DeSantis' Bitcoin speech shows that crypto populism is here to stay. Why the new partisan divide may no longer be Right vs. Left but centralization vs. decentralization.
at The Bitcoin Conference in Nashville. There, he described holding bitcoin as an inviolable right and “an exercise in democracy.”
Although members of different parties, Kennedy and DeSantis have a virtual mind-meld when it comes to crypto-related issues. This mind-meld points to an important development in American politics.Take stock of all the above: What issue can bring together a gay Congressman from the Bronx, an environmentalist Democrat from New England, and an anti-woke Republican Governor from Florida?This uncanny coalition of ideological opposites is evidence that crypto does not split evenly along party lines.
While many have dismissed bitcoin as an amusing oddity in the current election cycle, it is likely much more than that. As candidates stake their positions on various crypto issues, we could be witnessing the formation of a new fault line in American politics. After all, it is a pro-democratic impulse—coupled with an inherent distrust of big business and big government—that unites the likes of Torres, Kennedy, and DeSantis on bitcoin, despite their considerable differences on other issues. It’s worth asking then: what might strengthen the bonds of this unlikely fellowship in the future?
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