2 years ago
The regulatory clampdown connected crypto successful the U.S. volition “alienate an full procreation of would-be Democrats,” Cameron Winklevoss, the co-founder of crypto speech Gemini, tweeted connected June 11.
The Democratic enactment would person mislaid the 2022 Presidential predetermination without enactment from young voters, according to a CNN analysis. Therefore, securing young voters’ support, including millennials, GenZ, and imaginable Democrats, is important if the enactment wants to triumph the adjacent election.
But Democratic enactment legislator Elizabeth Warren and Securities and Exchange Commission (SEC) seat Gary Gensler are waging a “war against crypto,” Winklevoss tweeted. Last week, the SEC sued 2 of the largest crypto exchanges, Binance and Coinbase.
Warren and Gensler’s anti-crypto stance volition enactment disconnected millennial and GenZ voters who person embraced crypto, Winklevoss noted. He added:
“Crypto has already won the hearts and minds of Millennials and GenZ. They don’t statement the merits of crypto. They statement wherever and what to physique next. And millions person enactment their life-savings into crypto. They won’t hide the worth demolition Warren and Gensler person caused.”
Winklevoss explained that the Democrats either bash not recognize what is happening with Warren and Gensler oregon they are “grossly miscalculating” the interaction of their actions connected the younker ballot successful the adjacent election.
He added: “They whitethorn not attraction astir crypto, but they volition attraction astir the mislaid votes.”
The station The crypto crackdown volition alienate ‘would-be Democrats’: Cameron Winklevoss appeared archetypal connected CryptoSlate.
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