Ethereum co-founder Vitalik Buterin warns against voting on crypto policy, as a16z founders endorse Trump – Fortune
One of cryptos most influential voices has warned the industry to refrain from voting for political candidates based solely on their digital asset policies. In a blog published Wednesday, Ethereums co-founder Vitalik Buterin argues that electing candidates simply for being crypto friendly could hurt the industry more in the long-run. Considering whether candidates are ideologically at-odds with what crypto stands for, is more important than if they endorse the right to trade coins in the here and now, he argues.
If you care about freedom, you might want the government to respect your freedom to have the kind of family you want. If you care about building more efficient and equitable economies, you might want to look at the implications of that in housing, he continues. Buterin added that losing site of these bigger questions could lead crypto voters to lose sight of the ideals that originally created crypto in the first place.
In his view, crypto payments are just one iteration of the decentralization movements larger ideological goal of freedom, and a partys commitment to protecting this goal is what should be on the ballot. Decentralized networks are good at protecting freedom, and money is an important sphere where such networks can be applied but its one important sphere among several, he writes.
Trump, who has committed to be the crypto president, will speak at Bitcoin 2024 next week, an annual conference that also serves as a tribal gathering for fans of the original cryptocurrency. Details of what he will discuss have not been disclosed. David Bailey, CEO, BTC Inc., the organizer of the Bitcoin Conference, told Fortune in a statement that Trump will share his vision for the future of the American Bitcoin industry and its impact on the U.S. economy.
In his blog post, Buterin also listed examples of technologies that should also be protected in the name of freedom, beyond just crypto and blockchains. This includes encrypted messaging, privacy from centralized AI companies, and prediction markets and Community Notes that he argues help people form high-quality opinions about important topics in an adversarial environment.
Buterins appeal to higher ideals, however, was quickly met with suggestions he was ignoring political reality.
Much of this seems too clever by half. Good crypto policy requires electing pro-crypto candidates, period. Political reality beats idealism every time, responded prominent crypto layer Jake Chervinsky on X. Another user added, The underlying goal has to be mass adoption, which requires good policy. The tech is inherently democratic.
Buterins blog comes just one day after Ben Horowitz and Marc Andreessen, co-founders of tech venture capital firm a16z, announced their endorsement of Donald Trump on a podcast. For little tech, we think Donald Trump is actually the right choice. Sorry mum, I know youre going to be mad at me for this, but we had to do it, Horowitz said. On that same podcast, Andreessen expressed his fears over how the Democrats might regulate Silicon Valley: My big concern is what we saw in crypto was the foreshadowing of whats gonna happen in AI.
The a16z founders arent the first prominent members of the industry to make their support for Trump public.
I am going to vote for the person whos going to do the best job for our economyI am a voter when it comes to economics, and on that basis, Trump. ARK Invest CEO Cathie Wood said during an interview with YouTuber Kevin Paffrath last month.
In addition, this week it was reported that Tesla CEO and meme coin enthusiast Elon Musk is donating $45 million per month to a new pro-Trump super political action committee, called America PAC. Further donors to the lobbying group include the Winklevoss twins, who founded crypto exchange Gemini, and former U.S. Ambassador to Canada, Kelly Craft, who has lobbied on behalf of the Bitcoin mining industry.
Prominent crypto figures turning to Trump is also indicative of a wider shift. A June survey by Paradigm found that 13% of Republican swing voters are now more convinced to vote for him in light of his recent crypto conversion. Moreover, just over one third of Republicans view crypto positively, the survey found.
