The post Ethereum Creator Vitalik Buterin Rattles Industry After Warning of Pro-Crypto Candidates appeared on BitcoinEthereumNews.com.

In brief Ethereum co-founder Vitalik Buterin wrote a post warning voters from supporting “pro-crypto” candidates that may be making superficial promises. Buterin’s post received a range of reactions, with one outspoken crypto startup CEO calling him “politically naive.” Republicans and presidential candidate Donald Trump have increasingly embraced crypto during the 2024 election cycle. We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports A blog post published by Ethereum co-founder Vitalik Buterin Wednesday urged prospective voters not to support political candidates simply because they call themselves pro-crypto. The post elicited a wide range of reactions from crypto industry figureheads, and didn’t sit well with some of the industry’s more conservative voices—particularly Messari CEO Ryan Selkis, an increasingly vocal backer of former President Donald Trump. “Vitalik is an idealist, not a realist. He is one of the more politically naive people I have read and/or interacted with in crypto,” Selkis told Decrypt. “Moreover he’s Canadian, and he’s given thinly veiled permission to vote for the most provably authoritarian and anti-tech president in American history because he’s intellectually overconfident but politically weak.” Selkis co-founded the crypto market intelligence firm Messari in 2017. Over the past few years, he’s emerged as a political heavyweight within the crypto industry, coordinating efforts to fund a crypto-friendly political action committee, while railing against the Securities and Exchange Commission (SEC) on Twitter (aka X) for what advocates say is a regulatory war on crypto. In his blog post, titled “Against choosing your political allegiances based on who is ‘pro-crypto,’” Buterin emphasized that supporting crypto isn’t limited to the regulatory treatment of cryptocurrencies or blockchain tech.  He argued that a politician’s stance on issues…

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Filed under: News - @ July 19, 2024 1:26 pm