The second destructive outcome comes from the outside. The crypto ecosystem is growing faster than any technology in the modern era, yet most people in the United States, and the world, are not involved. If they’re introduced to cryptocurrency by media outlets like Fox News or MSNBC — two networks focused almost entirely on politics — they will only see digital currency matters through an ideological lens. If the general public is corrupted before it fully comprehends the benefits of the technologies, conservatives may simply love crypto while progressives hate it. Independents won’t be able to decide how they feel about it. 

Subsequently, cryptocurrency may not be adopted by the average American and might struggle to maintain a foothold in the United States. The innovative ecosystem could idle for years while politicians fight it out at the ballot box and the nation falls well behind other countries with better-informed citizens. The congressional staffer says:

“Crypto is going to thrive with or without the United States. Now the onus is on us to keep these opportunities here.”

Arguably, it’s in the best interest of everyone to start engaging with the political climate in Washington and propping up middle-of-the-road politicians who are working diligently on cryptocurrencies. Otherwise, it’s not going to be fly-by-night corrupt whales or federal regulators pulling the rug out from under the ecosystem, it’s going to be the politically motivated fearmongers in Washington with the loudest voices.

The second destructive outcome comes from the outside. The crypto ecosystem is growing faster than any technology in the modern era, yet most people in the United States, and the world, are not involved. If they’re introduced to cryptocurrency by media outlets like Fox News or MSNBC — two networks focused almost entirely on politics — they will only see digital currency matters through an ideological lens. If the general public is corrupted before it fully comprehends the benefits of the technologies, conservatives may simply love crypto while progressives hate it. Independents won’t be able to decide how they feel about it. 

Subsequently, cryptocurrency may not be adopted by the average American and might struggle to maintain a foothold in the United States. The innovative ecosystem could idle for years while politicians fight it out at the ballot box and the nation falls well behind other countries with better-informed citizens. The congressional staffer says:

“Crypto is going to thrive with or without the United States. Now the onus is on us to keep these opportunities here.”

Arguably, it’s in the best interest of everyone to start engaging with the political climate in Washington and propping up middle-of-the-road politicians who are working diligently on cryptocurrencies. Otherwise, it’s not going to be fly-by-night corrupt whales or federal regulators pulling the rug out from under the ecosystem, it’s going to be the politically motivated fearmongers in Washington with the loudest voices.