Democrats and liberals push narratives and Biden administration talking points claiming a successful and healthy economy with strong jobs performance. But working Americans who feel the effects of inflation and layoffs experience a different reality. While trying to remain hopeful for the future, many voters also voice longing for the economy and markets prior to COVID.

MIG Reports data shows emerging discussions about layoffs and firings with sentiment driven by ongoing political and economic conditions in Biden’s economy. This dialogue appears to be concentrated around several themes:

• The U.S. economy under Biden versus Trump
• Unemployment rates
• Inflation
• Legislation around job creation and layoffs

What Americans Are Saying

America’s economic performance frequently dominates voter conversations. People compare the achievements of Presidents Biden and Trump on the economy. There are many references to record-low unemployment rates and the two presidents’ respective economic policies, especially during and after COVID.

The COVID era brought extreme volatility to employment statistics, which continues to influence public sentiment. For example, there is frequent mention of the record high unemployment during Trump's term due to lockdowns. People also talk about how economic recovery has gone under Biden—specifically low unemployment rates.

Sentiment Trends

Attitudes about jobs and layoffs show a strong partisan divide. Biden supporters emphasize the reported low unemployment rates, stabilized inflation, significant investments in infrastructure, and legislative successes such as the CHIPS Act and lowered insulin prices.

Trump supporters highlight the unparalleled economic growth during his tenure prior to COVID, citing low taxes, high stock market performance, and strong GDP growth. Both sides seem to view the economy as much better during their preferred candidate’s presidency.

This political polarization is underscored by mutual accusations of economic mismanagement. Each side attributes positive or negative outcomes selectively to their favored administration.

Demographic Patterns

Discussions about layoffs and unemployment rates cut across various groups, but certain patterns emerge. Minorities, particularly African American and Hispanic communities, are noted for achieving historically low unemployment rates under both administrations. This serves as a focal point in debates about the effectiveness of each administration’s economic policies.

Industry Trends

Many discussions about jobs refer specifically to the manufacturing and energy sectors. This suggests wider concerns about job security in traditional blue-collar jobs. Voter focus on these industries confirms the importance of political platforms that heavily emphasize revitalizing American manufacturing. Workers want to ensure energy independence, which is touted as critical for job creation and economic stability.

Geographical Conversations

States like Mississippi, Kansas, and North Dakota come up frequently in job discussions. Reports cite Mississippi's record-low unemployment alongside the lowest labor force participation rate. This suggests a nuanced economic landscape where job growth does not necessarily equate to broader economic health.

Kansas shows slight changes in employment metrics, maintaining a middle ground in job growth across states. North Dakota’s energy production and high GDP per capita also get attention, highlighting its robust economic performance.

WARN Data

MIG Reports analysis of data from the Worker Adjustment and Retraining Notification (WARN) Act revealed some interesting patterns. WARN notices are filed by employers announcing mass layoffs or plant closures. The dataset for 2024 year-to-date shows 2,247 layoff notices which affected 183,454 employees. That equates to an average of 82 workers per company layoff notice.

Some additional layoff trends include:

There is a significant spike of WARN notice activity in January of 2024, indicating a high number of layoffs planned at the beginning of the year. The number of WARN notices fluctuates across different months with noticeable peaks and troughs.

California has the highest number of WARN notices by a significant margin. Other states with a notable number of WARN notices include Texas, New York, Florida, and Illinois.

News of U.S. prosecutors recommending the Justice Department criminally charge Boeing for violating the settlement on fatal 737 Max crashes, is generating discussion. On June 18, Boeing CEO Dave Calhoun testified in the U.S. Senate about numerous issues which sparked widespread public reactions.

Public commentary focuses on the aviation giant's apparent safety lapses and retaliatory tactics against whistleblowers. Americans seem deeply concerned and outraged over the company's negligence and the emerging whistleblower claims, which add fuel to an already blazing fire of public discontent.

Sentiment Trends

American attitudes are predominantly negative towards Boeing. There is a strong sense of betrayal, with people feeling Boeing's leadership, including Calhoun, place profits above human lives and safety. The CEO's large salary amid these allegations only exacerbates public anger. This highlights a stark disconnect between Boeing's top brass and any serious consequences for their actions.

