The crypto industry was the decisive winner of the 2024 election

Just over two years ago, Sam Bankman-Fried was still wandering the halls of Capitol Hill, doling out campaign donations and convincing lawmakers to pass crypto legislation. Today, of course, he’s waiting out his appeal in a Brooklyn federal detention center with Diddy, but in a cruel twist of fate, his vision came true, two years too late: The U.S. finally had its crypto election. 

When Coinbase picked up the mantle from SBF and launched its “Stand with Crypto Alliance” in August 2023, I was skeptical, to say the least, of the existence of a single “crypto voter,” let alone the 50 million Americans that Coinbase cited as a potential bloc. And I would argue that Coinbase—and the rest of the companies and VCs that joined…

Source link