Topics
later
AI
Amazon
Image Credits:David Paul Morris(opens in a new window)/ Getty Images
Apps
Biotech & Health
Climate
Image Credits:David Paul Morris(opens in a new window)/ Getty Images
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
fund-raise
Gadgets
Gaming
Government & Policy
Hardware
Layoffs
Media & Entertainment
Meta
Microsoft
seclusion
Robotics
security system
societal
Space
Startups
TikTok
transit
speculation
More from TechCrunch
Events
Startup Battlefield
StrictlyVC
newssheet
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
Vitalik Buterin , the Centennial State - beginner of Ethereum , emerge a warning on Wednesday against choosing a candidate purely ground on whether they arrogate to be “ pro - crypto . ”In a web log station , Buterin say it ’s more authoritative to scrutinize a candidate ’s broader policies to ensure they support cryptocurrency ’s underlie goal , including internationalism and protection for secret communications .
“ If a political leader is pro - crypto , the central dubiousness to require is : Are they in it for the right grounds ? , ” compose Buterin . “ Do they have a vision of how technology and politics and the thriftiness should go in the 21st C that aligns with yours ? ”
Further , Ethereum ’s co - beginner made the case that betoken you broadly stand any “ pro - crypto ” candidates could incentivize politicians to elevate the cause in spoiled religion . Buterin notice that dictatorial leaders , peculiarly in Russia , have claim to put up crypto in an sweat to consolidate power .
“ It does n’t matter if they also put up banning encrypted messaging , if they are a superpower - seeking narcissist , or if they bear on for bills that make it even harder for your Formosan or Amerindic friend to attend the next crypto league — all that politicians have to do is verify it ’s easy for you to switch coins , ” said Buterin .
The co - founder of Ethereum suggested to look into a “ crypto - friendly ” politician ’s views on crypto five years ago . He says this can serve well as a guide for whether the pol may turn their position five age in the future .
Notably , former President Trump starkly oppose decentralized tokens five years ago . In atweetfrom July 2019 , Trump said he ’s “ not a fan of Bitcoin and other Cryptocurrencies , which are not money . ” In a follow - up tweet , he said “ we have only one actual up-to-dateness in the USA , ” name to the United States dollar .
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
But in May , Trump completed a total flip - flop on his position regarding cryptocurrencies , becoming the first major presidential nominee to consent bitcoin donation . The Wall Street Journalreportsthat Trump ’s crypto fundraising endeavor have collected $ 3 million worth of donations in the 2nd quarter .