Many Americans draw parallels between Boeing's corporate practices and broader systemic issues within American political and business practices. Americans believe Boeing's safety issues represent a larger problem in which corporate malpractice goes unchecked due to weak regulatory oversight and prioritizing corporate profit over public welfare. The speculation about favoritism and insufficient criminal prosecution by the Justice Department fuels the narrative of systemic corruption.

Belief in corrupt corporations leads calls for a more extensive overhaul, beyond penalizing Boeing. Public opinion suggests holding individuals at the top levels of management accountable, including demands for Calhoun's resignation, could be a starting point. However, transforming this sentiment into a broader movement against systemic corporate and political negligence requires strategic framing.

Corporate Corruption in America

Many voters believe Boeing's quality control issues and lack of repercussions are emblematic of larger problems in corporate America. There are recurring mentions of corporate greed, regulatory failure, and political complicity. Voter suspicions include:

• Whistleblower deaths and retaliation show grave moral and legal corruption.
• Boeing's situation with other corporate malpractice cases reveals a pattern of corporate negligence under weak administration.

While the public's immediate reaction is one of anger and disappointment towards Boeing, there is potential to channel this sentiment into a broader movement against corporate hubris. People seem to want robust regulatory governance, which they hope can lead to a significant systemic overhaul.

Online discussion about corporate corruption isn't limited to Boeing. Many people draw parallels between Boeing's situation and other issues like corporate tax evasion, legal loopholes, and the perceived inadequacy of regulatory frameworks.

Some Americans further associate these corporate malpractices with a corrupt political establishment. They believe politicians across party lines tend to protect the interests of big corporations over those of ordinary citizens.

This negativity seems to be impacting Boeing’s stock, which is down in 2024. It also remains lower than when the deferred prosecution agreement (DPA) between Boeing and the U.S. Department of Justice (DOJ) was announced on January 7, 2021. The agreement required Boeing to pay more than $2.5 billion to resolve the criminal charge of conspiracy to defraud the Federal Aviation Administration (FAA).

The sudden and indefinite removal of Zyn nicotine pouches from the market has caused a predominantly negative reaction from Americans. Zyn users and anti-regulation advocates express frustration, confusion, and concern. Many voice discontent with the decision to discontinue Zyn sales in the U.S. after the company received a subpoena about its compliance with D.C.’s ban on flavored tobacco.

Many Americans say Zyn has been a significant part of their lives and they’re unhappy if it becomes unavailable. This disruption appears to have affected various demographics, from younger individuals and older consumers who use tobacco products.

The discussion trends show heavy engagement across social media, blogs, and forums. Conversations often pivot around regulatory concerns, health implications, and the economic impact on both consumers and businesses. Some users speculate that Zyn's removal may relate to regulatory scrutiny, suggesting potential issues in compliance or safety which have not been transparently communicated. Meanwhile, others focus on the health impacts, hypothesizing that undisclosed health risks could be a reason for the abrupt market withdrawal.

Economic ramifications are another hot topic, particularly for small business owners and retailers who sell Zyn products. Discussions reflect anxiety over potential revenue losses and the search for alternative products. Zyn users from various economic backgrounds lament the loss of a product they had budgeted for, indicating the product’s broad market penetration and consumer dependency.

Demographically, the reactions can be categorized into distinct patterns. Younger adults, often vocal on platforms like X and Instagram, use hashtags and memes to express their frustration and seek out information on possible replacements. This group also shares concerns about lifestyle adjustments and habitual changes resulting from Zyn's absence. Many younger voters also have general regulation concerns for things like TikTok, NYC mask bans, and in some cases pornography.

Middle-aged and older adults, who are more prevalent on platforms like Facebook and local news forums, tend to adopt a more pragmatic tone. They discuss the implications more analytically. Their conversations often delve into personal anecdotes about how the disruption impacts their daily routines, household expenses, and even broader societal implications.

A smaller subgroup within these demographics comprises health-conscious individuals who view Zyn’s market removal as a potential positive development. They often advocate for natural alternatives and discuss the importance of regulatory compliance for consumer products.

Online discourse about AI and American jobs continues to show worry. There is an overall negative sentiment, specifically among 50- to 60-year-olds and those in blue-collar positions.

Recent economic studies indicate negative sentiment is likely to continue as workers fear AI displacement in the workforce. This will likely extend beyond the cited demographics as more people consider the implications of AI on jobs. Several industries beyond blue-collar are feeling AI’s impact on the workforce.

