Harris campaign weighs a reset on Democrat crypto positioning as the 'fastest growing' voter block.
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Key Takeaways
- Mark Cuban views Kamala Harris as more open to crypto and tech than Biden.
- Harris's team consults crypto executives ahead of the Democratic National Convention.
Bitcoin Magazine CEO David Bailey revealed talks are underway with Kamala Harris’ campaign about potentially speaking at the Bitcoin Conference, signaling a possible shift in Democratic party positioning on cryptocurrency policy.
We’re in talks with Kamala Harris campaign for her to speak at the conference. Would be very savvy of her to reset the democrat positioning on the fastest growing voter block in the country. They’re making up their minds today.
— David Bailey🇵🇷 $0.65mm/btc is the floor (@DavidFBailey) July 23, 2024
Bailey framed the potential appearance as an opportunity for Harris to “reset the democrat positioning on the fastest growing voter block in the country.” The campaign is reportedly making a decision on participation today.
This development comes as Harris seeks to differentiate herself from President Biden on technology and innovation issues. Billionaire investor Mark Cuban told Politico that Harris “will be far more open to business, [artificial intelligence], crypto and government as a service” compared to Biden.
Aside from Cuban’s confirmation, Harris’ team has reportedly been reaching out to other crypto executives for policy input ahead of the Democratic National Convention. Tech leaders see an opening for Harris to rally support from Silicon Valley by taking a more pro-innovation stance. Box CEO Aaron Levie suggested Harris could quickly gain backing from “a dozen-plus tech CEOs” with a credible pro-tech policy framework.
The potential Bitcoin Conference appearance and outreach to crypto leaders indicates Harris may be positioning herself as more receptive to the cryptocurrency and blockchain industry than the current administration.
With $100 million raised in 48 hours after Biden’s endorsement, a pro-innovation platform could further boost Harris’ fundraising and support from the crypto industry and the tech sector at large.