Americans under the age of 40 are causing both political parties to embrace Bitcoin and digital assets, according to Pantera Capital CEO Dan Morehead. In his firm’s monthly Blockchain Letter, Morehead highlights the distribution of wealth in the US, with the Federal Reserve’s monetary policies benefiting older Americans while leaving younger generations behind. As the younger demographic holds a larger voting bloc, politicians are beginning to recognize the popularity of cryptocurrencies among this group. Morehead also notes that the recent shift in former President Donald Trump’s views towards crypto is a significant development in the industry, as it demonstrates that politicians see the potential political benefits of supporting cryptocurrencies.
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Americans Under 40 Forcing Both Political Parties To ‘Collapse’ Into Bitcoin: Pantera Capital CEO Dan Morehead
