In a surprising development, Democrats in Washington DC are increasingly embracing Bitcoin, according to Dennis Porter, president and co-founder of Satoshi Action Fund. Porter believes that the decentralized nature of Bitcoin aligns well with core Democratic values and that Democrats are more likely to be pro-Bitcoin than Republicans. He also highlighted Bitcoin's potential to address global financial inequality and provide financial services to the unbanked. Despite President Trump's support for Bitcoin, Porter believes that the Democratic Party's current restructuring phase presents an opportunity for lawmakers to define their stance on digital assets. This suggests that traditional partisan lines may be blurring when it comes to Bitcoin adoption.
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