I’d like to share some thoughts on the recent elections, focusing on cryptocurrency and Coinbase’s mission to advance economic freedom—a topic inherently tied to politics.
No matter how you see it, this election represents a major win for cryptocurrency.

1. Bernie Moreno, a strong advocate for crypto, defeated Sherrod Brown, one of the most outspoken crypto critics, playing a pivotal role in Trump’s win in Ohio.
2. Trump, the winning presidential candidate, has openly backed cryptocurrency.
3. On a national scale, the long-standing attempts by Senator Warren and Gary Gensler to suppress the crypto industry have been soundly rejected. Their actions have contributed significantly to the Democratic Party’s losses, and Biden and Harris must also share the blame.
4. The incoming Congress is set to be the most crypto-friendly in history. The StandWithCrypto movement mobilized voters in droves, helping elect pro-crypto candidates in nearly every district, resulting in 257 crypto-supporting representatives in the House.
5. Washington, D.C., received a loud and clear message: opposing cryptocurrency is a surefire way to end a political career. It defies the will of voters, who are frustrated with the existing financial system and demand change.
   Naturally, cryptocurrency wasn’t the only factor in this election. Elon Musk likely had the biggest impact (his acquisition of Twitter/X was a pivotal moment). Many other elements were at play, but I’ll leave those aside for now.

The most crucial message we, as American citizens, sent to the government through this election is that we reject the idea of a bloated, overreaching government, excessive regulation, unchecked money printing, or using free handouts to buy votes while ballooning the deficit. Instead, America will continue on the path of economic freedom—our true strength. This vision is anchored in limited government, the rule of law, meritocracy, fiscal responsibility, and a belief in the free market (not government intervention) as the driver of economic growth. It also celebrates science, technology, and innovators as the engines of progress and civilization.

This principle transcends political parties. Both Democrats and Republicans have strong advocates for business and technology, and the crypto industry supports them. However, this doesn’t mean the support should be split evenly, as it clearly wasn’t in this election. I’ve received numerous angry calls from left-leaning individuals frustrated that the crypto industry didn’t back the Democratic Party. What they fail to recognize is that more Republicans in the House supported the FIT21 Act (by a ratio of roughly 3 to 1), while the majority of legal attacks on crypto came from the Democratic administration.

A truly nonpartisan PAC would prioritize candidates’ stances on cryptocurrency and economic freedom over their party affiliations. Those entrenched in partisan thinking can’t grasp why support wasn’t evenly divided or didn’t favor their preferred party.

I’m proud of how the cryptocurrency community has stood firm on principles and taken a truly nonpartisan stance. My hope is that after this election, we won’t see this kind of imbalance again. Cryptocurrency deserves bipartisan support, just like any major new technology or industry that drives America’s prosperity. We cannot allow politicians to illegally destroy our industry or strip our customers of their rights.

On the policy front, cryptocurrency is here to stay. We will keep pushing until reasonable legislation is in place to protect both consumers and the industry from attacks. I believe we’ll see this industry rebuilt in the United States. Coinbase and a16z have already boosted Fairshake with additional funding, with Fairshake investing about $78 million in the 2026 midterm elections. StandWithCrypto, which currently has 1.9 million supporters, aims to grow its base to 4 million by 2026. They’re also expanding their efforts globally, as the crypto industry needs consistent regulations not just within the G20 but across the broader international stage. Only with global adoption can cryptocurrency transform the financial system and advance economic freedom worldwide.

I’m incredibly proud of the progress the cryptocurrency community has made. Now, let’s focus on passing fair legislation in the U.S. and rebuilding this industry from the ground up!

Disclaimer:

1. This article is reposted from [Odaily], with the original title “Coinbase Founder: Reflections on the U.S. Election from a Cryptocurrency Perspective.” Copyright belongs to the original author [Brian Armstrong]. If there are any objections to the repost, please contact the Gate Learn Team, and the team will promptly address the matter in accordance with the relevant procedures.
2. Liability Disclaimer: The views and opinions expressed in this article are solely those of the author and do not constitute any investment advice.
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