A survey conducted by The Digital Chamber to understand Americans’ views on crypto policies and their impacts on voting has come up with a major reveal – the present crypto voting bloc of the United States amounts to 26 million, which includes both Democrats and Republicans alike.
The voting bloc consists of people who consider the matters involving crypto to be “extremely” or “very” important in deciding who to vote for or those states that a candidate with a pro-crypto policy is “more likely” to earn their votes.
Based on these metrics, the percentage of voters who satisfy both these criteria seems high and extremely significant, especially considering the nature of US elections where the winning margin often ends up narrow.
Out of the 1004 voters who participated in the survey, more than 160 individuals have declared that the presidential candidates’ stance on crypto is a major deciding factor in whom would they lean toward. Considering everything, this 16% polled in favor of a pro-crypto stance as the survey indicates is not a number that can be ignored as negligible.
The survey also suggests that while more than 20% of White voters think that a candidate’s position on the future of the crypto industry is important and will matter in their choice of President, the number is up to 40% when it comes to Black voters. With either candidate’s supporters thinking that their candidate has a better stance supporting crypto, the competition is not getting any easier.
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Although the majority of respondents stated the crypto stance has no impact on their voting decisions, one in seven is not a ratio a presidential candidate wants to gamble with. A very interesting fact the survey has revealed is the ratio of Republicans and Democrats who feel like crypto should be a matter of priority in the elections. While the former group votes more than one out of four, with Democrats, it is one out of three.
Both parties expect their government to give at least a medium-level priority to the industry, considering its potential impact on the global economy. It gets even more interesting as Trump’s followers think that he is the biggest supporter of crypto and digital assets with his latest statements and declarations during the election campaign while Harris’ supporters feel the same about her policies, hence the ‘Crypto4Harris’ Campaign.
With each of them following a different strategy toward the matter by making declarations every day or practicing silence with occasional statements, crypto supporters are forming an idea as to who would be the friendlier choice concerning the well-being of the industry. No matter who gets elected, this debate will not end until the end of their term, dissecting and criticizing every single policy that could have an impact on the crypto world.
Also Read: Kamala Harris: The Worst Choice For Bitcoin And Cryptocurrency Adoption
Conclusion
The survey conducted by this prominent crypto advocacy group has reached a conclusion that unlike the role of crypto in the past elections, it has a significant and deciding part to play in the current one. US citizens feel that the government should prioritize forming policies that could reduce scams and fraud while at the same time promoting growth and consumer freedom.
The reason behind the majority marked their polls taking a neutral stance regarding the importance of matters relating to the crypto industry in their voting decisions is mostly unfamiliarity. Those who are familiar with the industry do not just show a positive sentiment toward the matter but also have better trust in the government.