Scaramucci, Founder of SkyBridge predicted in an interview with Crypto Banter that the White House will grow increasingly supportive towards cryptocurrency, culminating in two pro-crypto candidates running in the next presidential election.
Scaramucci, who worked as the White House Director of Communications during Trump’s presidency, emphasized Treasury Secretary Janet Yellen’s remarks that cryptocurrency is quickly becoming a part of American finances.
Scaramucci stated:
“Let me just say this to you, follow the money because there is a water-wall of money entering Washington from the different associations and lobbying groups. I’ll make a prediction on your show that the 2024 final two presidential candidates will be pro-crypto, pro-blockchain. Follow the money.”
Following President Joe Biden’s recent Infrastructure Bill, Scaramucci said that earlier detractors of crypto were warming up to digital assets. Scaramucci claimed that the White House and US officials are under pressure to satisfy their crypto-holding constituents.
He went on to say:
“You have 73 million people that own [crypto]…This is a ‘DLO’– decentralized lobbying organization. 73 million people descending on these people, calling them. That’s how Washington works.”
Scaramucci compared the political response to cryptocurrency to Uber, claiming that authorities first refused to allow the ride-hailing business to operate. However, as a result of the tremendous popularity of the movement, politicians began to alter their stances to be more supportive, reacting to the “will of the people.”
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Patrick
CoinCu News
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…
Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…
Palo Alto, California, 21st November 2024, Chainwire
This website uses cookies.