NewsletterKamala Harris Shuns Bitcoin In Newly Released Party Platform
Highlights
- The DNC purportedly has no plans for cryptocurrencies per the latest Platform release
- This Democrats and Republicans view digital assets differently
- There remains a major need to gain crypto votes, but how will VP Harris do it?
From all indication, the Kamala Harris camp may not have a place of cryptocurrencies like Bitcoin (BTC) if they retain the Presidency. The Democratic National Committee (DNC) has released its party ideals in preparation for the 2024 presidential election. It turned out that blockchain technology, Bitcoin or any related subject did not make the list.
Kamala Harris Ignores Crypto Sector
This latest development suggests that the Vice President have no plans to impress the crypto community anymore. The convention brochure itemized agriculture, healthcare, good jobs, housing, education and some other topics as its focus. Markedly, the failure to include the subject of crypto in the 91-page document has sparked several reaction from Americans.
MetaLawMan on X showed a brief comparison between Republican’s platform and the newly released Democrats platform. The comparison shows that Republicans are keen on ending the crackdown of crypto by the other party. They also plan to stop the development of a Central Bank Digital Currency (CBDC) in the region.
Fox Business reporter Eleanor Terrett shared a screenshot of a page in the platform of the Republican National Committee GOP. The said page is dedicated to championing innovation including cryptocurrencies, space travel and Artificial Intelligence (AI).
On the flip side, the VP is concerned with other issues like her patent takeover plan which earned her a backlash from Elon Musk.
Is a Subtle Bigger Fight Ahead?
At this rate, Kamala Harris may have to put in more effort to win the hearts of Americans especially the crypto enthusiasts. In the last few weeks, her winning odds topped the chart, leaving her Republican opponent Donald Trump a few percent behind. Once she began to grant interviews where she gave the slightest hint of her Bitcoin and anti-crypto stance, the odds went against her.
Two days ago, Polymarket data shifted slightly in favor of Trump to win the coming election over Kamala Harris. Precisely, her chances dropped by 2% while her opponent’s saw a rise of 3%. This sentiment came after her failed crypto reset town hall meeting speech. Since that time till now, Trump’s odd has risen significantly.
In a poll conducted by Rasmussen Reports from August 8 to August 14, it looks like the DNC Candidate might need come up with a stronger strategy to win her Republican opponent. Trump beat Harris by 4% as the poll showed 49% of likely voters favoring Trump compared to 45% for Harris.
Read More: Donald Trump and Kamala Harris Tie Up In Run For Presidency
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