US voters are turning to cryptocurrencies, survey finds
According to a recent survey by Grayscale Investments and The Harris Poll. Interest among U.S. voters in cryptocurrency investment is growing.
The survey, titled “Elections 2024: The Role of Cryptocurrencies,” Find out how current financial conditions and changing attitudes toward cryptocurrencies are influencing voters’ decisions.
The results of the study, released in stages ahead of the US election in November, are as follows: Geopolitical tensions, inflation, and a weak U.S. dollar are driving more voters to vote. Bitcoin (BTC) And other cryptocurrencies. Additionally, the data The number of voters seeking to include cryptocurrencies in their investment portfolios is increasing.
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Compared to last year, More voters are likely to support candidates who understand cryptocurrency. This is echoed by a majority of voters who believe presidential candidates should be knowledgeable about innovative technologies such as artificial intelligence (AI) and cryptocurrencies.
Zach Pandl, head of research at Grayscale, said:
U.S. voters across the political spectrum show increased interest in investing in cryptocurrency assets and supporting candidates savvy in emerging technologies. Coupled with recent votes in the House and Senate, this data highlights that cryptocurrencies have become a bipartisan issue that neither side can ignore.
The survey also Voters were almost evenly split on which political party supported cryptocurrencies more. Many Democrats and Republicans believe their respective parties are friendlier to cryptocurrencies, but more than half of independent voters are unsure which party they support more.
Furthermore, the study findings highlight that: Regulatory clarity is very important to potential cryptocurrency investors. The survey found that 52% of voters would be more willing to invest in cryptocurrencies if more precise regulations were enacted. Additionally, 79% of voters agree that political leaders should create a framework that promotes financial inclusion and protects investors.
The survey report also states: younger The next generation is particularly open to exploring cryptocurrency.
The next government’s approach will be important. This is especially important for youth voting, as 62% of Gen Z and Millennial voters believe cryptocurrency and blockchain technology is the future of finance.
Therefore, as the 2024 election approaches, increased interest in cryptocurrencies among U.S. voters is likely to impact investment trends and political strategies.
In related news, Joe Biden recently vetoed a resolution to overturn the Securities and Exchange Commission’s (SEC) SAB 121, a rule that would require banks to list customers’ digital assets on their balance sheets.
With a master’s degree in Economics, Politics, and Culture in East Asia, Aaron wrote a scientific thesis analyzing the differences between Western capitalism and collective capitalism after World War II.
With nearly 10 years of experience in the fintech industry, Aaron understands all of the biggest issues and challenges cryptocurrency enthusiasts face. He is a passionate analyst with an interest in data-driven and fact-based content, as well as content targeting both Web3 native users and industry newcomers.
Aaron is our go-to guy for all things digital currency. With a huge passion for blockchain and Web3 education, Aaron is working to transform the space as we know it and make it more accessible to complete beginners.
Aaron has been quoted in several popular media outlets and is a published author himself. In his spare time, he enjoys researching market trends and looking for the next supernova.
