- Kamala Harris affirmed her crypto stance and pledged to U.S. dominance in blockchain and emerging technologies.
- Polls showed that Harris led Trump by 50%, with 39 days left until the election.
As a seasoned crypto investor with a keen eye for political trends, I find myself intrigued by the recent developments in the U.S. presidential race. Kamala Harris’s pledge to prioritize blockchain and emerging technologies, if elected, could potentially pave the way for a more crypto-friendly America.
With the U.S. presidential election approaching, both presidential hopefuls – Donald Trump and Kamala Harris – are carefully positioning their strategies to appeal to supporters within the cryptocurrency community.
Throughout the election cycle, Trump has consistently shown support for cryptocurrencies. More recently, Harris has stepped up her outreach to voters who are interested in this area.
Harris’ crypto stride
On the 25th of September, I had the privilege of attending a speech by Harris at The Economic Club of Pittsburgh. In this insightful talk, she passionately voiced her endorsement for blockchain, artificial intelligence, and emerging technologies – sectors that I, as a crypto investor, closely follow. She emphasized her dedication to keeping the U.S. at the forefront in these critical areas, which resonates deeply with my own investment strategies.
She said,
Our focus is on advancing in biotechnology production and aeronautics, maintaining our superiority in artificial intelligence and quantum computing, as well as blockchain and other cutting-edge technologies. Moreover, we aim to further widen our advantage in the field of clean energy technology development and manufacturing.
Harris further added,
In the future, innovative advancements – spanning superior batteries, geothermal energy, and cutting-edge nuclear technology – won’t merely be conceived, but physically constructed right here in the United States by our very own workforce.
Not the first time!
Speaking from my perspective as an analyst, I’d like to highlight that I was particularly interested when Harris, during a fundraising event in New York on the 22nd of September, publicly announced her administration’s intent to support Artificial Intelligence (AI) and digital assets, should she be elected president.
This marked the first significant mention of crypto in her campaign, signaling a shift in her approach as she recognized the growing importance of digital currencies.
Even though she made her endorsement towards integrating new technologies such as blockchain into her political platform later during the election period, her statements unequivocally demonstrated this intent.
Harris gains support from crypto enthusiasts
Even though Kamala Harris joined the discussion about cryptocurrency relatively late in this election season, several influential figures within the industry had previously shown their backing for her.
Significantly, Anthony Scaramucci, the creator of SkyBridge Capital, disclosed that he and a number of cryptocurrency supporters are working together with Harris in formulating her political standpoint regarding digital currencies.
He added,
“I believe that we are making progress, and I think it’s going in the right direction.”
Furthermore, on the 19th of September, analyst Matthew Sigel from VanEck posited that Bitcoin could potentially benefit more under a Kamala Harris presidency as opposed to a Donald Trump one.
In our opinion, a Kamala Harris presidency could potentially foster Bitcoin growth more effectively than another term for Trump. This is due to the belief that her administration may expedite several underlying factors that fuel Bitcoin’s initial acceptance.
Polymarket trend
According to the latest data from Polymarket, it looks like Kamala Harris has taken a small advantage in the polls, currently leading with 50%. Donald Trump is not far behind, sitting at 49%.
Initially, Trump was in the lead, but after the first presidential debate, the situation began to change.
With only 39 days left until the election, the contest is growing more challenging to predict.
Therefore, with both contenders battling it out for the presidency, it’s going to be thrilling to discover who ends up becoming the U.S. president in 2025.
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2024-09-26 13:12