Crypto and the 2024 Election

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

It's tough to say definitively because most candidates haven't directly addressed DeFi in their platforms. Generally, someone like Chase Oliver, with libertarian leanings, might be more inclined to support policies that encourage financial innovation and reduce regulatory barriers. He'd likely focus on promoting a more open and decentralized financial system, minimizing government interference. Others, like Kamala Harris, might focus more on regulatory oversight and consumer protection, aiming to prevent fraud and ensure security in these emerging markets. Without clear policy statements from the candidates, it's all a bit speculative at this point.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Launching a DeFi project so close to the election could be seen as a double-edged sword. It might attract tech-savvy voters who are excited about financial innovation, but it's a complex topic that most people aren't familiar with. This could end up confusing or even alienating Trump's base, who might not see the relevance of DeFi to their everyday concerns. Plus, with all the regulatory uncertainty around DeFi, it could draw unwanted attention and create more controversy than support. It's a bold move, but it's hard to say if it'll help or hurt him in the end.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Chase Oliver sounds like a libertarian, but I think he has no chance of being elected president. Between Trump and Harris, the former sounds more dovish so far.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Did not provide comment.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

The Republicans are outwardly engaging with the crypto community, offering support. While the Democrats have recognized crypto is a key community to win, they have provided very little direction on their support for the sector.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Trump's new DeFi project is more a market signal of his understanding and support of the sector. As a commercial businessman, he has always blurred the lines between governance and profit, and this is another example of it.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Trump has a history of open and growth-oriented fiscal and monetary policy.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

The politicization of DeFi / crypto projects is polarising and will alienate outsiders. It has generally not been a good idea historically to mix politics and crypto.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

I believe a shift in policy focus is likely due to the recent pledge for a Bitcoin reserve and a change of leadership at the SEC, which could result in a more favorable approach to crypto regulation. Key policy areas would likely include clearer guidelines for crypto financial products, improved custody and security measures for Bitcoin reserves, and increased transparency in ETF operations. These changes would help foster greater trust and integration of Bitcoin into mainstream finance, driving broader adoption and potentially bolstering market confidence.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

I think Trump's new DeFi project could be a good idea, even with the election approaching, as it aligns with his pro-business stance and could drive innovation in the financial sector. DeFi has the potential to create new jobs, boost economic activity and increase prosperity for the US by decentralizing finance and making it more accessible. If implemented well, it could strengthen the US's position as a leader in blockchain and cryptocurrency, while also appealing to younger, tech-savvy voters who are interested in decentralized technologies.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Trump is pro-crypto, especially with his newly formed World Liberty Financial and his funding coins. He will be working with Elon Musk, another crypto supporter, to make the crypto more accessible and wider usage. However, DeFi is another issue, and he will do so that the government will be involved in the legislation and not make it 100% open, but making sure his DeFi platform will be the defacto safe place to bridge the consumers and government. Think of it as another PayPal. Moreover, Trump stressed the non-support of CBDC, meaning having a third party DeFi platform is the direction.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

It's about bringing power back to the common people, for them to have a choice to use crypto in a safer and more manageable area. This rides well with voters as governments were always trying to force people to use their platforms for taxation purposes, especially now when everyone is having a hard time living.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Trump is a businessman and understands that the crypto world has a lot of involvement with people who own a lot of money.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Yes, because it helps to bring more people to Trump's campaign who are crypto investors.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Harris has never openly backed bitcoin, but if she wins the election, she's likely to continue Biden's policies and concentrate political resources on Fintech innovations. I think it's very likely for Harris to push policies toward greener Bitcoin mining to reduce problematic energy consumption.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Trump is a wild card and never walks in a straight line. With elections around the corner, any mistakes or likely missteps will lead to increased scrutiny and could pose conflict and distraction from the very political campaign itself. So, no — not a good idea.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

If Trump were to take a more open stance on DeFi (decentralized finance), it could align with his pro-business and deregulation approach, which supports innovation and market-driven growth. He has a history of reducing regulations to create an environment where businesses thrive with minimal government intervention. DeFi's focus on decentralization and limited central authority might resonate with his policy views.

In terms of specific policies, a Trump administration might prioritize:

• Deregulation: Lowering regulatory burdens for blockchain and DeFi startups to reduce compliance costs.
• Tax Incentives: Offering tax breaks to encourage capital flow into blockchain and DeFi, positioning the US as a leader in this space.
• National Security: Creating policies to ensure DeFi platforms aren't used for illegal activities, focusing on anti-money laundering (AML) and Know Your Customer (KYC) standards.
• Public-Private Collaboration: Promoting partnerships between DeFi projects and traditional financial institutions to integrate innovation into the mainstream economy.

