Bitcoin crashes the midterms

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Bitcoin crashes the midterms
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The coming midterms are shaping up as the election cycle in which cryptocurrency comes into its own as a bona fide issue in American politics

ByIn the closing days of 2021, Josh Mandel, the Trump-aligned populist running in a fiercely competitive Senate primary in Ohio,A few days later, Florida Agriculture Commissioner Nikki Fried, an outspoken Democrat running for the chance to oust GOP hero Ron DeSantis,would accept donations in cryptocurrency, touting the technology as a tool for “the democratization of money” and taking on big banks.

Aarika Rhodes, an elementary school teacher mounting a left-leaning primary challenge against California Democrat Brad Sherman, the most prominent critic of cryptocurrency in the House, is promoting the technology in her run. She said she has taken several thousand dollars worth of donations in cryptocurrency to date, having embraced it after talking to voters and hearing from crypto advocates who urged her to draw a distinction with Sherman on the issue.

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