Bitcoin voters could decide close U.S. elections as bipartisan political support grows - Lyn Alden Cryptocurrencies
“Bitcoin was more quickly embraced by the Republican Party,” Alden said, “but we had one of the leading Democratic candidates speaking at the Bitcoin conference, and there's a book published just months ago called ‘A Progressive’s Case for Bitcoin.’ I think we're seeing footholds where Bitcoin is not just seen as a conservative or libertarian-adjacent technology and instead it's one that at least certain segments of the political left are embracing more.
“It gets much harder to pass when you have at least significant minorities on both sides that are willing to go to bat for it,” she said. “I think it's a positive, and for sure it's one of the most constructive takeaways I have from this conference.”Alden also sees Bitcoin becoming a bigger issue during election campaigns, because it will be a key issue to a growing segment of the electorate.
“It's actually one of those things where there's public misperception around it, there's political misperception, and then there's some competing interests that can purposely muddle that perception on the political side,” Alden said. “I think we're in an environment now where the existing system, whether it's governments, whether it's banking systems, would not exactly be thrilled with a much larger Bitcoin network.
Alden said that when people hear that Bitcoin mining uses as much electricity as Argentina “that sounds horrific, that sounds like something absolutely is out of control”, but it doesn't tell the real story.
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