• The automotive sector led in job cuts, with Tesla slashing 14,000 jobs. This adds to a total of 14,373 for the month and 20,189 for the year, a 108% increase from last year.
• Education jobs followed with 8,092 cuts in April, totaling 17,892 for the year. This is up 635% from the previous year due to budgetary constraints and recruitment issues.
• The Healthcare industry saw 5,826 job cuts in April, totaling 17,218 for the year, a 41% decrease from last year.
• Technology jobs saw 47,436 cuts this year, which is a startling 58% decrease from last year.

• The media industry reported 8,091 cuts this year, down 29%. However, the news subset is up 12% at 2,184 cuts.

While not all job cuts were directly a result of AI innovations, many view AI as one more threat among many for jobs. People worry about the economy and other factors, which worsen fears that companies may opt to save money with automation.

American Fears About AI Displacement

There is a sense of inevitability and concern in most discussions about job cuts and AI. People are apprehensive about the rapid pace of artificial intelligence development and its potential to automate jobs that were previously considered secure. This includes jobs requiring higher education or specialized training.

Conversations often reflect concerns about technological unemployment, with some expressing anxiety about being forced into early retirement before they have had a chance to secure financial stability.

Sentiment Trends

Feelings about AI’s impact on employment trends are largely negative. Many Americans worry that AI and automation could push them out of the labor market prematurely. This would damage their ability to save adequately for retirement.

Displacement anxieties are especially noticeable among middle-aged workers who feel they are too young to retire but too old to re-enter the job market if displaced. These discussions frequently underscore the lack of adequate retraining and reskilling opportunities, which exacerbates fears.

Demographic Patterns

Some demographic patterns are also evident in these discussions. Older workers, particularly those in their 50s and early 60s, are more vocal about their concerns, specifically regarding AI.

Older workers often highlight the difficulty in finding new employment at a later stage in their careers. They also mention the inadequacy of their retirement savings in the face of unexpected job loss.

Younger demographics seem to express a different kind of concern. Their focus is more on long-term job security and the career disruptions AI might cause. Many younger workers are optimistic about their ability to adapt to new working conditions. However, they are still somewhat anxious, especially amid larger economic worries.

Geographically, workers in regions with a higher concentration of manufacturing and traditionally blue-collar jobs express more anxiety. Discussions in more tech-centric regions might reflect a more balanced or even optimistic view, with some anticipating that new job categories will emerge as AI technology evolves.

Withing the negative discussion, there also exists a minority viewpoint that sees AI as an opportunity rather than a threat. This group usually consists of those who work in tech or have seen the benefits of AI integration in the workplace. They argue AI could enhance productivity, create new job opportunities, and improve work-life balance.

Recently, Infowars owner Alex Jones took steps to liquidate his assets to pay legal damages. These costs were money he owes victims of the 2012 Sandy Hook school massacre. The original court-ordered payment totaled approximately $1.5 billion.

Online reactions to possibility of Alex Jones being forced to sell Infowars are contentions, dividing people along political lines. The debate largely revolves around certain keywords and phrases like the "deep state,” "globalism,” “freedom of speech,” “the Biden administration,” and “MAGA.”

Deep State

Sentiment toward the deep state is predominantly negative and critical of:

• Government bureaucracy
• Mainstream media
• The Biden administration

Discussion trends include:

• A perception that deep state entities mislead the public.
• The deep state is often blamed for negative events. People believe the deep state is a clandestine network within the government manipulating national affairs.
• Media and politicians burying the Hunter Biden laptop story during the 2020 election is frequently cited as evidence of deep state action.
• People express worry over perceived threats to free speech by the deep state. This is frequently mentioned in refences to Alex Jones and Infowars.
• Infowars viewers suggest Jones being forced to sell his platform could be a coordinated attack by the deep state.
• There is strong support for the MAGA movement, indicating a large conservative presence within these discussions.

A main theme in discussions is an “us versus them” attitude, suggesting strong distrust and suspicion towards government institutions and mainstream media. 

