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Kamala Harris revealed today she is “supporting a regulatory framework for cryptocurrency and other digital assets so Black men who invest in and own these assets are protected.”
Nope, that’s not clickbait: Harris’s very first particular crypto policy is here, and it’s race-based.
As a Bitcoiner, I need to state, this is a substantial bad move, and it reveals Harris in no other way comprehends Bitcoin, a network where everybody currently has equivalent gain access to no matter race, color, creed.
Harris and the Democrats have for years promoted themselves as “anti-racist,” while identifying their challengers and anybody who challenges them as racist. Here, Kamala is extending that policy to crypto, playing favoritism with one particular market.
Let’s simply think of Trump had actually brought out a program specifying he will deal with policy that will benefit white individuals in the crypto market. The media would remain in outcry about it. But, unlike Harris, Trump is not preferring one race of individuals over everybody else. He is making pro-Bitcoin policies that are for ALL Americans.
On this basis alone, Trump’s method is unquestionably far much better for Bitcoin than the one Harris has actually proposed: he really offers particular information on what precisely he would do to promote development within this market if chosen, and it describes how these policies benefit everybody.
This brand-new rhetoric by Harris seems absolutely nothing more than simply pandering for votes to one group of individuals, while most likely losing votes from the others that she’s left out. Any citizen informing themselves otherwise is lying to themselves.
Let’s ask ourselves this, do we believe that Harris’s policies will make it much easier for Black Americans to gain access to and own Bitcoin? Or do we believe that her administration will make it harder? If more obstacles are put on Black Bitcoin purchasers, I for one, can’t think of anything even worse.
Bitcoin is an open source procedure open up to anybody in the world. It does not care what race you are – anybody can utilize it. This policy is a slap in the face to all American Bitcoiners, and Bitcoin citizens ought to head to the surveys in 3 weeks to ensure she isn’t chosen as President.
This short article is a Take. Opinions revealed are totally the author’s and do not always show those of BTC Inc or Bitcoin Magazine.
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