The latest crypto-and-congress news is about getting democratic Senate cold feet On the Stablecoin Bill (The Genius Act). The same bill they voted for Just two months ago. Why flip-flop? Because they don’t like Trump and They think the bill will help him earn. Why do the Democrats continue to hit the “replay” in losing this message beyond me. What hated Trump didn’t win the election. Consult only the electoral bloodbat of 2024.
But here’s the kick: Crypto is not the threat, this is the chance. If the Democrats lowered their loss of sound sounds enough to really know the crypto, they would not only write better policy, they would re -write their political future in 2026.
By the numbers
In 2024, Democrats lost a generation. Young men with history leaning against Democrats, fleeing. In just four years, young men came back to backing biden to give Trump a 30-point swing, Flipping hard against the candidate themselves once rejected. While there are many souls seeking to do about why, one answer hides in simple sight: crypto.
Yes, crypto. And despite Big Crypto’s talk points, this is not because the boys voters are single-issue crypto voters. They are not. This is because crypto, like other emerging technology of the past, reflects the generation and gender dividing the mirror that we see in young voters.
According to a Pew Research Center Survey41% of young men use crypto. These are orders of magnitude larger than young women (16%) and people over 50 (8%). So even if the boy voter does not hold the crypto itself, 42% of his team of equivalent. It was in his social media feed, his podcasts, his group chatting. And now, he just hears a part of the story, because Democrats refuse to know tech.
It is important to note that these young people are not all online crypto scammers. They are the same as overly Share Democratic values such as “basic health insurance are right” and the “government must spend more to reduce poverty.”
Democrats can keep calling to crypto a criminal business over and over again, but it doesn’t. The only effective thing it does is to tell all young men that Dems wants to cancel them. And we saw how young men punished them for this in both voting.
Trump mistake for crypto
Let’s say that the quiet part is aloud: the native cryptos do not want to see Trump as the face of this community. He and his family are promoting the same type of rug-pull projects spent by the crypto community. So why did the young men vote for him? Because even with a moan, he does not completely ignore them or, worse, pretending they are not.
Go to any crypto meetup or conference and you will know that builders are not about hype tokens or centralized projects that are only forced by endorsements. Crypto is about providing people to control their money, their data, and their digital identity. Ethos is based on the acquired distrust of centralized institutions: Wall Street, Big Tech, and Federal Government (Latest Proven the Doge’s accessing speed in all of our data).
Frequently quoted by community mantras proves the point:
● “Don’t trust. Verify.”
● “Not your keys, not your coins.”
● “If you do not know where the yield came from, You is the yield. “
These are not the vibes of blind loyalty. The crypto community was born from the financial crisis in 2008, when banks collapsed under their own misconduct and taxpayers focus on the bill. Emerged inside Bitcoin’s Genesis block was the hardcoded reminder: “The Times 03/Jan/2009 Chancellor to Brink of the second bailout for banks.”
Democrats’ insistence on community confession with the opportunity Trump is lazy. The obvious consequence is to push the very voters they need.
The repair is simple, but time is limited
Sure, some politicians may be somewhat afraid of campaign money involved: Crypto Pacs are raised $ 260 million, Crypto producing the sixth largest Super Pac, dwarfing any other supported Super Pac (everything else is associated with a particular party or candidate). But those donations come from only 50 individuals. That’s not a movement. This is a small lobby of the elevator.
Meanwhile, there is a whole base of the voter of millions of young men who turn to crypto because of their uncertainty on Wall Street and Big Tech. Both mistrust democrats share the same centralized creatures. Democrats do not have to embrace hype coins or endorse bad law. In fact, they should not. But they need to actually know to embrace the basic values of the crypto community builders: Individual ownership of digital and decentralization.
Democrats also need to start showing it now. They could not risk another cycle without returning the young men under the tent. A cycle can be a blip, but two cycles in a row become a habit, and habits are difficult to break.
The correction of the course
The Genius Act is really the perfect opportunity for Democrats to show that they are a party that is more interested in voters than the sounds against Trump. The Current draft is 57 pages of the legislative jargon to raise the duties of centralized creatures in the administration of stablecoins. No surprise. Remember those 50 individuals raised $ 260 million for Crypto Super Pac? They will surely benefit from an increase in hope in their intermediation.
But the dedicated draft law is a little sense that does a lot of work, and that’s the meaning of “distributed ledger.” Instead of hate Trump, Democrats may come together to say that the meaning does not require decentralization or network security, and that until that happens, they cannot advance a StableCoin bill that promotes only mediators in central mediators. Now can be the beginning of a real change in the sea.
Democrats do not need to mention Trump. The fact is that none of the Trump family’s crypto projects will survive a sense that requires true decentralization.
So here’s the real question: Do Democrats want to maintain election loss to avoid studying new tech? Or are they ready to act like a party who wants to win votes again?