Discussion and Sentiment Analysis

As people discuss the situation with Alex Jones and the potential loss of Infowars, there are several discussion and sentiment trends:

• There is a pervasive sense of dissatisfaction and anger among Jones supporters.
• Many people frequently use terms like "uniparty," highlighting a distrust in both political parties which people view as colluding against conservative interests.
• There is specific dissatisfaction with Republican representatives for failing to uphold conservative values.
• People are calling for action from figures like Rep. Marjorie Tayler-Greene and Speaker Mike Johnson, albeit with skepticism about their effectiveness.
• Many conversations mention people like Steve Bannon, indicating a link between personal grievances and larger political events.
• There is a desire for grassroots mobilization and resistance, with MAGA supporters viewed as a counterforce to perceived political wrongdoings.

Despite an overall negative sentiment, are also optimistic calls for concrete action to address perceived injustices against Jones, Bannon, Trump, and other conservative figures. Among the dissatisfaction and disillusionment, there's a hint of rallying and a call for tangible action.

The newest Star Wars franchise release called “The Acolyte” premiered to resounding love and admiration from those promoting the film. However, there was also dismissal and sharp disapproval from the viewing audience.

MIG Reports analysis of conversations about the show reveals negative sentiments, primarily about wokeness in contemporary culture. There is evident discontent and outrage among many American on this topic. They express disappointment with changes to traditional stories, claiming they have been altered to suit a woke agenda.

Most people associate wokeness with political correctness, social justice efforts, DEI, or liberal ideology. There are calls to boycott Disney and streaming platforms, or simply refusing to watch the series in objection to forced inclusiveness and diversity.

Several media outlets gave the series high scores, reviews, and other accolades. But most consumers and Star Wars fans imposed precipitously low ratings and reviews on the show.

A lot of viewers are also rekindling criticism of The Acolyte’s protagonist Amandla Stenberg, who made controversial remarks in 2018. At the time, she said, "The goal was the upset white people." This drew indignation, resentment, and accusations that Stenberg promotes racism. The voices resurrecting Stenberg’s comments voice opposition to what they call "liberal" or "leftist" narratives. Many in this group are parents or Star Wars fans with conservative viewpoints.

There is also spirited debate about individual freedom and the right to express one's opinions. People emphasize the importance of free speech and bemoan what they perceive as restrictions imposed by woke culture on individual expression.

Some Americans characterize themselves as victims of aggressive leftist agendas, expressing fear and concern about traditional values deteriorating and the erasure of history. They also draw parallels between current socio-political trends and historical societal collapses.

Additionally, there is robust criticism of Democrats, with comments equating the party's policies with communism and predicting a possible civil war due to ideological disparities. They also believe the left would refuse to allow a peaceful separation, if things come to that. Many in this group dismisses Joe Biden’s left leaning administration and a call to save America in upcoming elections.

Red Lobster’s sudden bankruptcy announcement and restaurant closures sparked various reactions from American diners. People express disappointment, nostalgia, and overarching economic concerns. MIG Reports explores sentiments, demographic patterns, topics of conversation, and potential third-order effects resulting from the news.

What Americans Are Saying

Disappointment and Nostalgia

Many Americans shared memories and emotional attachments to Red Lobster, often tied to family gatherings and special occasions. Red Lobster is often seen as a staple of Americana, and its closure is perceived as the loss of a cultural icon.

Economic Concerns

There's significant concern about the employees who will lose their jobs, many of whom are part-time workers, students, or from lower-income backgrounds. Communities where Red Lobster restaurants were a significant employer or attraction are worried about the broader economic impact on small local businesses that relied on Red Lobster for foot traffic.

Corporate Responsibility

Some criticize the corporate decisions leading to Red Lobster’s bankruptcy, discussing how closures could have been mitigated. There are calls for the company to support displaced workers through severance packages or job placement programs.

Consumer Choice and Dining Options

Some consumers express concern over their dining options shrinking, particularly in smaller towns where Red Lobster might have been one of the few sit-down restaurants. Many are also discussing possible alternatives, such as other seafood restaurants or different types of cuisine.

Demographic Group Reactions

Age Groups

Older adults, particularly Baby Boomers and Gen X, express more nostalgia and emotional attachment to Red Lobster. Millennials and Gen Z are more focused on the economic implications and job losses.

Geographic Distribution

Urban areas have more dining alternatives, so the impact is less severe. Rural areas show greater concern due to fewer dining options and more significant local economic impact. Coastal areas, where seafood is a more significant part of the local diet, are particularly affected.

Socioeconomic Status

Lower income groups are concerned about job losses and economic impacts on their communities. Those who already struggle to afford food may also lose their jobs if more businesses continue to close. Middle to upper income groups are more focused on the nostalgic and cultural loss.

