Solana founder Yakovenko: Crypto industry will be the scapegoat

Anatoly Yakovenko, one of the founding partners of Solana, made remarkable comments about the possible effects of political developments in the USA on the cryptocurrency industry.

Sharing from his account X, Yakovenko stated that Democrats could direct the reactions towards artificial intelligence and data center investments to the cryptocurrency sector.

Yakovenko used the following statements in his post:

"Democrats will direct all the anger towards the cryptocurrency industry. Because no one actually wants to stop building more data centers. Be prepared to be the scapegoat."

Data center discussions are growing

Artificial intelligence and data center investments were one of the important topics of discussion in the Congressional elections held on November 3 in the USA. Especially the high electricity and water consumption of data centers attracted the reaction of local people. Some of the Democratic candidates also advocated for stricter restrictions on new data center projects in their election campaigns.

According to data cited by the Associated Press, 32 of the 34 gubernatorial candidates who were successful in the elections support stricter regulations on data centers.