predicted the fact that Democrats will lose voters in upcoming elections due to their anti-crypto agenda.
The Gemini co-founders posted on their social media account the fact that the “war on crypto” will cost the Democrats the 2024 US presidential election.
Tyler said:
Roe cost Republicans the mid-terms. The @SenWarren and @GaryGensler war on crypto will cost Dems the 2024 election.
— Tyler Winklevoss (@tyler) June 11, 2023
Cameron echoed his twin’s sentiments, and he also made sure to add the fact that the Democrats’ anti-crypto stance will turn off the important demographic of youth voters.
“The Senator Warren and Gary Gensler war against crypto is going to alienate an entire generation of would-be Democrats. Winning the youth vote with ‘get out the vote’ is [a] key part of Dem playbook. Dems believe the youth vote will carry the day…”
He continued and said this:
Crypto has already won the hearts and minds of Millennials and GenZ.
They don’t debate the merits of crypto.
They debate where and what to build next.
And millions have put their life-savings into crypto.
They won’t forget the value destruction Warren and Gensler have caused. pic.twitter.com/iaZxKloVxx
— Cameron Winklevoss (@cameron) June 10, 2023
He also posted the following message:
Two explanations: (1) blue establishment either doesn’t understand what’s going on w/ Warren and Gensler or (2) are grossly miscalculating impact of their actions on youth vote this upcoming election cycle.
They may not care about crypto, but they will care about the lost votes.
— Cameron Winklevoss (@cameron) June 10, 2023
Make sure to check out the original article posted by the online publication the Daily Hodl, and stay tuned for more news from the crypto space.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Bitcoin’s Final 929,465 BTC Will Take More Than a Century to Mine
Bitcoin has already produced about 20.07 million BTC since it launched in January 2009. At block height 962570, roughly 929,465 bi...
SEC Delays Vote on Exemptions for Crypto Fundraising
In SEC crypto news today, the Securities and Exchange Commission canceled its August 14 open meeting, which had been scheduled to...
CLARITY Act faces Senate vote as banks oppose stablecoin rewards
The Senate vote on the CLARITY Act could reshape the crypto landscape, influencing regulatory approaches and market dynamics for s...
Citi CEO Wants ‘Good’ Crypto Clarity Act To Get Passed
Bitcoin Magazine Citi CEO Wants ‘Good’ Crypto Clarity Act To Get Passed Citigroup CEO Jane Fraser has said that while some improve...
SEC cancels crypto fundraising meeting, leaving token issuers with no new path to fund development
The US Securities and Exchange Commission canceled the open meeting scheduled for Friday morning, delaying the first public look a...
SEC Cancels Friday Meeting to Propose Regulation Crypto, Innovation Exemption Also Facing Delays
The U.S. Securities and Exchange Commission called off the open meeting at which it planned to propose Regulation Crypto, its firs...