⚡️ 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

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