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Bitcoin Price Drop below $4,000, first time since Sept 2017
Bitcoin News

Jake Paul Bashes Biden Over Falling Crypto Prices

by Nick Marinoff
September 30, 2022
in Bitcoin News, News
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YouTuber and boxer Jake Paul has some harsh words for Joe Biden. Like many Americans, the social media star has grown disillusioned with the acting president, and a lot of it has to do with cryptocurrency.

Jake Paul Is Not Happy with Biden, and Can You Blame Him?

As many of his fans know, Paul is a mega crypto fan, having invested millions of dollars into the market before losing much of it in recent months like several traders. The digital currency scene is taking a serious beating, having lost roughly $2 trillion in overall valuation since the beginning of the year, and many of the world’s leading assets – such as bitcoin and Ethereum – have lost between 60 and 90 percent of their values.

Paul took issue with many of Biden’s failed economic policies, which he cites as the reasons why the country is in such bad shape and why digital currency prices continue to undergo their most bearish conditions in years. At the age of 25, Paul has amassed a Twitter following exceeding four million people, and per data presented in Forbes, the digital media star made over $45 million last year through YouTube partnerships alone.

In a recent social post, Paul tore into Biden and his ongoing failures since he took office. Paul noted “highest gas prices,” “worst inflation,” and “plummeting crypto prices” as his biggest issues with the current commander in chief, though he also stated “highest rent prices ever” as another major issue.

He even took aim at Biden’s “new incomprehensible language,” making fun of the fact that Sleepy Joe seems practically incapable of forming a complete sentence without the help of a teleprompter.

But it’s not just Biden himself that Paul has problems with. The YouTuber also took aim at the former VP’s followers, claiming that they were part of “the American problem,” and that anyone who voted for Biden who didn’t ultimately regret their actions were taking the country down a terrible path.

He stated:

If you’re reading this and voted for Biden and you still don’t regret it, then you are the American problem… My generation, left or right, agrees with me. We need the President of our country to do better.

Paul is not alone in his criticism of Biden. Per data from the Morning Consult Political Intelligence tracking report, less than 30 percent of the country’s youngest democrats feel Biden is doing a good job.

Many People Don’t Want Biden in Office Anymore

Recently, Steve Simeonidis – a Democratic National Committee member in Miami – voiced opposition to Biden running for reelection in 2024, claiming:

To say our country was on the right track would flagrantly depart from reality.

Less than two years into his first term, Biden is already considered by most Americans to be one of the worst presidents in history.

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