Bitcoin Blockade: Is the US Government Strangling Blockchain?

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BSN reported about the Democrat challenging Nancy Pelosi from the left.

The same liberal, Agatha Bacelar, acknowledges that something must be done about the sorry state of Blockchain America.

Blockchain America: More Onerous Than Socialist China.

She writes on her website:

“The once-bright future for crypto in America has been dimming. San Francisco, once a headquarters for the crypto industry, has suffered as federal intervention pushed innovators out of our district and the country. Blockchain startups no longer incorporate in the U.S., while regulatory inaction and policies favoring big tech companies have allowed monopolies to block out competition that the next web would bring.”

This reporter generally refuses to pick either gang of criminals known as political parties, although he would be considered a “conservative” if asked a lot of fiscal questions.

Nevertheless, having reported on this industry for years, the same reporter must admit that Pelosi’s challenger, who would join the ranks of AOC in pushing the historically moderate (globally speaking) liberals further left, is 100% correct.

Which raises a quandary for many in the crypto community, currently bereft of a real political base after Donald Trump disabused Bitcoiners of any notion he “was a fan” of the technology.

From a high-level, politically, cryptocurrency supporters may be faced with a decision in the coming elections, and those to follow. The decision is to support otherwise freedom-loving conservatives who may or may not support cryptocurrency, or selectively support a gang of democrats who promote blockchain.

Among them are Eric Swalwell, presidential candidates Tulsi Gabbard and Andrew Yang, and our opening subject, would-be California representative Agatha Bacelar.

How Republicans Can Win The Blockchain Vote

The strategy is clever enough, but it’s easy for conservatives to combat.

All they have to do is come to an agreement about the potential value of cryptocurrency and blockchain technology, and agree that it, like any industry, will be better left to grow without interference from the long arms of government.

This will place the support of the blockchain industry firmly where you’d think it would already be.

As this reporter has commented before, it’s a curious thing to be a blockchain community participant in America. You are neither, necessarily, democrat, republican, white, black, nor rich or poor.

Cryptocurrency cuts across virtually every line that groups humans.

For every democrat who believes Bitcoin should be eradicated, a few Republicans feel the same way, and vice versa.

Then again, if someone will vote against your right to decentralized finance, they’ll probably vote against other obvious liberties. So a little competition from a would-be socialist dictator isn’t the worst thing for districts where alleged conservatives happily talk of banning cryptocurrencies or otherwise telling the people what they can do with their own money.

Note: the opinions expressed in this article belong to the author alone and should not be attributed to BitStarz News.

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