- Based on a nationwide survey by Grayscale Investments, there’s a shift in the direction of cryptocurrencies within the US.
- 77% of voters imagine that presidential candidates ought to have enough information of AI and cryptocurrencies.
- The survey sheds mild on the candidates' numerous strategy to cryptocurrencies.
A brand new survey by Grayscale Investments sheds mild on the altering notion of the monetary system and cryptocurrencies amongst US voters, which can have an effect on the 2024 US presidential election. Grayscale's nationwide survey titled “Election 2024: The Position of Cryptocurrencies” reveals the altering public opinion on cryptocurrencies and their position within the upcoming presidential race.
The Harris Ballot, carried out on-line on behalf of Grayscale between April 30 and Could 2, polled 1,768 voters. Considerably, 77% of respondents expressed the assumption that presidential candidates ought to have a greater understanding of modern applied sciences resembling synthetic intelligence and cryptocurrencies.
The survey means that present financial circumstances within the US are driving elevated cryptocurrency acceptance, resulting in higher adoption of Bitcoin and different digital property. Virtually half of the voters are fascinated by together with cryptocurrencies of their funding portfolio. Zach Pandl, head of analysis at Grayscale, acknowledged,
“It is a well timed survey given the newest developments associated to crypto politics on the hill. It’s doubtless that American voters from throughout the political spectrum are indicating an elevated curiosity in investing in crypto-assets and supporting candidates well-versed in rising applied sciences.
The report pointed to a crucial query: “Might November be the 'bitcoin election'? The survey takes into consideration rising demand for the spot bitcoin ETF since its launch in January 2024 and bitcoin's March 2024 all-time excessive of $73,700.
The report additionally highlights the differing positions of the presidential candidates on cryptocurrencies. Former President Donald Trump, who’s in search of the Republican nomination, has reportedly begun constructing a “crypto military” and accepting cryptocurrency donations.
In distinction, President Joe Biden reiterated his skepticism about cryptocurrencies. The Biden administration has opposed the Republican invoice FIT21, which promotes crypto-friendly laws, and proposed the institution of an “anti-crypto military” in authorities.
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