What does Kamala Harris consider crypto? – Cyber Tech

It appears bizarre to debate a US presidential election primarily based on attitudes in the direction of cryptocurrencies however, as beforehand blogged, Donald Trump could be very pro-crypto. His perspective turned with NFTs of his picture. Nothing like narcissism.

Again then, I used to be running a blog about Donald Trump vs Joe Biden, and Biden trying like a loser. Now, now we have Donald Trump vs Kamala Harris and, after this week’s presidential debate, it appears like Harris is rising and Trump falling. In spite of everything, whenever you resort to discussions of immigrants consuming the native canine and cats, one thing is improper.

Nonetheless, as the controversy went on, it made me marvel concerning the democrats view of crypto. In spite of everything, America’s assist or assault on the usage of cryptocurrency exchanges can have a huge impact on the world view of cryptocurrencies.

I not too long ago postulated that the Presidency might hinge on crypto. In spite of everything, round one in 5 American adults maintain some type of cryptocurrency in response to Pew Analysis, though they aren’t satisfied such investments are secure.

However is that this the place a core battleground will type? Unsure.

So, what does Kamala Harris take into consideration crypto?

We’re not certain. Harris hasn’t spoken in any respect about cryptocurrency, blockchain know-how or non-fungible tokens (NFTs) publicly, and the few oblique messages she’s sending don’t paint a transparent image both.

One one who may know is Mark Cuban. Mark Cuban is an American businessman, investor and tv presenter. He is among the foremost “sharks” on the tv sequence Shark Tank, a robust influencer of public opinion and an advocate of cryptocurrency. Cuban states that Trump is enjoying the cryptocard to win the subsequent election.

Speaking with Politico, Cuban says that Kamala Harris “can be much more open to enterprise, [artificial intelligence], crypto and authorities as a service. Altering the insurance policies adjustments the message and lets everybody know she is in cost and open, actually, for enterprise.”

Another view nevertheless comes from David Bailey, CEO of the Bitcoin Convention, who tweeted, “I’m sorry, however [a] main democrat donor advised me Kamala says privately ‘Bitcoin is cash for criminals’”.

The factor that I didn’t know is that Kamala Harris has a deep background within the tech trade. Earlier than turning into a senator in 2017, she was California’s Legal professional Common, the place she targeted on regulating the tech trade. Throughout this time, she constructed sturdy connections in Silicon Valley, making mates with influential individuals like Laurene Powell Jobs and having household ties to Uber’s Chief Authorized Officer, Tony West.

Former Meta government Sheryl Sandberg on Monday known as her “the strongest candidate to guide our nation ahead”. Netflix government chairman Reed Hastings in an X put up congratulated Harris and mentioned that “now it’s time to win”.

In different phrases, we don’t know. Trump is overtly selling cryptocurrency as the longer term; Harris is sitting on the fence however, quietly, seems to be supporting tech innovation together with cryptocurrency innovation.

Each side subsequently give an fascinating perception into the way forward for crypto investments and rules.

From the democrat perspective, evidently tighter regulation is required on this space, and they aren’t comfy with digital property of this manner. This is the reason The Digital Chamber despatched a letter to Kamala’s workplace stating:

“There’s a public notion that the social gathering holds a damaging viewpoint of digital property, largely because of the Biden/Harris Administration’s notably cautious and at instances hostile method to those transformative applied sciences. Your … candidacy for President represents a chance to vary that notion.”

I suppose my conclusion sits with the view expressed by The Defiant which states:

Trump’s marketing campaign is already accepting Bitcoin and different cryptocurrencies for donations, gaining growing assist from trade leaders like Cathie Wooden, and Elon Musk … Trump’s supportive public statements have set a excessive bar on what the crypto trade can now anticipate from a presidential candidate. All eyes are on Harris now to see if she will meet these expectations.