As a seasoned crypto investor with a decade of experience under my belt, I find the latest ConsenSys survey both intriguing and significant. The influence of pro-crypto voters in shaping the regulatory landscape ahead of the 2024 US presidential election is undeniably powerful, as evidenced by the staggering 92% voter turnout intent among digital asset owners.
A study carried out by blockchain tech firm ConsenSys shows that pro-cryptocurrency voters will play a significant role in determining the regulatory environment for cryptocurrencies as the 2024 U.S. presidential election nears, highlighting their influence on the political landscape.
Despite continuous examination by the U.S. Securities and Exchange Commission (SEC), this survey offers valuable perspectives on voter opinions and leanings, comparing them between former President Donald Trump and Vice President Kamala Harris at present.
Crypto Owners’ Intent To Shape Election Outcomes
Based on a recent poll, it appears that an overwhelming 92% of cryptocurrency holders plan to cast their votes in the upcoming election. This demonstrates the substantial impact that digital asset voters could potentially have on future political decisions once the election results are finalized in just under two months.
Joe Lubin, the Chief Executive Officer and Founder of ConsenSys as well as a Co-Founder of Ethereum, underscored the importance of having clear regulations in the cryptocurrency industry. Contrary to popular belief, he clarified that it’s not the crypto sector as a whole that shuns regulation; rather, this notion is largely misconceived.
The survey, conducted among 1,664 registered voters across the country and supplementary participants in significant states such as Pennsylvania, Michigan, Wisconsin, and Texas, uncovered some intriguing patterns.
About 19% of American voters already possess digital assets, and among these, Bitcoin (BTC) is the preferred choice for many. Additionally, roughly a third of voters show interest in investing in cryptocurrencies over the coming year.
Significantly, the survey reveals that approximately 40% of voters might switch parties in support of candidates who promote pro-cryptocurrency policies, creating a potential advantage for both former President Trump and Vice President Harris when appealing to this new voting bloc.
On the other hand, a crucial finding from the survey reveals that an impressive 56% of participants express enthusiasm towards Donald Trump’s involvement in the digital asset industry. Moreover, it is noteworthy that 54% of respondents feel it necessary for Kamala Harris to clarify her position on this topic.
Despite Harris’ recent statements indicating her support for advancing technology sectors such as AI and digital assets if she becomes president, this has encouraged more voters to favor her plans that are similar to those proposed by a previous president.
Approximately 40% of voters believe that the U.S. government is not doing enough to foster growth in the industry. They highlighted several key areas for improvement such as strengthening consumer safeguards, offering more transparent regulatory guidelines, streamlining user interactions with web3 applications, and promoting greater transparency within the industry itself.
Both Parties Urged To Address Voter Concerns
As the 2024 election approaches, I find myself drawn to the rising demographic of cryptocurrency enthusiasts, a dynamic and committed group of voters who are passionately championing the expansion and preservation of digital assets.
As a researcher studying voting patterns, I recently observed an intriguing trend: in every state we surveyed for this election cycle, there are currently more individuals motivated by cryptocurrency to vote than the margin of victory from the last presidential election. This finding underscores the growing influence of crypto-enthusiasts within the electorate.
It implies that it’s beneficial for both sides to tackle issues important to cryptocurrency voters, given that about half of the surveyed individuals consider a candidate’s supportive view on digital assets as decisive in their voting choice.
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2024-10-04 15:42