Does Jamie Raskin Support Crypto?

On December 11, 2025, Rep. Jamie Raskin posted a tweet attacking his political opponents, ending with the line, "Let them eat crypto and pardons for dictators." This statement is a clear example of using crypto as a political weapon and earns a "Very Against Crypto" score. The phrase is a modern twist on "let them eat cake," a saying used to portray an out-of-touch ruling class offering a useless substitute to people in need. By framing crypto this way, Rep. Raskin dismisses it as a frivolous distraction, not a serious financial innovation. Worse, he lumps crypto in with "pardons for dictators," creating a rhetorical link between digital assets and corrupt, anti-democratic behavior. This is not a substantive critique of the technology but an attempt to tarnish it by association. This stance is entirely consistent with Rep. Raskin's legislative record. He has consistently voted against bills that would provide the regulatory clarity our industry desperately needs. This includes voting 'nay' on the FIT21 Act, the SAB 121 repeal, the CLARITY Act, and the GENIUS Act for stablecoins. Using crypto as a punchline while simultaneously blocking efforts to establish clear rules demonstrates a deep-seated opposition to the industry.

On October 16, 2025, Rep. Jamie Raskin posted a tweet criticizing the president's priorities. In it, he grouped the desire to "promote bitcoin" with other actions he framed negatively, such as neglecting healthcare and seeking personal profit. This is a very clear anti-crypto signal. The statement uses bitcoin as a rhetorical tool, lumping it in with perceived selfish or frivolous pursuits to discredit it by association. Instead of engaging with the substance of what bitcoin represents—a decentralized financial network, a potential inflation hedge, a technological innovation—Rep. Raskin dismisses its promotion as an inherently negative act. This position is consistent with the Congressman's broader record. He has voted against every significant piece of pro-crypto legislation aimed at establishing clear rules, including the FIT21 Act, the CLARITY Act, and the repeal of SAB 121. This pattern of opposition, both in his rhetoric and his voting record, demonstrates a consistent and deeply held stance against the digital asset industry. Using bitcoin as a political punching bag, rather than a topic for serious policy discussion, is why this stance receives a "Very Against Crypto" score.