🙋 Polls

In general, how do you feel about GOP lawmakers’ push to approve a series of new crypto-related bills in Congress?

Tuesday, Jul 15

In general, how do you feel about GOP lawmakers’ push to approve a series of new crypto-related bills in Congress?

Support (21%) – "I'm primarily interested in the digital currency ban. If adopted, a Fed-based digital dollar would create the largest government intrusion into personal financial transactions in history and allow for persecution on a global level. No government should have that kind of power over free citizens. Let your congressional representatives know how you feel on this issue before it's too late."

  • "The legislation is good for the American people on the whole. Who cares if Trump and his family makes money off it."

Oppose (55%) – "I don't care which party is pushing the adoption of crypto. I feel like an old man yelling at the clouds, but I am not investing in crypto. I don't understand the valuation methods, the infrastructure, the markets, the jurisdictional authorities...I'm not putting my money in a tool where I can't explain to myself and others all of the above. Also, at this point, when a Tech Bro pushes it on his podcast, I feel like I'm pretty safe staying away."

  • "We need massive regulation of the crypto industry because it is rife with grift and scams. Unfortunately the proposed legislation just gives further license to con artists and wealthy corporations who stand to gain from it, at the expense of the American people."

"Not enough consumer protection. Questionable links to Trump and family. And preventing the fed from making a digital version of the US dollar is there ONLY to protect all the other versions of digital currency and those who are and will make substantial profit if the fed stays out."

  • "The US dollar is already a fiat currency and now they want to swap to a digital version too? The economy is already extremely volatile so to add crypto to the mix is just asking for failure. At this point the corruption is so blatant and rampant in finance this was the next likely outcome."

"So, instead of common sense regulations of banks, you're going to pivot to an entirely new form of currency that is infamous for its environmental impact, is poorly understood by the general public, and has already been corrupted by an elite group of ultrawealthy that will become more wealthy, including the president? Sounds about right for our current leaders..."

Unsure/other (24%) – "I agree that crypto needs to be regulated quickly. it's part of the reason why crypto innovation has left the US for the UK and NZ. however, I do also believe Trump & any other elected officials should divest of digital assets before the bills become law. It should be treated the same as stocks. while I don't agree with the "no Fed backing" legislation, the other two make solid sense and are necessary in order to give crypto bros guidance."

  • "I don’t know much about bitcoin, but it does not seem to be very stable. I also have issues with the government pushing some legislation that would benefit the President or his family. A slippery slope."
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