The Breakdown VP Harris' Likely Economic Appointments Seem to Spell Doom for Crypto
Aug 15, 2024
Potential economic appointments in a future Harris administration could adversely affect the crypto industry. There's skepticism about a shift in policies, and concerns are rising over the banking system's role in this landscape. The crypto community showcases resilience despite political uncertainty, stressing the need for political engagement. Vice President Harris's unclear stance on crypto policy raises alarms, urging the community to seek transparency and connection with political figures to influence the future of digital assets.
AI Snips
Chapters
Transcript
Episode notes
Democrats and Crypto
- Speculation about the Democratic party's crypto stance continues, with some hoping for change under Harris.
- Recent economic appointments suggest a continuation of the Biden administration's approach.
Harris's Economic Advisors
- Harris's economic advisors, including Brian Deese and Bharat Ramamurti, signal a continuation of Biden's crypto policies.
- These advisors have a history of supporting stricter regulations and enforcement within the crypto industry.
Crypto Twitter's Reaction
- Crypto Twitter reacted negatively to Harris's appointments, with some Democrats expressing disappointment.
- Nick Carter called it "over" for crypto under Harris, while Austin Campbell expressed ethical concerns.