Cryptocurrencies Could Tip 2024 US Election: Biden vs Trump
The 2024 US presidential election is heating up, with cryptocurrencies emerging as a significant factor. While current President Joe Biden faces opposition from within his own administration over his stance on cryptocurrencies, former President Donald Trump could benefit from the crypto community's discontent. Biden's SEC commissioner, Gary Gensler, is known for his anti-crypto stance, which has upset many crypto holders. This could influence the 2024 election results, as 15-20% of eligible American voters own cryptocurrencies. Mark Cuban, a prominent crypto enthusiast, has warned that crypto holders will play a role in the 2024 US election results. Meanwhile, Trump, despite not being known for his crypto sympathy, could gain support from the crypto community due to Biden's stance. If re-elected in November 2024, Trump is expected to push for pro-crypto policies starting in 2025. His former appointee, Hester 'Crypto Mom' Peirce, is considered exceptionally crypto-friendly, which could sway voters. Additionally, David Sacks, the White House crypto and AI czar, has significant influence in advancing crypto initiatives within the administration. Senator Elizabeth Warren's promise to build an 'anti-crypto army' could also drive undecided voters towards Trump. Ongoing court cases challenging fundamental regulatory assumptions in the crypto scene further add complexity to the issue. Cryptocurrencies could be the tipping point in the 2024 US presidential election results. With a significant portion of voters holding cryptocurrencies and influential figures like Trump and Warren taking strong stances, the crypto issue will likely play a crucial role in shaping the 2024 election results.
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