Earlier today, it was said that Democratic presidential candidate Harris would speak at the Bitcoin 2024 conference. However, David Bailey later stated that the campaign team decided against it. We shared all these developments instantly as breaking news. Now, another detail has emerged.
What Does Kamala Harris Think About Bitcoin?
After Biden withdrew from the candidacy due to old age and other reasons, Harris became the Democratic candidate. Harris’s stance on crypto was not fully known. However, David Bailey recently shared that he heard from a primary source that she hates Bitcoin.
“Sorry, but you can’t wreck our industry for four years, push the operation to the brink, choose Gensler and Warren as your champions, and then act like you’re good with Bitcoin. A major Democratic donor told me that Kamala privately said, ‘Bitcoin is criminals’ money.’”
Even if the ETH ETF approval comes, Democrats have been spewing anger at cryptocurrencies for years. The pressure from Biden and his team to choke crypto companies made companies like Coinbase and Ripple consider alternative countries like the UAE. Now, this statement suggests that it will be difficult for Democrats to convince over 1 million crypto-supportive people in the elections.
Trump, on the other hand, is adopting the opposite stance, increasing his chances of election by adding crypto supporters to his already strong base with his statements.
