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Shark Tank Billionaire Mark Cuban Says Kamala Harris Might Be More Open To Crypto, Innovation Than Joe Biden

Insidebitcoin2024/07/24 09:44
By:Insidebitcoin

Billionaire Shark Tank investor Mark Cuban believes Kamala Harris could be more open to cryptocurrencies and other technological innovations than President Joe Biden.

“The feedback I’m getting, but certainly not confirmed by the VP, is that she will be far more open to business, AI, crypto and government as a service,” Cuban told Politico in an email interview .

Mark Cuban Says Harris Can Show Everyone She Is In Charge 

Harris’s team has reportedly been reaching out to crypto executives to seek input on crypto policy. She only has four weeks left until the Democratic National Convention to present her agenda. This also gives her the opportunity to demonstrate that she is open to tech innovation.

“Changing the policies changes the message and lets everyone know she is in charge and open, literally, for business,” Cuban said in the Politico interview.

David Bailey, CEO of Bitcoin Magazine and an organizer of the Bitcoin 2024 in Nashville later this week, also shared that he is in talks with Harris’s team to speak at one of the biggest crypto conference in the world.

“Would be very savvy of her to reset the democrat positioning on the fastest growing voter block in the country,” he wrote in a July 23 post. Her team is close to “making up their minds,” Bailey said.

Harris’s Odds On Polymarket Jump While Donald Trump Loses Some Of His Lead

Harris is the de facto Democratic nominee to succeed Joe Biden as president after he announced his withdrawal from the race.

In the 48 hours after Biden withdrew, Harris’s campaign raised over $100 million. The donations came from 1.1 million unique supporters and included 62% of first-time donors, according to Harris’s team.

Traders on the decentralized betting platform Polymarket have grown more confident in Harris’s odds of winning this election. “Yes” shares relating to her becoming the next president jumped 4% to 36 cents, indicating a 36% chance that she will win. 

During the same period, shares in favor of a Donald Trump victory dropped 3%. Despite this, the former President is still the favorite on Polymarket with 61% odds.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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