So, what if Kamala becomes president? Ripple will definitely expect something back for their support.
Ripple will be expecting something back,
but that does not mean that they must get something back for their support.The fact that Kamalas camp accepted such a huge donation means it's pretty much a given - whether she denies any influence or not. It feels like a behind-the-scenes deal, and honestly, those of us whove been around long enough can see right through it, right?
And what if politicians take donations in altcoins, like how Trump also received some? Does that mean their decisions on regulations could end up favoring altcoins over Bitcoin?
If the politician in question is someone who feels like they must reward everyone who supported them in securing a political position, then it is possible that the crypto donations they've received in altcoins can actually influence them into making decisions that will favor the coins that they received over Bitcoin, but if it's a politician that cares less for rewarding people who have supported him directly or, or rather, reward them in other ways, then we shouldn't expect any form of crypto donation to have an effect on them and the decision they plan to make.
Or put it this way: if they dont plan on giving anything back to crypto devs, they shouldnt accept crypto donations, simple as that. But since they accepted $10 million -and, lets be real, this isnt even the first time Ripple donated, you know Ripples banking on getting some help with their SEC troubles. If Kamala wins, she could just appoint a new SEC chairman, one whos more favorable to them. And think about it: that $10 million is pocket change if Ripple wins. If the news came out, XRP will probably skyrocket. If XRP hits even $1, the devs are gonna make way more than that donation, no doubt.