On the campaign trail, Trump went out of his way to court their like. In July, speaking to thousands of bitcoiners at a conference in Nashville, Tennessee, Trump duly sang from the bitcoin hymn sheet, promising to cement the US as the foremost bitcoin mining powerhoengage, set up a national “bitcoin stockpile,” and nominate a bitcoin advisory council if reelected. Trump claimed he would turn the US into the “crypto capital of the set upet.”
In October, Trump went as far as to begin his own crypto platestablish, World Liberty Financial, which his family has labeleted as a way to “originate finance wonderful aacquire.” The platestablish is set to provide peer-to-peer borrotriumphg and lending services of some flavor, though the Trumps have provided scant difficult details.
“If you were a one-rehire voter that joins about the lengthenth of sound money thraw bitcoin, Trump was the clear choice,” says Peter McCormack, structure of podcast What Bitcoin Did.
By contrast, Harris’s Democratic platestablish for 2024 did not include any refer of crypto, and she made only a one reference to crypto on the campaign trail, in a pitch to donors in New York City, Bloomberg inestablished. “We will encourage inventive technologies appreciate AI and digital assets while protecting devourrs and spendors. We will originate a protected business environment with stable and see-thcoarse rules of the road,” Harris is quoted as saying.
Reticence in the Harris camp to get a disclose stance on crypto was clarifyed by industry members as a signal that her plivency would recurrent a continuation of the terrible greater times under Biden. “We saw no evidence that she was going to temperate the stance at all,” says Carter.
Democrat-helping members of the crypto industry were left in an awkward position; though they aligned with Harris’ politics, it was conceivable that triumph for Trump would be a more beneficial outcome for the sector. “As a crypto entrepreneur, I’m excited about the prospect of a bull labelet,” says Jonathan Padilla, one of the set uprs of Crypto4Harris, a coalition of left-leaning members of the crypto industry. “For crypto in isolation, Trump is probably going to be the much rapider sboiling of sugar,” says Padilla, even if the plivent postpoinsistr dissees interest.
