Elon Musk and Coinbase CEO Endorse XRP Advocate for Senate

  • By sharing a simple “YES” response, Elon Musk voiced his support for the 57 – year-old republican John Deaton in his Senate race against Elizabeth Warren.
  • Brian Armstrong and Brad Garlinghouse have also supported John Deaton in his bid to challenge Senator Warren in the Massachusetts Senate race.

On October 21, Elon Musk took to X to publicly show support for the senate candidate, pro-XRP lawyer, and trial attorney John Deaton who is challenging Sen. Elizabeth Warren for her seat in the U.S. Senate. Elizabeth Warren was elected to the U.S. Senate for Massachusetts in 2012 and re-elected in 2018.

Musk’s support for XRP fan Deaton emphasizes his belief that Warren’s approach, particularly her push for expanded government control over financial systems, jeopardizes the principles of financial independence and innovation.

In the past, the billionaire has praised cryptocurrencies like Dogecoin (DOGE) for their ability to challenge centralized authority and empower people to take control of their financial assets without interference from conventional banking systems.

Brian Armstrong Calls for Support of Crypto Advocates

Elon Musk’s endorsement of Deaton followed a post by Coinbase CEO Brian Armstrong, who was engaging with the crypto community to rally support for pro-crypto political candidates. Attorney James Murphy, also known as MetaLawMan, endorsed John Deaton for Massachusetts, praising Deaton for defending crypto freedoms while criticizing Senator Warren’s position on digital assets.

In his tweet, he stated that Deaton has done more for crypto freedom than all other candidates combined. He further accused Warren, the Cambridge Democrat of Seeking to deny banking access to people with investment choices that don’t align with her views.

Warren’s staunch opposition to cryptocurrency has positioned her as a significant barrier for those within the crypto industry. She has been vocal in her criticism of cryptocurrencies and has also made efforts to build what she called “an anti-crypto army” Claiming she prioritized cryptocurrency regulation over more critical issues such as inflation and border security.

Brian Armstrong highlighted Warren’s key role in supporting Gary Gensler’s appointment as SEC chair, accusing her of endorsing Gensler’s push for tighter crypto regulations in his tweet. Additionally, he suggested that Warren’s support of Gensler’s policies is part of a broader effort to stifle innovation in the U.S. crypto industry. Armstrong also argued that Warren prefers a government-controlled financial system, similar to China’s centralized model, and warned that this could curtail financial freedom for Americans. 

Ripple CEO Brad Garlinghouse recently posted on X, linking to Deaton’s campaign site and calling for donations, while asking Massachusetts voters to support Deaton. He described Deaton as a true champion of the crypto space and a superior candidate to Warren. Deaton has received support from other key figures including billionaire investor Mark Cuban, and Gemini co-founders Tyler and Cameron Winklevoss.

Musk’s support for Deaton boosts his campaign, particularly among crypto enthusiasts seeking alternatives to politicians like Senator Warren who oppose crypto such as XRP. The backing of influential individuals like Elon Musk, Garlinghouse, and Armstrong could mean that Deaton’s candidacy brings a significant transformation to the political landscape for the U.S. crypto sector.


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Source: https://www.crypto-news-flash.com/elon-musk-and-coinbase-ceo-endorse-xrp-advocate-for-senate-battle-against-elizabeth-warren/?utm_source=rss&utm_medium=rss&utm_campaign=elon-musk-and-coinbase-ceo-endorse-xrp-advocate-for-senate-battle-against-elizabeth-warren