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Home » Typography Elements » Survey indicates Democrat voters view cryptocurrency as slightly more crucial to elections than Republicans
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Survey indicates Democrat voters view cryptocurrency as slightly more crucial to elections than Republicans

By adminOct. 18, 2024No Comments4 Mins Read
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Survey indicates Democrat voters view cryptocurrency as slightly more crucial to elections than Republicans
Survey indicates Democrat voters view cryptocurrency as slightly more crucial to elections than Republicans
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A
survey
by the Digital Chamber, a pro-crypto trade group, reveals that the crypto industry could impact the upcoming US Presidential Election even more than anticipated. An estimated 26 million voters are in the sector’s voting bloc.
The survey found that 16% of the 1,004 respondents, or roughly one in seven, consider a candidate’s stance on crypto to be “extremely” or “very” important in shaping their vote.
This group, dubbed the “Crypto Voting Bloc,” includes voters from both major political parties inclined to back candidates with pro-crypto policies.


US Election Crypto Voters (Source: The Digital Chamber)
Notably, 25% of Democratic and 21% of Republican voters said that a candidate’s position on crypto could influence their support. This data suggests that pro-crypto candidates may have an advantage in the race.
The survey also highlights demographic differences in crypto enthusiasm. About 40% of
Black voters
indicated that crypto is “very” or “extremely” important in deciding their vote for the 2024 election—more than twice the percentage of White voters who said the same.


Black Crypto Voters. (Source: Digital Chamber)
Additionally, Republican and Democrat respondents agreed that supporting the crypto industry should be a medium-level priority for the next president and Congress.
Meanwhile, the survey also revealed a perception gap among voters: Those planning to vote for
Donald Trump
believe he supports crypto more than
Kamala Harris
does, while Harris supporters think the opposite.
Perianne Boring, founder and CEO of the Digital Chamber, stressed that these results should be “a wake-up call for policymakers” as the presidential election is expected to be highly competitive.
Boring added:
“Voters are sending a clear message—they want smart, balanced regulation that protects consumers without stifling innovation. Embracing a pro-crypto stance is a powerful opportunity for candidates to connect with this rapidly growing base.”
Unsurprisingly, the two major candidates for the White House have signaled a more favorable stance toward crypto during this election cycle.
However, data from
Polymarket
indicates that crypto bettors
favor Trump’s potential presidency
over Harris’s.
Mentioned in this article


Polymarket


Donald Trump


Kamala Harris
Posted In:
US
,
Election 2024
,
Featured
,
Politics
Author


Oluwapelumi Adejumo
Journalist at CryptoSlate
Oluwapelumi values Bitcoin’s potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
@hardeyjumoh
LinkedIn
Email Oluwapelumi
Editor
Liam ‘Akiba’ Wright
Editor-in-Chief at CryptoSlate
Also known as “Akiba,” Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change.
@akibablade
LinkedIn
Email Editor
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Disclaimer:
Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

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