Look who's the #1 politician at the top of the "anti-crypto list"

[karin_sj]

You guessed it: Joe Biden!

https://www.standwithcrypto.org/politicians

By the way, this is a MUCH shorter list than the "pro-crypto" list.

[karin_sj]

1. Checked my own state's politicians

... just for the heck of it and every single frickin' Democratic politician is on the pro-crypto list! (I'm in California), including those who said publicly that Joe should step down.

[onecaliberal]

4. This is what my opinion of the Dem senatorial candidate is based on.

[BumRushDaShow]

7. "every single frickin' Democratic politician is on the pro-crypto list! (I'm in California)"

Because much of the "industry" is headquartered and/or is concentrated there.

When FTX collapsed thanks to Sam Bankman-Fried, it took out several other banks that were associated with and/or supporting crypto and the tech industry there, including SVB (CA), First Republic (CA), Signature Bank (NY), and BlockFi (NJ). The feds came to the rescue to get them taken over/reorganized as much as allowed by law.

Those who run these crypto things, are the "new oligarchs".

[nbsmom]

15. That's not exactly correct.

The FTX collapse may have contributed, but Silicon Valley Bank collapsed due to a lack of diversification and a bank run caused by (wait for it) Peter Thiel. SVB had a large amount of bank deposits in long-term US treasuries and agency mortgage-backed securities, and those values fell as the Fed raised interest rates.

Thiel and his top operations executives started a whisper campaign on March 9 on social media for reasons that weren't clear at the time. They held conference calls with other SVB Founders Fund companies, saying that the Founders Fund was pulling money out of SVB.

I don't know about BlockFi, but First Republic and Signature Bank failed due to contagion with the SVB collapse.

[BumRushDaShow]

16. "but Silicon Valley Bank collapsed due to a lack of diversification"

and the "crypto" part was what brought it and others down after the "whisper campaign" and runs on the banks.

[nbsmom]

13. The sort on this list is sus AF

Thanks for sharing this list, although the information seems to be a mixed bag.

I ran a sort with the following settings:
- Stance on crypto: all
- Role: all
- Party: Dem
- State: CA

What I got was Brad Sherman with an "F," followed by 24 Dems (including some big names in CA politics) with grades of "A" and "B," which seems pretty bad.

But if you keep scrolling, you get another 24 Dems with an "F" grade (including names like Alex Padilla, Katie Porter and John Garamendi), followed by the names of other CA Dem reps and CA Dems running for office listed as "pending."

So, it's not great. But it's not "every single frickin' Democratic politician" in CA.

[dchill]

2. Checking in even though I knew the answer.

👍🙂

[ancianita]

3. As he should be.

https://www.investopedia.com/terms/c/cryptocurrency.asp#:~:text=The%20advantages%20of%20cryptocurrencies%20include,and%20use%20in%20criminal%20activities.

[TommieMommy]

5. 👍😁

[PatSeg]

6. This is insanity

Hard to believe there are so many politicians "for" crypto. Any reasonable person should be able to see that it is a scam. I've even heard it compared to a Ponzi scheme.

I can understand some gullible people falling for it, but not members of congress who should know better.

[BumRushDaShow]

12. I expect the industry lobbied hard and provided "donations" for their campaigns

Et voila!

(now the industry has double-checked the taser wires that they fired into them with those donations and is activating the current to make them comply)

[PatSeg]

18. That doesn't say much about our politicians, does it

[bdamomma]

17. Cypto

is a scam isn't it?????

[BumRushDaShow]

8. From your link here in PA (filtered for Congress)

Highlighted is MY congressman (PA-3) and note the "Strongly against".

Of the "Strongly Supportive", at least 2 out of 3 (Houlahan and Wild) have called for a step down. The 3rd (Boyle) has so far indicated Biden support within the past 2 weeks.

Brendan Boyle Crypto letter grade of A Strongly supportive Congressperson Pennsylvania Democrat

Chrissy Houlahan Crypto letter grade of A Strongly supportive Congressperson Pennsylvania Democrat

Susan Wild Crypto letter grade of A Strongly supportive Congressperson Pennsylvania Democrat

Bob Casey Jr. Crypto letter grade of C Neutral Senator Pennsylvania Democrat

John Fetterman Crypto letter grade of D Against Senator Pennsylvania Democrat

Matt Cartwright Crypto letter grade of F Strongly against Congressperson Pennsylvania Democrat

Madeleine Dean Crypto letter grade of F Strongly against Congressperson Pennsylvania Democrat

Chris Deluzio Crypto letter grade of F Strongly against Congressperson Pennsylvania Democrat

Dwight Evans Crypto letter grade of F Strongly against Congressperson Pennsylvania Democrat

Summer Lee Crypto letter grade of F Strongly against Congressperson Pennsylvania Democrat

Mary Scanlon Crypto letter grade of F Strongly against Congressperson Pennsylvania Democrat

[ramapo]

9. This is very interesting

I'm a bit shocked.

[KPN]

10. Money ...

[japple]

11. Thank dog for GA Senators Raphael Warnock and Jon Ossoff. Both strongly against. Of course,

MTG strongly supports.

[superpatriotman]

14. Crypto currency is only for tax dodging

money laundering, gambling and drug dealing.

That these "bros" somehow think crypto will be the standard worldwide currency replacing the dollar, the yuan or the Euro, etc. is beyond fan fiction.