Winklevoss brothers: Democrats' war on cryptocurrencies will cause them to lose elections
Winklevoss brothers: Democrats' war on cryptocurrencies will cause them to lose elections
One of the founders of cryptocurrency exchange Gemini, billionaire Cameron Winklevoss, believes that the Democratic Party of the United States achieved success in 2020 only because of the support of the younger generation. However, the party's current policies are alienating young people, which will lead to a "loss of votes" in the next election.
"Senator Warren and Gary Gensler's war against the crypto sector will lead to a loss of voters," Cameron tweeted.
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The same opinion is shared by his brother Tyler, who shared it on his Twitter page.
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Cameron Winklevoss condemned attempts by U.S. Senator Elizabeth Warren and SEC head Gary Gensler to undermine the cryptocurrency industry, saying their actions could have dire consequences for the Democratic Party, CryptoNews reported.
Winklevoss stated that cryptocurrency has already made its way into Generations Y and Z, and they will not forget how Warren and Gensler 'destroyed the world'.
Statistics are also on Winklevoss' side. According to a Coinbase report, approximately 66 million Americans own digital assets.
Previously, we reported that SEC policies are forcing cryptocurrency exchanges to leave the U.S.
It's fair to say, however, that not all Democrats are opposed to cryptocurrencies. Robert Kennedy Jr. and Cynthia Lummis are ardent supporters of digital assets.
