⚡️ Crypto Capital Enters Politics: Larsen and Draper are Reshaping California's Political Landscape
The cryptocurrency industry is no longer just an observer of policy; they are now trying to become the rule-makers. Ripple co-founder Chris Larsen and legendary venture capitalist Tim Draper are investing tens of millions of dollars to deeply engage in California's political process.🏛💰
What happened?
Through the Grow California organization, these Silicon Valley giants plan to change the composition of the California legislature, using their capital to influence the political arena.
Core objectives:
🔹 Support pro-business factions: Support moderate, pro-business candidates.
🔹 Balance the power of unions: Weaken the strong influence of traditional unions on legislative policies.
🔹 Optimize the economic environment: Remove obstacles to long-term economic growth and technological innovation.
Chris Larsen has publicly stated that the power of unions has limited California's ability to make decisions that benefit long-term economic interests. He believes California needs a more balanced legislative approach.📈
The timing is intriguing ⏳
This wave of donations coincides with California's discussion of a "wealth tax." Although the initiators claim that the plan has been in preparation for a long time, the potential high tax pressure has clearly accelerated the unification of crypto elites.
Industry significance:
This sends a strong signal: Crypto billionaires are transforming into a powerful lobbying force, beginning to actively defend their interests at the state and even national levels.🚀
Interactive topic:
Do you think the direct involvement of crypto leaders in politics will help promote more reasonable digital asset legislation? Feel free to discuss in the comments!👇
#Ripple #XRP #加密货币 #加州 #Larsen


