Crypto Stands to Shine in Tomorrow's First Republican Presidential Debate!

By Cje95 | Chronic Illness and Crypto | 23 Aug 2023

Tomorrow is the first Republican Presidential debate and features 8 different Republicans running for the 2024 nomination. Without getting bogged down in the politics going on I thought it was extremely important, especially for us in on this subreddit, to pay attention to this debate since it is extremely likely that crypto will be brought up in some way, shape, or form! The reason behind this is two-fold.


The first reason I have written several posts about previously. Without going into a ton of detail we finally have one chamber of Congress, the Republican-controlled House, moving crypto legislation. While it still has a way to go before it would become law it is an enormous step in the right direction and is moving with bipartisan support.


Reason number two boils down to how 2 of the 8 people on stage have taken up the crypto cause and have been extremely pro/bullish on crypto. In several Republican-led states legislation has been passed that is designed to prevent a CBDC or anything along those lines to be enacted in their state. Several others have adopted pro-crypto rules and regulations within their states. Another politician on the stage tomorrow, Senator Tim Scott, is the Ranking Member of the Senate Banking Committee meaning he will play a pivotal role in getting crypto legislation through the Senate if it is going to happen this Congress.


Tomorrow is going to be a really insightful day to see not only those who have gone on the record about crypto speak about it again but also see how the others on the stage answer and navigate this topic and line of questions!


originally posted in r/cryptocurrency 


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Graduated from Texas A&M in May of 2020 had dabbled in crypto since 2017 but dove in at the end of 2019. December of 2020 packed up and moved to D.C.! Huge sports fan, space nerd, and international newsreader! Follow me on Twitter @Cje95_

Chronic Illness and Crypto
Chronic Illness and Crypto

Cryptocurrency and Blockchain are going to be a huge part of the future and no matter who tries it isn't going to be stopped! Here I try to give my best insight and thoughts into the latest crypto news, features, developments. Further, I look to discover any link to news from the United States ranging from social-political issues to stock market and economic data.

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