[pessimizer]

Both presidential candidates have signaled that they are pro-crypto scams (and one thinks that has something to do with the welfare of black men.) It's too late. Bitcoin has entered the house price zone, where people are elected to office on promises to make housing as expensive as possible. We'll have to wait until crypto brings down the entire economy. And after it does, the people who hold it will be bailed out:

"Do you know how many disadvantaged minorities are invested in crypto? Especially after we allowed them to invest their social security into it, with matching contributions from the state if they agree to hodl? Are you a racist monster?"

Meanwhile 90% of black people will have 90% of their savings in crypto, accounting for less than 2% of all crypto holdings.

FTX so far was barely a speedbump. All it taught politicians is that there's a lot of money in doing what crypto whales say, and absolutely no consequences even if it goes belly up in the worst way.

[paulpauper]

It's just pandering. Neither candidate will do anything. Existing regulation will stay in place or tighten.

[mikeyouse]

Trump launched an actual Shitcoin.. will be interesting to see what happens to that.