Key Points:
Tyler Winklevoss criticized the Biden-Harris administration's crypto policies.
They said that the Industry 'Will Show No Mercy' In November.
Tyler Winklevoss criticized the Biden-Harris administration after Kamala Harris Bitcoin snub, rejecting an invite to The Bitcoin Conference. He warned of political repercussions amid crypto community frustration.
Kamala Harris Bitcoin Snub Faces Tyler Winklevoss's "No Mercy" Warning
Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini, finally exploded on the Biden-Harris administration over their laxity on cryptocurrency, with a unique targeting on Vice President Kamala Harris. Winklevoss's outburst began after Harris rejected an invitation to speak at The Bitcoin Conference in Nashville.
https://twitter.com/DeItaone/status/1816471807651692882 Kamala Harris Bitcoin Snub Sparks Outrage
Winklevoss called the administration's actions a "war on the crypto industry" that has been waged over the past four years. The conference organizers did extend an invitation to her, which she refused. Winklevoss noted the missed opportunity for dialogue, saying, "She can't even take the first step and show up to start mending fences."
Harris's decision to skip the conference has attracted a very stern warning from Winklevoss: "Our industry won't forget this. We will show no mercy in November." This statement reflects, once again, the crypto community's frustration with the present administration's stance regarding regulation.
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Crypto Community's Reaction to Administration Policies
This news also disappointed David Bailey, CEO of BTC Inc., which hosts the Bitcoin 2024 conference. Bailey says there could have been avenues for dialogue if Harris had been in attendance. Tierion founder and CEO Wayne Vaughan took jabs at the administration's policies, saying major course corrections are needed to rebuild trust.
With the midterm elections drawing close, the cryptocurrency community's reaction against perceived regulatory overreach is likely to have broad implications for political discourses and market dynamics. The crypto industry's response to Harris's seeming snub and Winklevoss's warning of "no mercy" is likely to form one of the highlights in the coming elections.
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