Vitalik Buterin, the mastermind behind Ethereum, recently shook up the crypto sphere by advising against voting for politicians solely based on their pro-crypto stance. His post on X caused a storm of reactions within the community. While some share his concerns, others, like Cardano co-founder Charles Hoskinson, believe that this approach lacks strategic vision for the survival and growth of the industry.
Buterin and the singularity of the political issue
Buterin warns against the risk of supporting “pro-crypto” candidates without assessing their overall vision for technology and society. He said such an approach could result in support for politicians whose broader values might conflict with those of the crypto community.
He assures :
” By making it appear that you support candidates simply because they are pro-crypto, you contribute to an environment where politicians only have to fake their support to win votes. »
This statement was sharply criticized by Charles Hoskinsonwho argues that making cryptocurrency a major election issue will force politicians to moderate their actions against the industry.
Bitcoin and Politics: A Marriage of Convenience?
The debate on theimportance of crypto in electoral choices has gained momentum ahead of the 2024 U.S. presidential election. Hoskinson, a staunch crypto advocate, argues that Voting for pro-crypto candidates is essential to protect the industry.
According to him, voting for candidates like Joe Biden could be disastrous for the future of crypto in the United States. He declares on X :
” A vote for Biden is a vote for the death of the American crypto industry. »
This statement is supported by impressive numbers: a Harris Poll study for Grayscale shows that 47% of US voters plan to include cryptocurrencies like bitcoin and ether in their investment portfolio.
Chain reactions in the crypto community: Buterin under fire
Buterin's remarks also attracted the wrath of figures like Ryan Selkis, the former CEO of Messari. Selkis, known for his extreme positions, called Buterin a ” most naive and useless political commentator “.
In openly supporting TrumpSelkis shows how The crypto issue can polarize opinions. According to him, Crypto survival requires an aggressive policy approacheven if it meant supporting controversial figures. He eventually resigned because his stance was deemed excessive.
Mask Network founder Suji Yan reacted with outrage:
” This is insane. We are cutting all ties with Messari. »
This tense climate shows that crypto has become a central issue in the political debate, capable of dividing even its most ardent defenders.
Vitalik Buterin, guardian of crypto’s original values, continues to warn against dangerous investments and risky political alliances. For him, integrity and global vision must take precedence over immediate gains.
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