As a seasoned analyst with extensive experience in the digital asset sector and a keen eye for political dynamics, I find it intriguing to observe the ongoing crypto-political dance between key figures such as Tyler Winklevoss and Kamala Harris. Given my background in both technology and finance, I can’t help but see the humor in Tyler’s comment about Harris needing only an internet connection to attend the virtual meeting – a dig that underscores the accessibility and ubiquity of crypto and its related technologies.
Tyler Winklevoss, a co-founder of cryptocurrency exchange Gemini, expressed surprise that Vice President Kamala Harris did not participate in the crypto discussion held on August 8th.
“All she needed was an internet connection,” Tyler said in a post on X.
Currently serving as the U.S. Vice President and running for the Democratic Party’s presidential nomination in the upcoming election is Kamala Harris. Her primary opponent is Donald Trump, a former president who has been vocal about his supportive stance towards cryptocurrencies. In fact, he has promised to discontinue Joe Biden’s anti-cryptocurrency policies if re-elected.
After withdrawing from the race and backing his vice president, it’s clear that Biden won’t be running anymore. This move opened up an opportunity for Harris to reconsider her party’s viewpoint on cryptocurrency, according to several onlookers.
Although Trump recently attended the Bitcoin (BTC) 2024 conference, a chance that Kamala Harris apparently missed, critics have pointed out that she hasn’t publicly addressed cryptocurrency yet. Furthermore, there are ongoing discussions suggesting that Operation Chokepoint 2.0 continues to exist.
Significantly, approximately 50 million Americans are cryptocurrency owners, eager to influence the U.S. as a leading hub for blockchain and digital currency advancements.
‘Technical difficulties?’ Winklevoss wondered
Crypto is encouraging Harris to articulate her views and offer guidance on how her presidency might approach cryptocurrencies. Trump has taken steps to clarify his stance, such as pledging not to sell the U.S. government’s Bitcoin holdings, considering dismissing Gary Gensler from his position, and advocating for policies aimed at creating a national Bitcoin reserve.
Could it be that Harris wasn’t obligated to participate in the meeting? Possibly not, considering the August 8th crypto roundtable included several of the highest-ranking White House officials.
Despite the virtual nature of the meeting, Tyler couldn’t help but make a jab at her absence, much like Cameron Winklevoss did.
“It appears she’s busy with her political tour, yet the meeting took place online. All that was required was a stable internet connection. Was there any technical hiccup?” – This is how the Gemini co-founder posted on X.
Tyler has likewise refuted the Crypto4Harris initiative, which presents itself as a “homegrown” movement advocating for a sophisticated cryptocurrency policy strategy within the Harris presidential campaign, as unfounded.
From my perspective as an analyst, what intrigues me most about the Crypto4Harris plan is their subtle strategy in shaping cryptocurrency policy. It’s almost as if they believe that a delicate touch can undo the damage caused by an Administration that seemed to threaten our entire crypto sector with annihilation. I suppose we could call it a soft battle against cryptocurrencies, if one were to be generous.
— Cameron Winklevoss (@cameron) August 9, 2024
Who attended the roundtable?
As per The Block’s report, the attendees were Wally Adeyemo, who serves as Deputy Secretary of the Treasury, Lael Brainard in her role as U.S. National Economic Council Director, and Kristine Lucius, who is Kamala Harris’ director of legislative affairs.
The gathering at the White House marked its second occurrence and brought together key figures from the industry, including Brad Garlinghouse (CEO of Ripple), Jeremy Allaire (Circle’s CEO), and Paul Grewal (Chief Legal Officer of Coinbase. )
The leading figures from Uniswap, the Stellar Development Foundation, Kraken, and the crypto investment powerhouse Andreessen Horowitz were all present at a high-level meeting.
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2024-08-09 21:32