Tech campaign – Coinbase confirms its interest in politics, with the launch of a new feature that will allow users of the cryptocurrency exchange application to give their voice to the right candidates.
Coinbase and politics: the application to vote pro-crypto
How many seats will cryptocurrencies win in Congress? In a series of tweets on September 14, Coinbase CEO Brian Armstrong announces the integration of the company’s crypto policy efforts into the cryptocurrency exchange’s own application.
Concretely, the users of the application will be able to access information, which will allow them to determine members of Congress who support cryptocurrencies“based on the public statements they have made”.
Coinbase now wants to position itself as a political heavyweight in the web3. Brian Armstrong mentions a figure of 103 million verified users, whom the crypto exchange wants to help inform about the positions of the political leaders of their countries, on cryptocurrencies.
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The political game in the name of freedom: the midterms in the crosshairs
This new integration, with a political and technological dimension, will serve to tip the scales in favor of cryptocurrencies, during the upcoming US midterm elections this year, which are fast approaching.
Coinbase CEO has publicly displayed his company’s willingness to support pro-crypto candidates “over time”, helping them solicit donations from the cryptosphere.
The crypto exchange justifies this political adventure in which it has embarked, by emphasizing, through the voice of its number one, the importance of “defending cryptocurrencies” in achieving the company’s mission, which would be “to ‘increasing economic freedom in the world’.
Coinbase is taking another major policy step with the move, which comes weeks after the company announced the launch of a US voter registration tool, and educational resources to help cryptophiles who want to involve in the debates of the electoral campaigns for the next midterms.
Coinbase strives to give meaning, which apparently goes far beyond the pursuit of profit, to its activities. The speeches convey ideals, which lovers of true decentralization should align themselves with. Real thirst for freedom or just a well-orchestrated marketing stunt? The CEO of the crypto exchange went so far as to say that the company would prefer to abandon one of its crypto products, rather than give in to pressure from regulators in favor of censorship in the web3.
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