After Democrats set their sights on $NVDA , could $BTC be next?
A series of recent developments in American politics has made me worry about the political risks Bitcoin may face going forward.
From personal controversies surrounding Jensen Huang to Democratic lawmakers calling for an investigation into NVIDIA’s (NVDA) chip export policies and related records, NVIDIA is facing increasing political scrutiny.
Meanwhile, Strategy ($MSTR ) is once again facing the prospect of being removed from the MSCI index.
Although there is currently no evidence that Democrats are influencing MSCI’s decision, if index changes lead to passive funds pulling out, MSTR’s ability to raise capital through the markets and continue accumulating BTC could be affected.
Even more concerning, the Trump family has direct business interests in the crypto industry, and Democrats have consistently pushed for scrutiny of related businesses.
I’ve started thinking about a question:
If Democrats extend their political campaign to the crypto industry, could their scrutiny gradually expand from the Trump family’s crypto businesses to exchanges, stablecoins, and even the Bitcoin holdings and financing models of publicly traded companies?
BTC has already fallen to around $68,800, and MSTR’s financing model is also facing new pressures.
If a political investigation targeting the crypto industry emerges next, the market may need to reassess this part of the risk.
A series of recent developments in American politics has made me worry about the political risks Bitcoin may face going forward.
From personal controversies surrounding Jensen Huang to Democratic lawmakers calling for an investigation into NVIDIA’s (NVDA) chip export policies and related records, NVIDIA is facing increasing political scrutiny.
Meanwhile, Strategy ($MSTR ) is once again facing the prospect of being removed from the MSCI index.
Although there is currently no evidence that Democrats are influencing MSCI’s decision, if index changes lead to passive funds pulling out, MSTR’s ability to raise capital through the markets and continue accumulating BTC could be affected.
Even more concerning, the Trump family has direct business interests in the crypto industry, and Democrats have consistently pushed for scrutiny of related businesses.
I’ve started thinking about a question:
If Democrats extend their political campaign to the crypto industry, could their scrutiny gradually expand from the Trump family’s crypto businesses to exchanges, stablecoins, and even the Bitcoin holdings and financing models of publicly traded companies?
BTC has already fallen to around $68,800, and MSTR’s financing model is also facing new pressures.
If a political investigation targeting the crypto industry emerges next, the market may need to reassess this part of the risk.