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Pantera Capital, in its analysis of the impact of the upcoming elections in the US on the cryptocurrency market, emphasized that it does not matter who becomes president. The company’s CEO Dan Morehead stated that blockchain and cryptocurrencies have strategic importance, just like the internet. Morehead stated that he believes that the US will eventually adopt a sensible crypto policy regardless of the election result.
Morehead likened Elizabeth Warren’s description of Bitcoin as a national security issue to the analogies made in the early days of the internet. He emphasized that the support of the internet by the US at that time enabled the US to become the center of technology giants today. Stating that the same logic applies to Bitcoin and blockchain, Morehead said that the entry of blockchain into the political arena has had a great impact. For example, he stated that Kamala Harris’ use of the term blockchain and that Donald Trump found it humorously great when he paid for a hamburger with Bitcoin.
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Pantera also announced that Todd Slattery, who spent 11 years at BlackRock, has joined the team as the company’s new chief operating officer (COO). Prior to BlackRock, Slattery worked at Goldman Sachs for 11 years. Pantera’s move is seen as an important step in the company’s growth strategy.
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