Potential Third-Order Effects of Red Lobster’s Bankruptcy

Shifting Dining Trends

One hope that some express over a chain like Red Lobster closing is the potential increased patronage for local, independent seafood restaurants. Other dining establishments may gain Red Lobster customers, leading to a potential boost in local businesses. Consumers may also shift towards cooking seafood at home due to rising restaurant costs, boosting sales in grocery stores and seafood markets.

Labor Market Adjustments

Displaced workers will increase competition in the job market, particularly in the food service and hospitality industries. Workers may seek to diversify their skills, leading to an uptick in enrollment in vocational training programs.

Community and Economic Development

Heavily impacted communities might focus on diversifying their local economies to reduce dependence on any single employer. There may be increased demand for social programs and community support initiatives to help displaced workers and their families.

Corporate Reputation and Consumer Trust

The abrupt closure may lead to a loss of trust in corporate chains, pushing consumers towards businesses perceived as more stable and community focused. Former Red Lobster patrons may transfer their loyalty to other brands, impacting the competitive landscape in the food service industry.

Ubisoft, the developers of the Assassin’s Creed video game franchise, announced its newest game will feature a black protagonist in feudal Japan. The character, Yasuke, was an African slave brought to Japan by an Italian missionary. He served as a "retainer," which was essentially a servant to samurai. This anachronism for the sake of diversity sparked online debate, reflecting broader cultural, historical, and political tensions. The discourse spans multiple dimensions, including historical accuracy, cultural representation, and the impact of woke ideologies on creative industries like gaming.

Historical Accuracy and Cultural Representation

Criticism of Historical Inaccuracy

Many critics argue having a black protagonist in a feudal Japan setting is historically inaccurate. They contend that such a character would not fit the historical and cultural context of the period, since Japan was relatively isolated and homogenous.

Some emphasize that historical accuracy is essential for maintaining the integrity and immersion of a game set in a specific historical era. They believe bending historical facts for the sake of diversity undermines the educational and experiential value of historical fiction.

Support for Creative Freedom and Representation

Proponents of diversity argue video games are a form of art and should be allowed creative freedom. They posit that incorporating diverse characters can offer new perspectives and enrich storytelling.

Advocates for representation say including a black protagonist can challenge Eurocentric narratives in media and provide visibility for underrepresented groups, despite the game taking place in feudal Japan and not needing European characters.

Woke Ideologies and Cultural Wars

The Woke Right and Leftist Parallels

The rhetoric from the "Woke Right" mirrors that of what they criticize in "leftist loonies." Both sides are seen as being inflexible and dogmatic about their moral and ideological stances.

Some commentators on the right accuse the left of pushing “diversity and inclusion” at the expense of historical realism and traditional values. They believe that such moves are part of a broader cultural agenda that erases historical facts and promotes a progressive ideology.

Virtue Signaling and Corporate Agendas

Critics from both ends of the political spectrum accuse companies like Ubisoft of engaging in virtue signaling. They argue these companies adopt progressive stances not out of genuine commitment to diversity, but to appeal to a broader market and avoid backlash.

This sentiment is reflected in broader critiques of corporate practices that superficially adopt social causes. Many accuse them of failing to address underlying issues and engaging in "performative wokeness." 

Broader Cultural Context

Freedom of Speech and Censorship

The discussions often extend to debates about freedom of speech and the perceived censorship of conservative viewpoints. Some argue pushing back against historically inaccurate representation is a form of preserving free expression and historical truth.

Others counter that encouraging diverse representation is itself an exercise of free speech and creativity, and limiting this in the name of accuracy is a form of censorship.

Polarization and Social Media Discourse

Social media platforms amplify these debates, with many resorting to hyperbolic and inflammatory language. This polarization makes it difficult to have nuanced discussions about the balance between historical accuracy and modern pushes for diversity, equity, and inclusion (DEI).

The dialogue often devolves into ad hominem attacks and entrenched positions, reflecting broader societal divisions on issues of race, history, and identity politics.

The Senate voted overwhelmingly to repeal SAB 121, which requires banks to place crypto assets on their balance sheets. The 60-38 vote suggests a bipartisan pushback against the SEC's approach to digital assets but is also generating discussion and disagreement.

