Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
a16z Lianchuang: Trump's policies are more beneficial to the technology and entrepreneurial ecosystem

a16z Lianchuang: Trump's policies are more beneficial to the technology and entrepreneurial ecosystem

CointimeCointime2024/07/17 11:34
By:Cointime

Marc Andreessen and Ben Horowitz, co-founders of Andreessen Horowitz (a16z), announced their support for Trump in the 2024 presidential election. Andreessen stated that although he had previously been a supporter of the Democratic Party, he now believes that Trump's policies are more favorable to the technology and startup ecosystem.The two explained that the Biden administration's excessive regulation and tax policies, especially the proposal to tax unrealized capital gains, have seriously affected startup companies and technological innovation. Trump, on the other hand, has shown a more open and supportive attitude towards artificial intelligence and cryptocurrency regulation. Horowitz also mentioned that during their dinner with Trump, he expressed concern about AI but stated that the US must win in this field or risk being overtaken by China.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Bitcoin and Ethereum ETF Entry Series Ended! Major Exits! Here is the Latest Data…

Long-term inflows in spot Bitcoin and Ethereum ETFs have given way to outflows.

Bitcoinsistemi2024/12/21 10:33

EU Commission approves Nvidia’s Run:ai acquisition

Share link:In this post: This followed a probe over competition concerns raised by Italian regulators. The EU Commission unconditionally approved the transaction. The Nvidia case is one of the many other probes into big tech firms’ acquisition of smaller companies.

Cryptopolitan2024/12/21 09:22

SEC hits Jump Trading with $123m fine over TerraUSD scandal and Luna misconduct

Share link:In this post: SEC has fined Jump Trading $123 million over its role in the TerraUSD scandal. Tai Mo Shan agreed to settle the fine without admitting or refuting the charges. Jump Trading made more than $1 billion in profit in an arrangement with Terraform.

Cryptopolitan2024/12/21 09:22

Shiba Inu advances DeFi strategy with Chainlink partnership

Chainlink's CCT standard allows Shiba Inu tokens to achieve interoperability and expand across 12 blockchains.

CryptoSlate2024/12/21 08:44