- A brand new survey has proven that fifty% of cryptocurrency holders plan to vote for Donald Trump within the upcoming US presidential election.
- Trump leads Vice President Kamala Harris by 12 factors amongst cryptocurrency holders.
- Amongst non-crypto holders, nonetheless, Harris leads Trump by 12 factors.
A latest survey by Fairleigh Dickinson College (FDU) revealed that cryptocurrency holders usually tend to assist former US President Donald Trump within the upcoming 2024 presidential election.
The survey was performed amongst 801 registered voters throughout the nation. It discovered that fifty% of cryptocurrency house owners plan to vote for Trump, whereas 38% choose Vice President Kamala Harris. In distinction, non-crypto holders favored Harris by a 12-point margin, with 53% backing the vp and 41% backing Trump.
The outcomes counsel that Trump's efforts to interact with the crypto group, together with talking at a cryptocurrency convention and releasing NFTs, could have boosted his assist among the many group.
The survey additional highlighted the demographics of cryptocurrency possession, displaying that younger males and members of racial minorities are disproportionately represented amongst cryptocurrency holders.
Based on the survey, 22% of Hispanic voters and 17% of black voters stated they personal or personal cryptocurrencies or non-fungible tokens (NFTs), in comparison with 13% of white voters.
In a commentary, Dan Cassino, professor of presidency and politics at Fairleigh Dickinson, famous the potential influence of cryptocurrency house owners on the election. “Traditionally, Republicans have had a tough time reaching younger individuals and folks of colour,” Cassino stated.
He went on to touch upon the position of cryptocurrencies as a divisive difficulty that would entice voters who may in any other case lean Democratic:
“Cryptocurrency assist may be very a lot a problem that would win over voters who in any other case look extra like Democrats.”
The crypto trade specifically has been actively concerned within the election cycle, with firms like Coinbase and Ripple making important contributions to political motion committees (PACs). In truth, a latest research discovered that almost half of all company PAC contributions this 12 months got here from crypto firms, making them a significant participant within the election.
The survey additionally discovered that Republicans are barely extra seemingly than Democrats to personal cryptocurrencies, with 18% of Republicans and 11% of Democrats reporting possession. Nevertheless, the distinction in possession charges doesn’t totally clarify the 24-point swing in presidential assist between cryptocurrency house owners (Trump +12) and non-owners (Harris +12).
Basically, the survey means that cryptocurrency possession transcends conventional political boundaries. Liberals, moderates, conservatives, progressives, and MAGA voters are all equally prone to personal cryptocurrencies.
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