Read more:
- Ethereum Price Forecast: ETH ETFs can enjoy staking yields without losing liquidity following Pectra upgrade - FXStreet - July 4th, 2025 [July 4th, 2025]
- Ethereum Progressing Within Expected Range Heres What Lies Ahead | Bitcoinist.com - Bitcoinist.com - July 4th, 2025 [July 4th, 2025]
- Ethereum Breaks $2,600 With Strong Momentum, Eyes $3,000 Next - tokenpost.com - July 4th, 2025 [July 4th, 2025]
- Bit Digital Announces Its Transition to a Pure-Play Ethereum Staking Firm - Yahoo Finance - July 4th, 2025 [July 4th, 2025]
- Ethereum Treasury News: Bitmine Immersion (BMNR) Skyrockets 3,000%, But There Are Risks - CoinDesk - July 4th, 2025 [July 4th, 2025]
- Bitcoin, Ethereum, Dogecoin Surge Amid Trump's 'One Big, Beautiful Bill' Victory Analyst Says BTC On 'Cusp Of Making History' As It Eyes Key Weekly... - July 4th, 2025 [July 4th, 2025]
- Ethereum ETF Inflows Surge 77% in June, $10 Billion by 2025 Predicted - AInvest - July 4th, 2025 [July 4th, 2025]
- Data: The total net inflow of Ethereum spot ETF yesterday was $149 million, with only Grayscale ETHE experiencing a net outflow of $5.3548 million -... - July 4th, 2025 [July 4th, 2025]
- Ethereum surges 9% in two days... "Further upside is in question" - bloomingbit - July 4th, 2025 [July 4th, 2025]
- Ethereum Price Targets $3,400: ETF Flows, Treasury Demand, and $10K Forecast - tradingnews.com - July 4th, 2025 [July 4th, 2025]
- Is Running An Ethereum Node Profitable? Discover the Profitability of Running an Ethereum Node! - Coin Bureau - July 4th, 2025 [July 4th, 2025]
- Ethereum Surges Past $2,550 as Corporate Treasury Adoption and Record Liquid Staking Signal Bullish Momentum - FXLeaders - July 4th, 2025 [July 4th, 2025]
- Ethereum Could Soon Step Out of Its Comfort Zone Thanks to ETFs - Cointribune - July 4th, 2025 [July 4th, 2025]
- Ethereum Time Capsule to Preserve Memories, Memes and More - The Defiant - July 4th, 2025 [July 4th, 2025]
- Why Are There No Big DApps on Ethereum? - CoinDesk - July 4th, 2025 [July 4th, 2025]
- Bitcoin, Ethereum, Solana, XRP Or Dogecoin: If You Invested $1,000 In These Cryptos When 2025 Began, Here is How Much You'd Have Today Now That Half... - July 4th, 2025 [July 4th, 2025]
- How a little-known Bitcoin miner surged tenfold as it became an Ethereum treasury company - dlnews.com - July 4th, 2025 [July 4th, 2025]
- Bhutan hosts decentralized application hackathon with Ethereum Foundation - Biometric Update - July 4th, 2025 [July 4th, 2025]
- Ethereum dev Zack Cole launches initiative to fund 'tokenless' projects, promote ETH burning mechanisms - CryptoSlate - July 4th, 2025 [July 4th, 2025]
- Ethereum (ETH) Price Prediction for July 3 - TradingView - July 4th, 2025 [July 4th, 2025]
- Ethereum-Linked Stocks Surge On Stablecoin And Tokenization Buzz - MSN - July 4th, 2025 [July 4th, 2025]
- SharpLink earns $540K in rewards after staking entire Ethereum portfolio of nearly 200k ETH - CryptoSlate - July 4th, 2025 [July 4th, 2025]
- Ethereum (ETH) Foundation Co-Executive Director: "Now is the time for a more centralized role of the Foundation" - bloomingbit - July 4th, 2025 [July 4th, 2025]
- Ethereum surpasses $2,600 threshold in rally fueled by U.S. payroll numbers - Crypto News - July 4th, 2025 [July 4th, 2025]
- Ethereum (ETH) Price Prediction for July 3 - U.Today - July 4th, 2025 [July 4th, 2025]
- Ethereum Price Prediction: Ethereum Price Eyes A Return To $4,000 Before 2026, Can You Afford To Miss It? - - Disrupt Africa - July 4th, 2025 [July 4th, 2025]
