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Crypto’s Getting Political (Booo!) but Coinbase and MoonPay Are Working to Balance the Scales

May 14, 2024
in Web3
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TL;DR

Full Story

MoonPay simply threw $1M into the Coinbase-initiated “Stand With Crypto” marketing campaign.

(Which goals to again bipartisan, crypto-friendly politicians in Congress to assist garner clearer crypto regulation within the US).

Which we’re all for!

…trigger actually, the truth that crypto is someway a partisan difficulty? That feels bizarre.

And we all know what you’re pondering:

“In fact you’d say that — you’re crypto folks. It’s in your curiosity for it to have bipartisan help.”

Which is true!

However right here’s our principle on why making crypto a partisan difficulty is an enormous misstep:

We’ve met/seen/heard of a whooole bunch of individuals which are deeply apathetic to crypto, however only a few which are immediately anti-crypto.

The truth is, most of them aren’t essentially anti-crypto, as a lot as they’re anti “having to hear to a different lecture on the byzantine common’s downside, and the significance of exhausting currencies.”

And we get it! It’s boring as heck to hearken to in the event you’re not into it.

(We’ve had members of the family set clear ‘no crypto speak on the dinner desk’ guidelines).

However going anti-crypto seems like a shedding technique, within the sense that there’re only a few folks within the US which are anti-crypto single difficulty voters.

(Whereas there’re an entire bunch of pro-crypto single difficulty voters).

So one other $1M in the direction of a marketing campaign that goals to carry some steadiness to the problem?

Bravo MoonPay, bravo.



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Tags: BalanceBoooCoinbaseCryptosMoonpayPoliticalScalesworking
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