Will Kamala Harris win? Kamala Harris Leads Trump in Latest National Poll, Beyond Crypto

Kamala Harris is narrowly edging out Donald Trump in most national polls as they prepare for the 2024 presidential election. An NPR/PBS/Marist College poll places Trump at 46%, with Kamala trailing by just 1%. In contrast, the Reuters/Ipsos poll shows Kamala leading with 44% to Trump’s 42%.

Crypto Community Dynamics

On Polymarket, a prediction platform using cryptocurrency, Trump leads with a 63% chance of winning, while Kamala stands at 33%. This divergence in the crypto community is notable given the broader polling trends.

2024 Election Forecast Source：polymarket

Harris' Crypto Stance

Kamala Harris has not been very vocal about her stance on cryptocurrencies. Speculation suggests she might be more open to crypto than her predecessor, Joe Biden, particularly since her advisors have consulted with crypto advocate Mark Cuban.

Cuban believes Kamala would be "much more open" to cryptocurrencies and artificial intelligence than Biden. Additionally, there are rumors of Kamala’s team engaging with the crypto industry, indicating potential shifts in the Democratic Party's view on cryptocurrency.

Missed Opportunity

Kamala has announced that she will not attend the Bitcoin 2024 conference in Nashville, missing a significant chance to directly engage with the crypto community and clarify her position.

Trump's Crypto Advocacy

Donald Trump, on the other hand, has embraced the crypto community, dubbing himself a “Crypto President.” He accepts campaign donations in various cryptocurrencies, including Bitcoin, Ether, Dogecoin, and Solana. Trump is scheduled to speak at Bitcoin 2024, where he is expected to outline his crypto policies.

Industry Support for Trump

Prominent figures in the crypto industry, such as Cathie Wood, Michael Saylor, the Winklevoss twins, and Edward Snowden, have endorsed Trump, donating millions to his campaign.

Shifts in Democratic Party's Crypto Position

Historically, Democrats have been less supportive of cryptocurrencies, but this stance is evolving. Recently, the Democratic Party has backed the repeal of SEC rule SAB 121 and advanced the bipartisan Financial and Technology Innovation for the 21st Century Act (FIT 21).

Influential Democrats like Nancy Pelosi and Adam Schiff have voted in favor of the bill, indicating a shift towards bipartisan support for crypto legislation in Congress.

Conclusion

As the 2024 election approaches, the contrasting positions of Kamala Harris and Donald Trump on cryptocurrencies are shaping their respective support bases. While Harris remains cautious, Trump's proactive stance and industry endorsements highlight the growing importance of cryptocurrency in political campaigns.