- XRP Ledger launches EVM sidechain, bridging Ethereum and XRP - CryptoSlate - July 4th, 2025 [July 4th, 2025]
- Robinhood Shares Hit All-Time High as Firm Unveils Tokenized Stocks, Ethereum L2 - Decrypt - July 4th, 2025 [July 4th, 2025]
- 2025.7.4 Bitcoin/Ethereum/BNB/SOL Intraday Market Trend Analysis - Binance - July 4th, 2025 [July 4th, 2025]
- Solana vs. Ethereum: Which Ecosystem Is Winning 2025 So Far? - CoinGecko - July 4th, 2025 [July 4th, 2025]
- BitMine Raises $250 Million to Build Major Ethereum Treasury Position - blockhead.co - July 2nd, 2025 [July 2nd, 2025]
- BitMine Immersion Technologies Announces $250 Million Private Placement to Initiate Ethereum Treasury Strategy; Expected to Become One of the Largest... - July 2nd, 2025 [July 2nd, 2025]
- Ethereum Network AwakensMassive On-Chain Moves Signal Whats Coming - CryptoRank - July 2nd, 2025 [July 2nd, 2025]
- BitMine Raises $250M To Become the Strategy of Ethereum as Stock Soars 700% - CCN.com - July 2nd, 2025 [July 2nd, 2025]
- Arbitrum Price Forecast: Will Ethereum L2 Reach $0.59? - Cryptonews - July 2nd, 2025 [July 2nd, 2025]
- Wall Street Legend Tom Lee To Head The MicroStrategy Of Ethereum: Best Meme Coin on ETH To Watch - The Cryptonomist - July 2nd, 2025 [July 2nd, 2025]
- Ethereum At A Crossroad: Can $2,544 Resistance Mark The Start Of A Bullish Trend? - TronWeekly - July 2nd, 2025 [July 2nd, 2025]
- Ethereum (ETH) vs Mutuum Finance (MUTM): Which Altcoin Will Explode First? - MSN - July 2nd, 2025 [July 2nd, 2025]
- Ethereum's Bullish Setup Awaits Breakout Above $2,550 - AInvest - July 2nd, 2025 [July 2nd, 2025]
- BitMine Raises $250 Million, Installs Tom Lee to Build Ethereum Treasury - The Defiant - July 2nd, 2025 [July 2nd, 2025]
- Tom Lee Says Ethereum Could Be the Next Bitcoin - The Crypto Basic - July 2nd, 2025 [July 2nd, 2025]
- MAGACOIN FINANCE Chapter 1, Stage 3 Now Live XRP and Ethereum Investors Pivot to This Breakout Altcoin - MSN - July 2nd, 2025 [July 2nd, 2025]
- Robinhood Plans Ethereum Layer-2 Network for Tokenized Assets - AInvest - July 2nd, 2025 [July 2nd, 2025]
- Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC teases all-time high, ETH and XRP gear up for breakout - FXStreet - July 2nd, 2025 [July 2nd, 2025]
- BitMine stock surges 400% as firm eyes $250 million raise for Ethereum treasury in bid to become top public ETH holder - The Block - July 2nd, 2025 [July 2nd, 2025]
- Ethereum (ETH) Drops 3.3% Despite Growing Treasury Demand From Institutional Players - CoinDesk - July 2nd, 2025 [July 2nd, 2025]
- Ethereum Foundation Dumps $32M as Fidelity Buys $25.7M ETH $2200 Crash or $2800 Breakout Incoming? - Cryptonews - July 2nd, 2025 [July 2nd, 2025]
- Dogecoin Price In Spotlight As It Dethrones Bitcoin, Ethereum In Key Onchain Metric - The Coin Republic - July 2nd, 2025 [July 2nd, 2025]
- Ethereum Community Foundation raises 'millions' to drive value to ETH by funding 'immutable and tokenless' projects - The Block - July 2nd, 2025 [July 2nd, 2025]
- Ethereum Defends Key Support But Breakout Faces Major Obstacles - Action Forex - July 2nd, 2025 [July 2nd, 2025]
- SEC Approves Grayscale GDLC ETF Featuring Bitcoin, Ethereum, XRP, Solana and Cardano - CoinCentral - July 2nd, 2025 [July 2nd, 2025]
- Will XRP Dethrone Ethereum To Lead This Altcoin Season? | Bitcoinist.com - Bitcoinist.com - July 2nd, 2025 [July 2nd, 2025]
