Why do the Democrats have a grudge against Bitcoin?

Looking around, the development of the American political arena dominated by the Democratic Party in recent years can be said to be quite dynamic. I believe everyone has seen how it performs.

However, it is worth noting that although the Democratic Party’s attitude seems to have eased slightly with the upcoming general election, in fact, whether it is the current President Biden, the Chairman of the Securities and Exchange Commission (SEC), or even the now highly-watched presidential candidate Harris, they all seem to have a relatively indifferent attitude towards Bitcoin.

It’s a long story, and the key lies in their values. As Musk pointed out earlier, Democrats as a whole present a left-leaning political stance and corresponding policy advocacy. Some people even attacked them as "extreme leftists." Among the many Democratic Party’s claims, we can see that from environmental impact and sustainable development, to financial injustice and social justice, to strict regulatory measures, they all reflect their weakening of personal freedom and power, and their emphasis on the value of public and collective interests.

Obviously, under this left-leaning value system, the core concept of Bitcoin seems somewhat out of tune, which is why left-wing Democrats such as Biden and Harris have not shown much interest in Bitcoin. $BTC $ETH $SOL