Guess what? Kamala Harris is jumping on the blockchain bandwagon! In a speech at the Economic Club of Pittsburgh on Sept. 25, Harris pledged to push the U.S. to the forefront of tech innovation, including blockchain, if she's elected President.
She said, “I will recommit the nation to global leadership in the sectors that will define the next century… remain dominant in AI and quantum computing, blockchain, and other emerging technologies.” This is a big shift from the current administration's tough stance on crypto over the past few years.
Kamala's Blockchain Enthusiasm
Yep, you heard it right! At the Economic Club of Pittsburgh, Kamala Harris made it clear she wants to see the U.S. leading the charge in Blockchain, AI, and Quantum computing. She’s ready to take the tech world by storm!
Until recently, Harris hasn't said much about digital assets. But at a New York fundraising event on Sept. 22, she broke her silence, saying she wanted to “invest in America’s competitiveness,” and for the first time, she gave a nod to crypto: “We will encourage innovative technologies like AI and digital assets while protecting our consumers and investors.”
Interestingly, her extensive 80-page economic plan barely mentions digital assets, with only a brief nod to blockchain.
Venture capitalist Adam Cochran calls this “progress,” noting that Harris is keen on maintaining U.S. financial dominance and tech supremacy. But he also pointed out that she's not likely to gain much from the crypto crowd at this stage.
Skeptics are still cautious. They fear that if elected, Harris might flip-flop and follow the current administration’s anti-crypto stance, citing environmental concerns.
Crypto Voter Sentiments
The Stand With Crypto Alliance, a political action committee launched by Coinbase in 2023, ranks U.S. politicians based on their crypto stance. They say they don’t have enough info on Kamala Harris but rank Joe Biden as “somewhat against” crypto, while Donald Trump, who recently bought burgers with Bitcoin, is “strongly supportive.”
It seems crypto voters have already picked their favorites and are sticking with them, no matter what Harris says next.
In the latest national polls, Harris holds a slim lead at 48.4% over Trump’s 45.8%, according to FiveThirtyEight. The Polymarket prediction platform shows an even tighter race, with Harris at 50% and Trump at 49%. Interestingly, Trump seems to have taken the lead in the swing state of Pennsylvania.
Stay tuned, folks! This election is shaping up to be a nail-biter, and the evolving stance on crypto could play a fascinating role.