- Ripple Debuts EVM Sidechain to Bring Ethereum Apps to XRP Ecosystem - The Defiant - July 2nd, 2025 [July 2nd, 2025]
- Could Solana Overtake Ethereum by 2026? - The Motley Fool - July 2nd, 2025 [July 2nd, 2025]
- Ethereum community plans onchain time capsule to mark 10th anniversary of networks genesis block - The Block - July 2nd, 2025 [July 2nd, 2025]
- 3 Reasons to Buy Solana Instead of Ethereum and 1 Reason Not To - The Motley Fool - July 2nd, 2025 [July 2nd, 2025]
- Solana Skyrockets as Bitcoin and Ethereum Grind Higher: Where Do Prices Go Next? - Decrypt - July 2nd, 2025 [July 2nd, 2025]
- BitMine (BMNR) Stock Soars As It Pivots To Ethereum Treasury, Appoints Tom Lee Chairman - Benzinga - July 2nd, 2025 [July 2nd, 2025]
- Crypto comeback: Bitcoin, Ethereum, and Altcoins ride wave of renewed optimism - London Daily News - July 2nd, 2025 [July 2nd, 2025]
- Bitcoin, Ethereum, XRP, Dogecoin Dip But 'Early July Dip Buys Will Age Well,' Trader Says - Benzinga - July 2nd, 2025 [July 2nd, 2025]
- Lubin Considers Adding Leverage to Ethereum Treasury Firm Sharplink - Bloomberg - June 29th, 2025 [June 29th, 2025]
- Bitcoin And Ethereum Coinbase Premium Remains Positive For 7 Weeks Heres Why - TradingView - June 29th, 2025 [June 29th, 2025]
- Bybit Ethereum Heist Propels Record $2.1 Billion in Crypto Stolen by Hackers So Far in 2025 - Decrypt - June 29th, 2025 [June 29th, 2025]
- 3 Reasons to Buy Solana Instead of Ethereum and 1 Reason Not To - Nasdaq - June 29th, 2025 [June 29th, 2025]
- Investing In Ethereum (ETH) Everything You Need to Know - Securities.io - June 29th, 2025 [June 29th, 2025]
- Could Solana Overtake Ethereum by 2026? - Yahoo Finance - June 29th, 2025 [June 29th, 2025]
- Ethereum (ETH) Poised For A Massive Rally After 4 Years Of Consolidation: Analyst - TronWeekly - June 29th, 2025 [June 29th, 2025]
- ICO-Era Ethereum Whale with 787,000% Gain Suddenly Wakes Up - U.Today - June 29th, 2025 [June 29th, 2025]
- How Bitcoin and Ethereum Prices Are Set To Move With Upcoming $17 Billion Options Expiry, Traders Hedge With Remittix - MSN - June 29th, 2025 [June 29th, 2025]
- Ethereum Steady as Altcoins Dip, Remittix Gains Investor Focus - The Crypto Times - June 29th, 2025 [June 29th, 2025]
- Ethereum Price Poised to Surge 100% to $10,000 on Institutional Buying - AInvest - June 29th, 2025 [June 29th, 2025]
- Ethereum and Solana Staking ETFs Could Unlock Billions As Institutions Eye New Wave Of Passive Income - CoinCentral - June 29th, 2025 [June 29th, 2025]
- Ethereum Price: Short Squeeze To $3,333 On The Cards, With Uniswap and Remittix Set To Skyrocket - CoinCentral - June 29th, 2025 [June 29th, 2025]
- Ethereum Staking Is Now Highly Dominated By Three Platforms - BeInCrypto - June 29th, 2025 [June 29th, 2025]
- REX-Osprey Nears Launch Of Solana And Ethereum Staking ETFs With SEC Approval - TronWeekly - June 29th, 2025 [June 29th, 2025]
- EthCC Opens in Cannes, Drawing a Global Ethereum Crowd - TradingView - June 29th, 2025 [June 29th, 2025]
- EthCC Opens in Cannes, Drawing a Global Ethereum Crowd - CryptoRank - June 29th, 2025 [June 29th, 2025]
- Ethereum Eyes 6x Gain to $10,000 on Bullish Pattern - AInvest - June 29th, 2025 [June 29th, 2025]
- This 1 New Reason to Consider Buying Ethereum Is 1 New Risk for XRP - The Motley Fool - June 29th, 2025 [June 29th, 2025]
- Tom Lee: Stablecoins Are Cryptos Most Disruptive Force And Ethereum Stands to Gain - CryptoRank - June 29th, 2025 [June 29th, 2025]