Kamala Harris Will Not Address Bitcoin Conference 2024

Bittime - Kamala Harris, the Democratic presidential candidate, will not attend the Bitcoin Conference 2024 taking place in Nashville. David Bailey, CEO of BTC Inc. and conference organizers, confirmed that Harris would not speak at the event. This confirmation comes amid debate about the Democratic Party's position on Bitcoin and blockchain technology.

Discussion of Harris' Involvement

David Bailey stated that his team had been in talks with the Harris campaign regarding her possible appearance. However, the final decision indicated that Harris would not participate, which Bailey stated was "not surprising." This absence may be due to tensions between the current administration and the crypto industry regarding regulation.

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The Ross Ulbricht Imprisonment Controversy

One factor that may have influenced this decision is the issue of the imprisonment of Ross Ulbricht, the founder of Silk Road, who is currently serving a life sentence. Bailey argued that Harris may face difficulty talking to the crypto community when there is dissatisfaction regarding policies towards crypto developers and attacks on Proof of Work (PoW) mechanisms.

Request for Ulbricht's Release

Bailey also stressed that Ulbricht's release should be one of the conditions for politicians who want to speak to the Bitcoin community. According to Bailey, "It feels like Kamala should release Ross Ulbricht before discussing matters with the Bitcoin community. That's a basic requirement." Even though Harris as Vice President cannot release Ulbricht directly, this statement confirms the demands of the crypto community.

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Other Candidates' Commitments To Crypto

In this context, former President Donald Trump and independent candidate Robert F. Kennedy Jr. has expressed support for freeing Ulbricht if elected. Trump, while not exonerating Ulbricht during his first term, has promised to do so if re-elected. This commitment was well received by many members of the crypto community.

Focus Shifts to Other Candidates

The discussion regarding Harris' absence at the Bitcoin Conference reflects the importance of the issue of crypto regulation in today's politics. With 14% of US citizens holding Bitcoin, Harris' stance on digital assets remains a question mark, leading to speculation as to whether the next administration will continue the existing approach or take a more pro-crypto stance.

Meanwhile, other presidential candidates such as Robert F. Kennedy Jr. has been more vocal in its support of crypto with the proposed integration of Bitcoin in the US debt strategy and Bitcoin holdings worth over $1 million. The Trump campaign has also begun accepting donations in various cryptocurrencies, and there are rumors that Trump will declare Bitcoin a strategic reserve asset, although such a move would require Congressional approval.

With Harris' absence from the Bitcoin Conference, attention is now turning to other candidates who are more pro-crypto, such as Trump and Kennedy.

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