Democrats have launched the “Crypto for Harris” campaign in a strategic move to counter Donald Trump’s growing popularity in the cryptocurrency industry, Fox Business reported. Eleanor Terrett informed of Today. The initiative, led by a pro-Kamala Harris advocacy group, aims to garner support from crypto voters for Vice President Harris as she runs for president.
Bus: 🇺🇸 Democrats Launch "Crypto for Harris" The campaign to counter Donald Trump — FOX Business 👀 pic.twitter.com/2K9O5bP0Xg
— Bitcoin Magazine (@BitcoinMagazine) August 7, 2024
Next week, “Crypto for Harris” will host a virtual town hall featuring prominent crypto advocates like Mark Cuban and Anthony Scaramucci, as well as several Democratic House members. The event aims to discuss support strategies for the Harris campaign and fundraising efforts. Members of Kamala Harris’ campaign are also expected to attend the upcoming meeting, Fox Business said.
As the presidential race between Harris and Trump tightens, Trump has made significant inroads into the bitcoin and crypto space. He recently keynoted the Bitcoin 2024 conference in Nashville, raising hundreds of millions of dollars and promising to create a strategic bitcoin reserve if he is elected president in November. Trump has also recently offered another proposal. Idea There are discussions going on about using this Bitcoin to repay the country’s $35 trillion debt.
There are an estimated 50 million bitcoin and cryptocurrency holders and users in the United States, and now both Democrats and Republicans are going to do their best to appeal for their vote. Earlier this year in May, Donald Trump said that he would vote for bitcoin and cryptocurrency. Said “I will make sure that crypto and Bitcoin “It will be made in the United States of America… I will support the right of the country’s 50 million crypto holders to self-preservation.”
“We’re not handing this issue over to Trump,” Democratic US Congressman Willie Nickel told Fox Business. “We want to encourage innovation and protect consumers, but allowing crypto to become a political football will set the US further back.”
Countering Trump’s influence, Harris has added two crypto advisers to her campaign, FOX Business has learned: David Plouffe, who served on Binance’s advisory board, and Gene Sperling, a former Ripple board member.
Kamala Harris’ campaign staff did not return FOX Business’ calls for comment by the time of publication.
