Does Saikat Chakrabarti Support Crypto?

Based on previous comments, Saikat Chakrabarti has indicated they are very anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Saikat Chakrabarti has made about crypto.

Document a missing stance Saikat Chakrabarti has taken on crypto

Very Anti-Crypto

Saikat Chakrabarti reposted the post below
X profile picture of @ryangrim
Ryan Grim
@ryangrim
Let’s be very clear: the narco dictator Trump is pardoning was beloved by the crypto world for creating lawless, sovereign zones for tech utopias organized around crypto. The current govt moved to shut them down. The crypto class fought back and Trump is now doing their bidding.
tweet image
tweet image
Add your own analysis on this stance

Somewhat Anti-Crypto

X profile picture of @saikatc
Saikat Chakrabarti for Congress
@saikatc
Democrats including Nancy Pelosi just voted with Republicans to pass the GENIUS Act, which specifically does not prohibit Trump from profiting off of stablecoins, a type of cryptocurrency. This is especially egregious when Trump is already using his position as President to publicans needed Dem votes to pass this, and Dems willingly gave them because it was a crypto industry priority.
tweet image
Add your own analysis on this stance

Very Anti-Crypto

X profile picture of @saikatc
Saikat Chakrabarti for Congress
@saikatc
This is a bill Democrats had the power to stop. But 18 Senate Democrats and over 100 House Democrats, including my opponent Nancy Pelosi, joined Republicans to vote for it because this was a crypto industry priority. Nancy Pelosi just enabled Trump’s corruption.
X profile picture of @MazeLove14
Maze Love
@MazeLove14
The GENIUS Act explicitly bars members of Congress and federal officials from profiting off stablecoins but EXEMPTS the president, vice president, and their families. This carve-out allows Trump to leverage his position for personal gain without conflict-of-interest barriers.
Add your own analysis on this stance

Very Anti-Crypto

X profile picture of @saikatc
Saikat Chakrabarti for Congress
@saikatc
It sounds a lot like they are setting up the conditions for a mass transfer of wealth to crypto in the case of a financial meltdown. And then making a financial meltdown more likely through a bonkers tariff strategy and a terrible budget.
X profile picture of @davidsirota
David Sirota
@davidsirota
🚨BIG STORY: Senators put a line into the crypto bill requiring bankrupt banks to prioritize remunerating crypto investors over depositors. The provision could require banks to take cash from your savings account & use it to pay senators' crypto donors. levernews.com/cryptos-new-ba…
Add your own analysis on this stance

Very Anti-Crypto

X profile picture of @saikatc
Saikat Chakrabarti for Congress
@saikatc
Crypo backers want us to treat crypto like a financial asset when it comes to listing them on ETFs or creating a crypto reserve, but when it comes to taxing them like a financial asset, suddenly they deserve an exception? Sorry, you can't have it both ways.
X profile picture of @JonathanCohn
Jonathan 'Boo and Vote' Cohn
@JonathanCohn
Missed this yesterday. 19 Democrats (including Chuck Schumer.....) joined Republicans in voting to repeal a Biden rule requiring cryptocurrency brokers to adhere to the same tax reporting rules as stock brokers. A yes vote is a pro-fraud, pro-tax-evasion vote here.
Add your own analysis on this stance

Very Anti-Crypto

Saikat Chakrabarti replied to a post from @Trevor_McHaney
X profile picture of @saikatc
Saikat Chakrabarti for Congress
@saikatc
@Trevor_McHaney Yes, we should do those too. China is also eating our lunch on nuclear. But none of these industries is getting helped by an industrial policy of investing in crypto. China explicitly banned crypto because it diverts valuable resources away from actually productive industries.
Add your own analysis on this stance

Very Anti-Crypto

X profile picture of @saikatc
Saikat Chakrabarti for Congress
@saikatc
While China eats our lunch by investing to build all the cars, batteries, trains, and bridges across the world, we are focusing on buying up chips at the casino. Of all the industries to focus on, crypto is the only one for which there is zero good reason.
X profile picture of @RepRitchie
Rep. Ritchie Torres
@RepRitchie
Excited to announce that today, @GOPMajorityWhip and I are launching the Congressional Crypto Caucus. We hope to build a unified, bipartisan coalition to cement America’s leadership in the future of digital assets and blockchain innovation.
Add your own analysis on this stance

Neutral on Crypto

X profile picture of @saikatc
Saikat Chakrabarti for Congress
@saikatc
Conservative government officials also went after tech. Tech CEOs were being attacked by GOP Congressmen for 'censorship' and JD Vance is a big critic of Big Tech. So what's the simple explanation for the most crypto invested parts of tech going rightward?
X profile picture of @asymmetricinfo
Megan McArdle
@asymmetricinfo
So many folks trying to explain Silicon Valley's rightshift without mentioning "progressive activism disrupted their operations", "progressive journalism took a hard anti-tech turn", and "progressive antitrust went after their businesses". Why seek non-obvious explanations when the obvious ones are right there?
Add your own analysis on this stance