I used to see crypto as this freewheeling world—a place where dreamers like me could dodge the old financial rulebook. But the truth hit me hard: politics isn’t just peeking into crypto—it’s moved in and taken over. Nowhere is this clearer than in the U.S., where the government has gone from skeptical to calling the shots. If we don’t face this head-on, we risk losing what makes crypto special.
Take 2024—it was a wild ride. When the SEC approved spot Bitcoin and Ethereum ETFs, I was pumped. Bitcoin soared past $100,000. Then Trump won with a pro-crypto stance, and soon after, he hosted a White House Crypto Summit, pitching a national reserve with a million BTC. Meanwhile, Congress is cooking up the GENIUS Act, which aims to tether stablecoins to the dollar’s global strength. These aren’t just updates—they’re seismic shifts.
It’s not all rosy, though. Some crypto OGs are grumbling about politicians targeting Bitcoin mining’s energy use. Fair point. But I’d argue it’s a lifeline for struggling towns—Wyoming’s Senator Cynthia Lummis (@SenLummis) sees that too, and she’s pushing her own reserve idea. And when Trump's (@realDonaldTrump) campaign pulled in $4 million in crypto donations last year? That blew my mind. It proved this isn’t a side hustle anymore.
The crypto space is getting politically savvy too. Advocacy groups dropped $135 million in 2024 to back 48 pro-crypto lawmakers—a smart move. I respect the “decentralization or nothing” crowd, but let’s be real: the action’s in D.C., not in some blockchain utopia.
In Q1 2025, Trump’s team made bold moves. On January 23, he signed an executive order banning CBDCs, pausing SEC crackdowns, and kickstarting a digital stockpile with 200,000 BTC. The SEC’s Crypto Task Force, now led by Hester Peirce (@HesterPeirce), is defining what’s what, while the CFTC is easing up on derivatives. Banking access and stablecoin legislation are finally progressing, with people like Paul Atkins and David Sacks (@DavidSacks) pushing Trump’s “crypto leader” vision.
Still, the market’s feeling the heat—Bitcoin’s at $82,000 today (April 4), thanks to macro uncertainties and an all-out tariff war.
But here’s the kicker: with the U.S. taking the lead on clearer crypto regulations, other countries are being forced to move or risk falling behind. The race to stay relevant in the next-gen financial system is officially on. Stablecoins are already showing massive potential to help the U.S. cement—or even grow—its global dominance.
So here’s my take: politics isn’t the bad guy—it might be crypto’s ticket to the top. Regulatory tailwinds and institutional adoption are the real fuel. Despite short-term volatility, the future looks as bright as ever. And I’m ready to watch it soar.