Cryptocurrency Views May Swing the 2024 U.S. Election, Reveals Poll
Summary:
The Digital Currency Group and The Harris Poll jointly conducted a survey, suggesting digital assets could significantly influence the 2024 U.S elections. The online poll, conducted with over 1,200 voters, revealed a favorable view of cryptocurrencies, raising its importance in the political landscape. The survey also highlighted differing attitudes towards crypto in certain swing states. The outcome of the 2024 election could affect control of the Presidency, House of Representatives, and Senate.
The results from a recent study by The Harris Poll and the Digital Currency Group (DCG) indicate that the stance on digital currencies of potential voters could play a pivotal role in the 2024 U.S general elections. In a digital poll conducted in April, with 1,201 registered voters, a considerable percentage of surveyed individuals somewhat or completely agreed that “crypto is more equitable than the traditional financial system and is suitable for people like them.” A vast majority (over 90%) of respondents from Michigan, Nevada, Ohio, Montana, Pennsylvania, and Arizona said they planned to participate in the 2024 elections, hinting that candidates' crypto positions could prove vital in these key swing states. Kristin Smith, the CEO of the Blockchain Association, made reference to the survey, stating that "Digital currencies are becoming an important issue for the forthcoming election." Furthermore, according to the survey, about 26% of respondents are examining the digital currency opinions of potential candidates while deciding their vote. This underlines the growing significance of digital currencies in the electoral conversations leading up to the 2024 elections. The poll also revealed that there were no major differences in opinion based on household income or political affiliation among voters who held positive views on crypto. But, there was noted negativity towards crypto among 77% of participants from Ohio. The 2024 Ohio Senate race could be heavily influenced by digital currency views, with Sherrod Brown, the current Chairman of the Senate banking committee (Democrat), and Bernie Moreno (Republican) as potential contenders. Even if Moreno is the preferred candidate over Brown, the Democrats may have control over the Senate and have a different candidate as chair of the committee. Public Citizen revealed on May 6 that three digital currency-focused political action committees have amassed over $100 million to back candidates from both parties in the forthcoming election. The 2024 election will determine the control over the U.S. Presidency, the House of Representatives (where Republicans hold a narrow majority), and the Senate (where Democrats have a slim majority).
Published At
5/7/2024 7:15:39 PM
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