Arthur Hayes urges American crypto holders to unite and influence the 2024 elections by demanding legislative changes rather than relying on political promises.
Points
- Arthur Hayes calls for crypto holders to influence the 2024 elections.
- Emphasizes the need for pre-election legislative changes.
- Skepticism about political promises without concrete actions.
- Advocates for treating cryptocurrencies as protected speech under U.S. law.
Arthur Hayes, co-founder of BitMEX, has issued a wake-up call to American crypto holders, urging them to unite and wield their influence in the 2024 elections. Hayes stresses the importance of demanding tangible legislative changes that benefit the crypto sector, rather than relying on empty political promises.
The Political Leveraging of Crypto:
Politicians are increasingly courting the crypto community, promising favorable regulations and support. However, Hayes expresses deep skepticism about the sincerity of these overtures, citing a pattern where politicians abandon their promises post-election.
Skepticism and Strategy:
To counter this, Hayes advocates for a proactive stance where crypto holders demand concrete legislative changes before offering their support to any candidate. He argues that cryptocurrencies should be treated as protected speech under U.S. law, ensuring their place in the financial system and safeguarding against overreach by regulators.
解説
- Political Influence: Hayes highlights the growing political importance of the crypto community and the need for voters to leverage this influence effectively.
- Demand for Action: Emphasizing the need for pre-election legislative changes ensures that promises translate into concrete actions that benefit the crypto sector.
- Skepticism of Politicians: Hayes’ skepticism about political promises without follow-through underscores the need for a more strategic and proactive approach from the crypto community.
- Protected Speech: Treating cryptocurrencies as protected speech under U.S. law could provide stronger legal protections and stability for the industry, fostering innovation and growth.
- Electoral Strategy: By uniting and demanding tangible legislative changes, crypto holders can significantly impact the 2024 elections and shape the regulatory landscape to support the industry’s future.