Author: Shelly, Nian Qing, ChainCatcher
Bitcoin Magazine CEO David Bailey confirmed today that US Vice President Harris will not deliver a speech at the Bitcoin 2024 Conference. Despite Harris’s absence, this year’s Bitcoin Conference was not lacking in American politicians. The Bitcoin 2024 conference invited 10 American political guests, including Trump, 8 of whom were Republicans, only one was a Democrat, and one was an independent (former Democrat).
Of course is not surprising . On the one hand, Tennessee, where the convention is held in Nashville, is itself a traditional "red state" and a stronghold of the Republican Party. Both Tennessee senators will participate in the convention. On the other hand, compared to the conservative Democratic Party, most Republicans are optimistic about cryptocurrencies. A recent Paradigm poll showed that 28% of Republicans hold or have purchased cryptocurrencies, exceeding the national average of 60%. % of Republicans prefer Congress to clarify encryption regulations. A more intuitive data is that in May this year, the Republican Party led and promoted the passage of the FIT21 bill. The following chart more intuitively reflects the voting results and attitudes of the two parties towards digital asset regulation. Recently, the Republican National Convention also approved Trump’s new platform for the Republican Party, one of which is to support innovative encryption policies.
The voting status of the two parties on the FIT21 bill, source: Bitwise
Let’s go back and talk about the politicians participating in the Bitcoin Conference and their promotion of encryption——
- Donald Trump: 2024 US presidential election candidate, former 45th US President, Republican, self-proclaimed "Crypto President", his involvement in the encryption field can be read We have previously published "Selling Trump: The Former President's Crypto-Political and Business Friendship Circle and "Business Experience""
- Vivek Ganapathy is running for the Republican nomination in the 2024 US presidential election , a Republican, announced during his campaign that he would accept Bitcoin as campaign donations. On January 15, 2024, he announced his withdrawal from the presidential primary election. Bill Hagerty is a Republican from Tennessee.
Criticized the Democratic Party for being too centralized and restrictive in its approach to the crypto industry- . Marsha Blackburn is a Republican from Tennessee. This year’s re-election campaign announced it would accept cryptocurrency donations and appreciated Bitcoin’s freedom and privacy.
- Cynthia Lummis is a Wyoming senator and federal representative, a Republican, and a Bitcoin advocate. She has been promoting Bitcoin-related legislation. She once
stated that -
Bitcoin and cryptocurrency will become An important part of the future economy, she also plans to announce Bitcoin Strategic Reserve legislation at the Bitcoin Conference. Tim Scott is a South Carolina Senator, Republican, and a member of the U.S. Senate Financial Innovation Caucus. There have been repeated calls for a balanced approach to digital assets and a push to develop a regulatory framework for cryptocurrencies.
- Bernardo Moreno is a U.S. Republican Senate candidate, Republican, blockchain entrepreneur and cryptocurrency enthusiast.
- Sam Brown is a Republican candidate for the U.S. Senate and an early adopter of cryptocurrency, investing in Bitcoin in 2017.
- Robert F. Kennedy Jr. is an independent candidate for President of the United States, a Democrat in 2023 and before, and currently belongs to other independent parties. He has purchased 14 Bitcoins and has made many remarks in support of blockchain, Bitcoin and cryptocurrency, such as hoping to put the entire US budget on the blockchain and releasing the founder of the Silk Road platform if he is elected president.
- Ro Khanna is the only Democrat participating in this meeting and has served as a member of the U.S. House of Representatives since 2017. The congressman is a progressive Democrat who represents a district that includes crypto-friendly Silicon Valley. This month’s much-watched
Cryptocurrency Policy Roundtable- is hosted by Ro Khanna, who has been contacting senior figures in the digital asset industry, Democratic lawmakers and White House officials to participate in the roundtable.
P.S. Although crypto voters have become a "must battleground" between the two parties, which is good for the development of the entire industry, in the long run, the two parties need to cooperate more in promoting the development and supervision of the crypto industry.
This pair The entire ecosystem is healthier.
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