Most US Voters Prefer Pro-Crypto Candidates, Says Grayscale Executive

By YGG News • October 18, 2024

Most US Voters Prefer Pro-Crypto Candidates, Says Grayscale Executive

A recent poll shows that more than half of U.S. voters are more inclined to support a candidate who favors cryptocurrency, according to Grayscale’s Chief Legal Officer, Craig Salm. In partnership with The Harris Poll, Grayscale surveyed U.S. voters on their stance toward cryptocurrency in the 2024 presidential election. Craig Salm revealed the results during a recent SiriusXM Business Radio interview, showing that two out of five Americans are paying closer attention to candidates’ positions on Bitcoin and other digital assets compared to previous elections.

Imagr source: Getty Images

Crypto a Key Issue in 2024 Presidential Race

With cryptocurrency becoming a significant issue for many voters, the upcoming election pits two prominent figures with differing views on the industry: former President Donald Trump and Vice President Kamala Harris. Trump has positioned himself as a crypto advocate, promising to make the U.S. the “crypto capital of the world.” On the other hand, while Harris has been quieter on the subject, she has shown more openness to blockchain technology in recent months.

The poll also highlighted that inflation remains a top concern for 30% of Americans. Many see assets like Bitcoin and Ethereum as potential hedges against inflation, which may explain why crypto-related policies are gaining traction among voters. Salm noted that the rising interest in digital currencies reflects the desire for alternative financial solutions amid economic challenges.

Cryptocurrency’s Nonpartisan Appeal

The survey further revealed that support for cryptocurrency transcends party lines. While crypto has been viewed as bipartisan, Salm suggested that the digital asset space is better described as nonpartisan, with supporters on both sides of the political spectrum.

As the world’s largest cryptocurrency fund manager, Grayscale oversees over $20 billion in assets. With the growing importance of crypto in the political arena, Grayscale’s influence and insights continue to shape discussions about the future of digital assets in the U.S.

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