Author: Weilin, PANews
On September 25 local time, US Vice President Harris delivered a speech at the Pittsburgh Economic Club, declaring that the United States will “recommit” to global leadership in the technology sectors that will define the century next, “by maintaining their dominance in artificial intelligence, quantum computing”. computing, blockchain and other emerging technologies. Additionally, it reiterated “digital assets” in its 80-page economic plan published on its official website.
Three days earlier, Harris broke her usual silence at a fundraising event on Wall Street in New York, saying she would “encourage innovative technologies like artificial intelligence and digital assets while protecting consumers and investors.
The crypto community had mixed reactions to Harris’ first mention of “digital assets,” with some feeling his position lacked specific details. Nonetheless, at the fundraising event in New York, Harris raised $27 million, breaking her personal record for fundraising for presidential campaigns. However, polls show that his support among cryptocurrency holders is still significantly lower than that of Trump.
Breaking the Silence: Harris’ 80-page Economic Policy Reiterates ‘Digital Assets’
After his speech at the Pittsburgh Economic Club on September 25, Harris’ team published the economic plan on its official website. On page 56 of this 80-page plan, she mentions “digital assets” again, placing them alongside artificial intelligence – this statement matches her remarks at the fundraiser in New York this weekend (local time September 22).
Harris and Walz’s economic plan is called “A New Path Forward for the Middle Class: A Plan to Cut Costs and Create an Opportunity Economy.” In the middle part of that plan, the Democratic duo outlined how they would “strengthen America’s competitive advantage in areas critical to economic and national security.”
The two men proposed an “America Forward strategy,” aimed at ushering in a new era of American industrial development by promoting the growth of manufacturing and the application of new technologies. This strategy focuses not only on “clean iron and steel” but also on “emerging technologies,” which they say are crucial to maintaining America’s global technological competitiveness.
“The strategy includes investments in emerging technologies and the modernization of traditional industries. It will also encourage the development of innovative technologies such as artificial intelligence and digital assets while protecting our consumers and investors,” the plan states.
Before last weekend, Harris had remained silent on cryptocurrencies during her campaign. On September 22, she addressed digital assets for the first time at a fundraising event in Manhattan, saying: “We will encourage the development of innovative technologies such as artificial intelligence and digital assets while protecting consumers and investors. , transparent rules.”
Looking at the recent “crypto actions” of Harris’ opponent, former President Trump, he has publicly announced his support for cryptocurrencies and Bitcoin. In July, he attended the Bitcoin conference, proposed a US strategic reserve plan for Bitcoin, and subsequently launched a third round of NFTs. Additionally, he was seen at a Bitcoin bar buying burgers and promoting his son’s DeFi project, World Liberty Financial. This series of actions has further deepened its influence within the crypto community.
For some members of the crypto community, the contrast is quite obvious. The crypto community has given varied comments on Harris’ position. “The reality is we haven’t heard any details about how (Harris) would provide specific support,” said Tim Kravchunovsky, CEO of decentralized telecommunications network Chirp. He pointed out that Trump has clearly outlined his crypto policies, such as creating a strategic Bitcoin reserve, although some analysts believe this idea may be too late. “I hope to hear more specific policy information from the Harris campaign team,” Kravchunovsky added.
Neil Hartner, senior software engineer in Ripple’s payments department, shares a similar view, believing that the description of digital assets in the Harris-Walz economic plan is “too vague.”
On the other hand, some cryptocurrency advocates believe that Harris’ position on emerging technologies has progressed. Analyst Adam Cochran said that while opponents are unhappy with Harris’ silence and “vague attitude,” the current situation still represents a form of progress.
Poll Results Show Crypto Voters Prefer Trump
According to a national poll conducted by Fairleigh Dickinson University from August 17-20, overall, 50% of voters support Harris, while 43% support Trump. However, among likely voters who own cryptocurrencies, Trump leads by 12 percentage points (50% to 38%), while among voters who say they do not own cryptocurrencies, Harris leads by 12 percentage points (53% to 41%).
In this survey, 15% of respondents indicated that they own or have owned cryptocurrencies, NFTs, or similar digital products. 80% of voters said they had never owned such assets and 4% said they knew nothing about them. Among cryptocurrency holders, the proportion of men is significantly higher than that of women (22% to 9%), and these men tend to be younger voters from racial minority groups.
It remains to be seen whether Harris and Walz will detail their policies regarding blockchain, digital assets and particularly cryptocurrencies in upcoming campaign activities. With the election less than two months away, most crypto voters are hoping to hear clear, focused positions.
According to Harris’ campaign team, last Sunday’s fundraising event in New York raised $27 million for Harris, setting her highest fundraising record since she became Democratic presidential candidate. In terms of fundraising, Trump is significantly behind Harris. According to the invitation, he has recently scheduled several high-profile fundraising events, including two in Texas on October 2 and one at Mar-a-Lago in Palm Beach, Florida on October 16.
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