Recently, Ryan Sean Adams posted the [following](https://x.com/RyanSAdams/status/1768659233032032554) on X:
>Wake up Democrats
>@SenWarren’s anti-crypto army could literally cost you the 2024 presidential election.
>11m registered US voters own more than $1k in crypto.
>Crypto voters choose Biden over Trump 43% to 39% last time.
>This time they support Trump over Biden 48% to 39%.
>You risk losing the presidency, and you gain what – the banking lobby?
>This may be the biggest political self-own of our time and no one in mainstream is talking about it.
>What should Democrats do?
>First, they need to abandon their anti-crypto policy immediately and promote pro-crypto democrat voices like @RitchieTorres.
>Second, the white house need to backtrack it’s anti-crypto rhetoric and call for congressional clarity.
>Third, @POTUS should to say something positive about American crypto Entrepreneurs like @jespow, @brian_armstrong, and @haydenzadams – bring them to the white house – engage.
>Fourth, call off your dogs – the SEC is on a rampage – ask Gensler to cool his jets, approve the ETH ETF as a good faith gesture – give Biden admin credit for that.
>Fifth, no one wants a CBDC right now – they find it creepy – stop talking about it.
>Zooming out, there are huge wins for Democratic platform in crypto…
>- banking underserved communities
>- escaping wall street monopolies
>- exporting the U.S. dollar
>- disempowering authoritarian rivals
>- new jobs & economic opportunities
>Look at those.
>Your party supported the open internet in the 90s – why are you against it in the 2020s?
>This is such a layup.
>Wake up on crypto – or lose the presidency.
While it’s very encouraging to see crypto advocates being politically engaged, I think that sadly, the Democrats may be a lost cause, because they are too committed to the idea that government control over private economic interactions is a good thing. Good from the perspective of tax enforcement, and good from the perspective of crime prevention.
Given their political ideology, it’s not surprising that the consensus view amongst those who work in financial crimes enforcement, and their overseers in the US Department of Justice, is that financial privacy is a right that must be sacrificed in the fight against bad actors.
This is an inherently fascist perspective that rationalizes warrantless mass-surveillance through extremely heavy handed government measures going as far as banning software and imprisoning open source developers, and the future of not just crypto, but of a free society, depends on defeating these ideas in the court of public opinion.
Unfortunately, the Democrats, in being stalwart supporters of so-called AML/KYC laws, have fully committed to this mass-surveillance/anti-privacy track.
Ethereum is a fork in the road. With it, open source software allows complete financial privacy and circumvention of all restrictions on financial interaction imposed by centralized authorities.
So either authorities respect the principles of liberal democracy and accept that the old ways have to be abandoned as freedom in finance becomes the status quo, or they have to clamp down on Freedom of Speech and restrict what kinds of open source software can be created.
The Biden DoJ chose the latter by indicting Tornado Cash’s open source developers.
Source: self.CryptoCurrency
