Tyler Winklevoss Criticizes Biden-Harris Administration
In his latest open letter, Gemini co-founder Tyler Winklevoss accused the Biden-Harris Administration of its unwillingness to engage with the cryptocurrency industry.
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Tyler Winklevoss expresses his dissatisfaction with a recent situation involving a roundtable discussion organized by the current White House Administration. Initially, the Winklevoss twins were invited to participate in a discussion on the cryptocurrency market, but the invitation was abruptly withdrawn two weeks later. Tyler attributes this action to their public support for Republican candidate Donald Trump, who has a pro-crypto stance and has garnered significant backing from the crypto community.
The Biden-Harris Administration did not want us there and refused to attend the event if we were present
Tyler Winklevoss claimed.
According to Tyler, this incident signals that the administration has no sincere interest in engaging with the cryptocurrency sector beyond mere lip service. He argues that if the administration were genuinely committed to dialogue, they would not avoid discussions with entrepreneurs who have been negatively impacted by their policies, especially those who have supported other political candidates—a true hallmark of democratic electoral competition.
The Winklevoss Twins Support Donald Trump Source: Х
But who exactly rescinded the invitation to the ill-fated round table? Tyler Winklevoss dismisses the idea that Joe Biden himself could have been responsible, pointedly suggesting that the President might lack the cognitive capacity to do so. “Was he even aware that this round table was being convened and happening? Again, doubtful given all that we now know and have seen,” he remarks sarcastically.
So, who holds the reins at the White House? “Is it the same people who one week say that President Biden is “sharp as a tack” and the next week sideline him? Who are these people and how can we look them in the eye and get assurances that the next 4 years will be different?” the entrepreneur justifiably inquires.
Tyler explicitly associates “those same people” with the most likely Democratic presidential candidate—Kamala Harris. Notably, Kamala has yet to clarify her stance on cryptocurrency. She also turned down an invitation to a July Bitcoin conference in Nashville, an event she was invited to “despite an infinite number of reasons not to.”
But to her defense, did she really? Maybe she wanted to speak but the same people who installed her a week ago would not let her. We don’t really know, and that’s the problem
Winklevoss muses.
At the same time, it has been reported that Kamala Harris' advisors are consulting with billionaire and cryptocurrency enthusiast Mark Cuban. Additionally, according to sources from the Financial Times, representatives from Harris' team have initiated discussions with key figures in the cryptocurrency industry, including Coinbase, Circle, and Ripple Labs.
Harris also receives some public advice. For example, Ripple Labs CEO Brad Garlinghouse bluntly advises her to avoid Congressman Brad Sherman, a Democrat from California and a vocal critic of cryptocurrency.
Meanwhile, Tyler Winklevoss calls on both political factions to show tangible support for the cryptocurrency industry before the November elections and to endorse cryptocurrency-friendly regulators.
We should demand to know, among other things, who the next chair of the Securities and Exchange Commission (SEC) is before we head to the ballot box. This is table stakes, and this is how you make crypto bipartisan. No more guessing. No more hoping. No more surprises,
he wrote.
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