Trump's Support for Crypto Could Potentially Make Him Win the 2024 US Election!
2024-07-10Bittime - Donald Trump recently expressed support for cryptocurrencies. A survey sponsored by crypto investment firm Paradigm suggested that Trump's support for cryptocurrencies could likely help him win more votes.
The Effect of Trump's Support on Cryptocurrencies
A survey conducted by Echelon Insights in mid-June involved more than 1,000 voters. The results showed that 13% of those who had not initially planned to vote for Trump changed their views to be more positive after hearing his support for cryptocurrencies. This suggests that Trump's support for crypto could be a deciding factor in winning the 2024 US election.
Potential Impact on Elections
Although the survey was conducted before the televised debate between Trump and President Joe Biden, the results suggest that Trump has a great chance of winning more support from voters through his positive attitude towards cryptocurrencies.
Nearly one in four voters surveyed have engaged in crypto ownership (28%), with such engagement predominant among younger, male, and non-white demographics.
Attitudes Toward Cryptocurrencies Among Voters
The survey also showed that sentiment towards cryptocurrencies among Republican voters was slightly more positive, with 36% having a positive view compared to 30% who had a negative view.
A Harris Poll survey released in May showed that less than one in three (31%) voters in a number of states had a positive view of cryptocurrencies.
Another Harris Poll survey collecting responses from a broader range of US voters the same month showed that a third of voters said they would consider a candidate's position on crypto when making a decision to support them.
This suggests that cryptocurrencies may emerge as one of the deciding factors for voters, even if their sentiments are not completely in favor of the industry.
How to Buy Crypto with Bittime
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To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
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