Overall, Americans seem to feel a blend of optimism about technological innovation, concerns about regulatory overreach, and a growing recognition of digital assets' potential impact on the economy and society.

There is a noticeable call to promote pro-crypto representatives regardless of political affiliations. Most voters seem to believe the real battle is between corporations and the people, rather than a simple red versus blue political divide when it comes to crypto.

Americans Are Growing Bullish on Bitcoin

A substantial increase in cryptocurrency ownership shows 40% of American adults now own crypto. And the growing number of crypto holders worry stringent regulations could hinder innovation and drive crypto businesses out of the U.S. They argue legislation should involve more input from industry experts to ensure balanced and effective regulation.

Some people discuss potential risks and benefits of crypto. There are concerns about government control over digital currencies and how it might impact individual freedoms. Cryptocurrency is also highlighted as a hedge against inflation and currency devaluation, a topic that is particularly negative for the Biden administration.

Several high-profile Democratic senators, including Sen. Booker, Sen. Casey, Sen. Tester, and others, broke from the Party’s typical stance. The notoriously anti-crypto Biden/Gensler/Warren alliance seems to be facing a shift among Democratic voters towards a more pro-crypto stance.

Republicans May Become the Party of Crypto

Despite a bipartisan vote in the Senate, there are disagreements about whether crypto is truly a bipartisan issue. Some suggest Democrats fear losing donors more than they embrace cryptocurrency.

No crypto is most certainly is not a “bipartisan issue”.

Biden is a democrat, Gensler is a democrat, Elizabeth Warren is a democrat. The entire push to harm this industry has come from democrats.

The fact that a tiny handful of dems got afraid of fundraising numbers & voted… https://t.co/XQ9HqkYp9T

— Bruce Fenton (@brucefenton) May 17, 2024

Most of the politicians who are perceived as enthusiastically pro-crypto are Republican. This pushes many voters to conclude that Democrats, despite their words, are not ardently invested in digital assets.

A tweet from the popular crypto publication Bitcoin Magazine highlights its CEO David Bailey for working with Donald Trump's campaign to shape a Bitcoin and crypto policy agenda. This seems to encourage voices advocating for a president supportive of Bitcoin.

JUST IN: Bitcoin Magazine's CEO David Bailey has been working with Donald Trump's campaign to develop their #Bitcoin and crypto policy agenda.

It's time for a pro-Bitcoin President 🇺🇸 pic.twitter.com/TQs5S0bf38

— Bitcoin Magazine (@BitcoinMagazine) May 11, 2024

Former President Trump has recently spoken of himself as the best and only option for voters who prioritize the issue of cryptocurrency. He said, “If you’re for crypto, you better vote for Trump.”

“I’m good with Crypto. If you’re for crypto you better vote for Trump.” pic.twitter.com/3ScdE0TfPR

— Autism Capital 🧩 (@AutismCapital) May 9, 2024

Backlash Against Anti-Crypto Politicians

Meanwhile, politicians like Elizabeth Warren and Joe Biden face widespread criticism for their stance on crypto. Many people feel that anti-crypto policies are detrimental to financial inclusion and innovation, along with worsening already poor economic conditions and fiscal policy.

Supporting anti-crypto policies could materially impact Biden's support, especially among younger and independent voters who are more likely to own crypto. There is a sentiment that Biden could lose votes in the presidential election over the issue of crypto, even from voters who might otherwise voter for him.

Americans seem largely negative towards Elizabeth Warren and Joe Biden regarding their anti-crypto policies. Gary Gensler the SEC Chairman also faces criticism for his comments and policies regarding crypto regulation.

There is also a vocal push from Bitcoin supporters who are warming to the idea of a pro-Bitcoin president, criticizing Biden’s promise to veto pro-crypto resolutions.

Accusations of Hypocrisy and Elitism

Another common criticism toward politicians like Elizabeth Warren and Joe Biden is their crypto policies are "anti-freedom." There are accusations of communism, hypocrisy, and suggestions that they want to maintain their positions in a modern plutocracy.

Many voters mention Warren's wealth and accusations of insider trading. They believe she is aligned with major financial institutions like JP Morgan and is intent on shutting down non-governmental blockchain activities.

Those who view crypto as an opportunity to bring financial opportunity to all and inclusion for the unbanked are some of the harshest critics of rich politicians who push for tighter regulations on digital assets.