Highlights
Anthony Scaramucci, a pro-Bitcoin entrepreneur, reiterated his prediction that Donald Trump will eventually drop out of the 2024 presidential race against VP Kamala Harris. Scaramucci’s remarks, while controversial, have sparked significant debate within political circles. Moreover, he revealed specific reasons why Trump would soon back out of the U.S. 2024 elections.
Scaramucci’s claims revolve around his belief that Donald Trump harbors deep resentment toward the Republican Party. Also, Trump is unlikely to risk another electoral loss, especially to Vice President Kamala Harris. In one of his X posts, Scaramucci wrote, “Trump hates the GOP. He will not risk another loss, especially to VP Harris. Expect him to lay waste to Republican Party when he drops out.”
The former Trump ally turned critic also suggested that the GOP should prepare for a scenario in which Trump’s exit from the race could cause significant disruption. “The GOP should plan for this and somehow have a faster than the speed of light process of coming up with a viable candidate,” he warned.
Scaramucci’s prediction is partly based on recent polling trends and Trump’s ongoing legal challenges. He noted that if Trump’s poll numbers were to decline further, particularly by five more points, his departure from the race would become more likely.
Moreover, he revealed that cabinet members who worked with Donald Trump are also expecting him to drop out. “Weird stuff has happened this cycle, and more than one cabinet member that worked for this man has suggested that theory to me,” Scaramucci responded to a user who doubted his prediction.
In addition, Kamala Harris has emerged as a formidable contender in the 2024 race. Prediction markets on Polymarket currently offer Harris a 52% chance of winning. Whilst, Trump’s odds have dropped to 46%, down from a high of 72% when President Joe Biden was considered the Democratic frontrunner.
Polls indicate that Harris is leading in several crucial swing states, including Nevada, Wisconsin, Michigan, and Pennsylvania, where Trump previously held an advantage. Moreover, Trump’s claims of leading in “real” polls attracted further backlash.
Furthermore, Scaramucci also linked Trump’s potential withdrawal to his legal troubles. He asserted that Trump might drop out if he faces the real possibility of jail time. “If he really thinks he’s going to jail, he’ll cut a deal,” Scaramucci explained, emphasizing that Trump’s legal strategies could significantly influence his political decisions.
He drew conclusions from a recent statement by Andrew McCarthy, a former assistant U.S. attorney. McCarthy predicted that Donald Trump could face prison time in September related to the hush money case. He argued that Judge Juan Merchan, who is overseeing the case, might use the sentencing to brand Trump as a convicted felon before the 2024 election. This could potentially boost Kamala Harris’ presidential bid.
Trump’s legal team has been working to delay the sentencing. The prision sentence concerns stem from a June conviction on 34 charges of falsifying business records. Despite these efforts, Judge Merchan has rejected Trump’s plea to postpone the sentencing until after the November presidential election. This looming legal threat has fueled speculation that Trump might look for a way out of the race to avoid a highly publicized downfall.
The cryptocurrency community, which has been a significant political force in recent years, is also split over Donald Trump and Kamala Harris. Trump previously gained substantial support after announcing a Bitcoin strategic reserve plan and promising to fire SEC Chair Gary Gensler. However, his backing from crypto voters now seems in jeopardy.
Fairshake PAC, a leading pro-crypto political group, has recently funneled millions of dollars into supporting Democratic Senate candidates in key battleground states. The crypto super PAC has distanced itself from Trump-endorsed Republicans.
While several crypto leaders believe that the Crypto For Harris town hall failed, others offered a differing opinion. Tyler Winklevoss, co-founder of Gemini, suggested that 50 million crypto voters would not support Harris unless she takes action against Gensler. However, pro-XRP lawyer Bill Morgan argued that many in the crypto community would still back Harris despite her administration’s stance on digital assets.
Morgan stated, “In any event, not everyone who holds crypto is a one issue voter or primarily will decide their vote because of the crypto issue.” When a user dismissed the hype around Trump’s pro-crypto stance, Morgan agreed. The lawyer noted, “I agree, especially as I am not a one issue voter and, if I was, crypto would not be one of the main issues for me.”
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