However, Trump's previous criticisms of cryptocurrency could present challenges. Whether he embraces DeFi might depend on finding a balance between fostering innovation and addressing security concerns.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

If Trump were to launch a DeFi project before the election, it would be a bold yet risky move. On the positive side, it could attract younger, tech-savvy voters who are interested in crypto and blockchain, aligning with his pro-business stance. However, DeFi is still volatile, and any missteps, such as security breaches or regulatory issues, could backfire. Moreover, DeFi's association with fraud or scams could become a target for opponents, especially during heightened regulatory scrutiny, diverting attention from his core campaign message. Timing is a significant challenge here.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Did not provide comment.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Did not provide comment.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Did not provide comment.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Did not provide comment.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Trump has very little interest in policies in general. He seemed to do nothing much in the area when he was president. He has flipped from calling crypto a scam to embracing some of its promoters when he thinks there could be votes and donations in it.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

It would just create yet another conflict of interest were he to become president.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Kamala has never mentioned DeFi to my knowledge. Trump seems to be open to financial innovation although I wish he wouldn't have launched his own DeFi product.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Someone running for president should be sparing on financial innovation, not leading the vanguard. It's too risky for individuals, Trump and the industry at large.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Harris has been closely watched and only recently uttered the word 'blockchain,' which has led many to think she'll maintain the anti-crypto stance of the Biden/Harris administration. That would be more bearish for the near term.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

It's cringeworthy. Unfortunately, it feels more like a cash grab than a legitimate DeFi project. It also draws a direct line for skeptics from crypto to Trump, further undermining the industry.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Did not provide comment.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Trump's new DeFi project may help him gain support from the industry. We've seen this in the past with his NFT projects and accepting crypto for campaign donations.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Donald Trump has publicly stated he is pro-crypto. Furthermore, he has discussed creating national reserves of BTC if he wins the presidency and has been involved with crypto projects of his own.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

I believe the people in the United States who are going to vote for Trump will not change their minds because of this project, so he will not, in my opinion, lose any voters he would have had without the project. If someone who was unsure who to vote for, and is involved with crypto, believes that this makes Trump the pro-crypto candidate, it might sway them to vote for him. In other words, I don't believe Trump will lose voters because of this project, and potentially only gain some.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Did not provide comment.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Did not provide comment.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Did not provide comment.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Trump should focus on politics rather than a money-making scheme that involves characters of dubious repute.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Trump is far more commercially oriented than the other candidates and is more likely to recognize the opportunity for the US to be a leader in blockchain technologies, creating jobs, investment and competitive advantages as a nation. For these reasons, he will support more innovative, friendly legislation.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Trump would be better off supporting sound legislation than actually promoting a token.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

I believe Trump sees the commercial benefit of providing clarity and regulation for DeFi activity in the US. Result agnostic, I would expect the US to joust for pole position and maintain its position as a global financial powerhouse. And at some stage, this would mean embracing blockchain and Web3 technologies.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

It could be a part of their strategic campaign to win over voters. Hard to say if it's a good or bad idea at this stage.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Did not provide comment.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Did not provide comment.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Among all the candidates, Trump is the first to offer specific measures and steps to support the crypto industry, aiming to improve the regulatory environment for the sector. In contrast, other candidates have limited their positions to general statements without detailing actionable plans.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

I do not see any meaningful advantages compared to other similar projects in the crypto space. Furthermore, the WLFI token appears more like a traditional financial instrument than a native crypto asset, given that it will be registered with the SEC and available only to accredited investors as an unregistered security. As such, I don't anticipate the project having significance. It will not help to win elections but might help to promote the project itself.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Trump has shown far more of a willingness to at least hear out the industry and has launched or been part of a number of crypto-related projects. Democrats held a workshop at the DNC to learn about crypto and are so far behind their GOP rivals that their lack of understanding is alarming at best and worrisome at worst.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Every single business that Trump has been associated with has failed. The man somehow bankrupted multiple (MULTIPLE!) casinos. He is not nearly the astute businessman people think he is. Us New Yorkers have seen his grift for decades and know better.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Did not provide comment.

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Did not provide comment.

Which US Presidential candidate do you believe will be more open to policies regarding DeFi?

Trump has repeatedly mentioned Bitcoin and crypto innovation has to happen in the US. Trump also seems to get involved crypto with his DeFi project Liberty Finance - https://www.worldlibertyfinancial.com/

Is the launch of World Liberty Financial (WLF) a good idea so close to the election?

Trump has smart people working with him. I think, as a voter, I appreciate Trump for getting his hands dirty by building a project rather than just promising favorable regulations, as building puts you in a better perspective to understand the space well.