Crypto war could cost Democrats election of 2024

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Last Updated on 6 November 2023 by CryptoTips.eu

Cameron Winklevoss and his brother Tyler became world famous when they appeared in the movie ‘The Social Network’ about the origins of Facebook. According to the twins, they had the original idea for Facebook and Mark Zuckerberg stole their idea. They took him to court and Mark had to pay both gentlemen a fine. With that money, they founded the crypto platform Gemini in 2014, which has since grown into a medium-sized company.

However, due to the SEC’s indictment against Coinbase and Binance, many now expect US crypto investors to move to Europe and try to become a client of a crypto platform.

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GenZ

The twins therefore claimed this weekend that the White House Democrats’ “war on crypto” would cost them a large share of the youth vote in 2024.

According to a recent report from Coinbase, 20% of the entire US population, or 66 million people, now own digital coins. Most of those 66 million are from the Millennials and GenZ generation.

The so-called war on crypto that the White House is waging is led by Senator Elizabeth Warren and SEC Chairman Gary Gensler, both members of President Joe Biden’s Democratic party.

“Roe v. Wade cost Republicans the midterms,” said Tyler “The Senator Warren and Gary Gensler war on crypto will cost Dems the 2024 election.”

“Crypto has already won the hearts and minds of Millennials and GenZ, they don’t debate the merits of crypto; and they won’t forget the value destruction Warren and Gensler have caused.”

Social media commentators also noted that the Democrats apparently had no problem with crypto when Sam Bankman-Fried was CEO of FTX and he made some $40 million in “political” donations each year.

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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