Cash News
The battle lines, at least for the foreseeable future, are rather starkly drawn, and it’s clear that amassing political power is an existential mission for the crypto industry, rather than simply a side project. “[We] decided that we really need to influence the electoral elements of politics,” said Justin Slaughter, policy director at Paradigmspeaking at Reboot 2024a San Francisco technology conference focused on politics. “Because we don’t have a policy problem, we have a politics problem.”
“Silicon Valley has woken up to politics, recognizes the stakes, and is playing to win,” according to the conference’s website, which featured speakers such as Gary Tan and the Heritage Foundation’s Kevin Roberts—who promised a “Project 2028” if Harris wins.
“Ideological strands unite the crypto industry and founders with the [Republican] Party itself. Which is, we support pro-freedom, pro-liberty, we support a max amount of choice to use your dollars, to have independence and freedom,” Jessica Anderson said, speaking at the “New Politics of Crypto” panel alongside Slaughter. “So I think the genesis of the industry aligns very nicely with Republicans, and in a lot of ways, that’s providing common cause this year.”