Bitcoin Foundation Chairman Brock Pierce on President Biden's executive order to review cryptocurrencies.
I think people were a little nervous not knowing what would come out of it because it doesn't go through a typical legislative process. And so the executive order came out, the market responded positively, it was not opposed to innovation, the words were chosen carefully and I think it matters especially in this… midterm election year.
Over 40 million Americans have cryptocurrency, you know, in aggregate globally with about $2 trillion. And a lot of these voters are… single-issue voters, and I think that it's going to have a big impact in the midterms. And I think what Biden has done here is definitely going to help the Democrats in… terms of not losing a very big chunk of voters across the country.
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