Gemini co-founder Cameron Winklevoss believes Kamala Harris should fire Gary Gensler to show her support for the crypto industry.
Cameron Winklevoss, co-founder of Gemini Exchange, recently cautioned in a post on X that Kamala Harris and her advisors could come up with a potential “reset” for the crypto industry.
Gemini co-founder Has Message for Kamala Harris
The Gemini co-founder urged the US Vice President to take decisive and concrete action in the matter of crypto regulations when addressing Kamala Harris.
Winklevoss stated that mere promises will not suffice to rectify the damages incurred over the past four years.
He also cautioned Harris about the crypto industry’s resilience against hollow promises and its high intelligence.
Winklevoss stated that the crypto community would not be influenced by rhetoric and would demand tangible actions in response to Donald Trump’s remarks at the Bitcoin Conference last weekend.
The Gemini co-founder demanded that the U.S. Vice President demonstrate her commitment by dismissing Gary Gensler, the SEC Chair, before November of this year.
At the Bitcoin Conference, Trump has already expressed his intention to dismiss Gensler on his first day at the office.
Beware of the Big Bluff. Harris and her advisors are in the process of working on a “reset” with the crypto industry. Being respectful of the Vice President’s time, let’s be crystal clear here:@KamalaHarris, please don’t bother unless you are prepared to take swift, bold, and…
— Cameron Winklevoss (@cameron) July 29, 2024
Additionally, Caitlin Long, the founder of Custodia Bank, stated that Gensler is merely one of the instigators of Operation Choke Point 2.0.
She also suggested that Harris should terminate the employment of other instigators who are still seeking to de-bank other law-abiding crypto firms.
What Happens to Bitcoin If Kamala Harris Wins?
Although one faction of the crypto industry is predicting that the Bitcoin price could reach $100,000 by the end of the year if Donald Trump is elected president, the situation could be different if Harris turns out to win this election.
Market analyst Jonah says that if Harris defeats Trump, the price of Bitcoin would go below $50,000.
