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0 sats \ 0 replies \ @grayruby 26 Jun 2024 \ on: Ripple's Garlinghouse says SEC Gensler's actions could sink Biden in November bitcoin
He definitely has a completely unbiased opinion considering he is currently in litigation with the SEC for securities fraud. Garlinghouse and Larsen are two of the slimiest people in the "crypto" cesspool and that's really saying something.
I don't think the "crypto" vote is actually a meaningful thing. Most bitcoiners weren't voting Biden anyways and there are very few crypto zealots outside of crypto twitter. Sure a lot of people hold crypto because they bought $50 in dogecoin a few years ago or hold some "eth" or some other shitcoin because they were sold it was the next bitcoin and they could get rich. Coinbase can throw out whatever made up number they want but the actual amount of people voting on this issue isn't likely to be very large.
I do think the 100M dollars coinbase, crypto VCs etc have raised to make the "crypto" vote a thing is the actual meaningful thing.
More power to them let them destroy themselves. Waiting for "crypto" to actually try to build something useful instead of being motivated by the perverse incentives of short term thinking and getting rich quick is like waiting for pigs to fly.