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Kamala Harris beats Trump in all polls – except the crypto industry’s

Cryptopolitan2024/07/24 19:46
By:By Jai Hamid

Share link:In this post: Kamala Harris leads Donald Trump in national polls for the election, but Trump is favored in the crypto community. Kamala hasn’t made her views on cryptocurrency clear, though her team has shown interest in engaging with the crypto industry. Trump is openly pro-crypto, accepting donations in various cryptocurrencies and getting huge support from top people in the industry.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any invest

Kamala Harris is edging out Donald Trump in most national polls as they gear up for the 2024 presidential election. The NPR/PBS/Marist College poll has Trump at 46%, with Kamala trailing by just 1%.

Meanwhile, the Reuters/Ipsos poll shows Kamala leading with 44% to Trump’s 42%. But there’s a twist when it comes to the crypto community. 

On Polymarket, a platform that uses cryptocurrency for predictions, Trump is ahead with a 63% chance of winning, compared to Kamala’s 32%. 

The Democratic candidate hasn’t been very vocal about her opinion on cryptocurrencies. There’s speculation she might be more open to crypto than her predecessor, Joe Biden. 

This is partly because Kamala’s advisors have reached out to people like Mark Cuban, a billionaire and crypto advocate. 

Cuban has said that Kamala would be “much more open” to cryptocurrencies and artificial intelligence than Biden.

There’s been chatter about Kamala’s team connecting with the crypto industry too, which has some folks thinking she might be open to changing the Democratic Party’s views on cryptocurrency. 

But Kamala said today that she won’t attend the Bitcoin 2024 conference in Nashville, missing an important chance to connect directly with the crypto community and clarify her position.

Donald Trump, on the other hand, is not shy about his crypto support. He’s dubbed himself a “Crypto President” and has been taking campaign donations in various cryptocurrencies, like Bitcoin, Ether, Dogecoin, and Solana. 

Trump is scheduled to speak at Bitcoin 2024, where he’s expected to outline more of his crypto policies.

Big names in the crypto industry, such as Cathie Wood, Michael Saylor, the Winklevoss twins, and Edward Snowden, have endorsed Trump and donated millions to his campaign.

Historically, Democrats haven’t been big on crypto, but things are changing a little.

Recently, the Democratic Party has shown signs of support by backing the repeal of SEC rule SAB 121 and advancing the bipartisan crypto infrastructure bill, known as the Financial and Technology Innovation for the 21st Century Act (FIT 21). 

Even notorious Democrats like Nancy Pelosi and Adam Schiff, who have huge influence in California, voted in favor of the bill. The crypto community often sees itself as nonpartisan, and there’s been a noticeable uptick in bipartisan support for crypto legislation in Congress.

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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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