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XRP Lawyer John Deaton Commences Crypto Donations for US Senate Race – Crypto News

Published

2 years ago

March 6, 2024

Dripp

Pro XRP lawyer John Deaton has started a donation drive for his Senate race against Elizabeth Warren. Deaton’s fund-gathering drive will be accepting donations in cryptocurrencies according to a post on social media platform X. Overall Deaton has received massive support from the crypto community with people like Anthony Scaramucci also being vocally in favor of Deaton.

Deaton Urges Support from Followers

In a post on social media platform X, XRP supporter John Deaton posted “Our campaign is now accepting donations made in cryptocurrency. I hope you will chip in and support our efforts to retire Elizabeth Warren.” Following John Deaton’s announcement that he will be running against Elizabeth Warren for the US Senate seat, people have been showing him support in an attempt to bring more crypto-players into US politics. Warren, though, hasn’t merely been idling about. In reaction to rumors circulating that she may be challenged for her Senate seat, Senator Elizabeth Warren mobilized her network of backers. Warren reportedly requested assistance from her fans via emails and online fundraisers to oppose John Deaton.

XRP Community to Side With Deaton

There has been interest in Deaton’s political campaign, especially from the XRP community. Deaton is renowned for his willingness to publicly support cryptocurrency. Many in the XRP and larger Web3 communities are delighted with his dedication to the cryptocurrency sector. His candidacy could help push legislation about cryptocurrencies through the Senate. Support for Deaton’s political campaign also comes amid heightened scrutiny of Elizabeth Warren. Bloomberg noted that Elizabeth Warren was under criticism from the cryptocurrency sector due to her unfriendly stance against the industry.

A recent example of XRP advocates Deaton’s support increase is Anthony Scaramucci’s fundraiser. According to Fox Journalist Eleanor Terrett, Scaramucci fully supports John Deaton’s Senate battle with Elizabeth Warren and has plans on initiating a fundraiser for New York City.

Crypto Voters to Hold Importance in 2024 US Elections

Crypto voters are going to play a crucial role in this year’s US elections. Previously The US Energy Information Administration (EIA) was made to cease gathering information regarding energy usage related to cryptocurrency mining operations. The Texas Blockchain Council and Riot Platforms, among other industry participants, filed a lawsuit to halt the data collecting, which led to the decision.

The administration of President Joe Biden had directed the EIA to do the data collecting. Crypto mining power consumption is a controversial topic, however the data collecting was mandated right before the election. This raises concerns that Biden 2.0’s government could not be in favor of the bitcoin sector. Despite all the scrutiny, the data collection was still halted. This gives a hint that the crypto community is firm with its idea of sustaining in challenging conditions.

According to Forbes, one in five Americans presently possesses digital assets. That is, 52 million people. The sum is substantial enough to drastically change how the US presidential election turns out. Therefore, gaining the confidence of Bitcoin supporters is likely essential for any government looking to win an election.