Wealth Effect - The growth in the value of cryptocurrencies and their derivative tokens has made many users rich overnight. The economic power of crypto supporters was on full display in the US elections this November. Like many countries, the US political system relies on the "money game". Crypto industry practitioners have become one of the groups that contribute the most to political candidates, which directly contributed to the victory of candidates who support crypto. Bitcoin, as the fas...

Wealth Effect - The growth in the value of cryptocurrencies and their derivative tokens has made many users rich overnight. The economic power of crypto supporters was on full display in the US elections this November. Like many countries, the US political system relies on the "money game". Crypto industry practitioners have become one of the groups that contribute the most to political candidates, which directly contributed to the victory of candidates who support crypto. Bitcoin, as the fas...