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Former Blockstream Chief Strategy Officer Samson Mow has expressed concern about the growing political support for Bitcoin, warning that it could weaken the cryptocurrency's core principles and increase the risk of future failures. Mow believes that political involvement could compromise Bitcoin's strength and ultimately harm the entire ecosystem. His comments come as US lawmakers have recently voted on three crypto-related bills, with the Biden administration softening its stance toward crypto. Some experts suggest that these political moves may be aimed at winning votes in the upcoming presidential election, with both Biden and his biggest competitor, Donald Trump, showing support for the cryptocurrency industry.
