Gray-scale survey: American voters' attention to Bitcoin is constantly increasing, and cryptocurrency is a political issue of concern to both parties.

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PANews
08-09
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PANews reported on August 9 that according to Grayscale's official website, Grayscale commissioned The Harris Poll to survey voters in the 2024 U.S. presidential election. The latest longitudinal survey data from the second phase (conducted from April 0 to May 2, 2024) reinforced the results of the first phase and emphasized that American voters have maintained many of the same priorities and attitudes since the first phase from November 27 to 29, 2023. However, there have been some noteworthy changes in interest and perception around owning cryptocurrencies and how voters view cryptocurrencies in a political environment-two topics that are becoming increasingly important ahead of the 2024 U.S. election. The latest survey shows that due to macro dynamics and Bitcoin's own maturity, its relevance is increasing, and nearly half of voters (47%) now expect to include cryptocurrencies in their portfolios (compared to only 40% at the end of last year). As in the first phase of the poll this year, respondents see inflation as the top issue in the election (28%), which once again highlights the potential value of assets with transparent and fixed supply limits such as Bitcoin. Trump has embraced cryptocurrencies on the campaign trail, and recent cryptocurrency bills FIT21 and SAB 121 have received bipartisan support from members of Congress. Harris Poll data supports the view that cryptocurrency is a bipartisan topic, with similar ownership rates among Republicans (18%) and Democrats (19%).

Grayscale concluded that the United States is facing a multi-faceted choice, with both candidates having different macro policies on government deficits and debt, inflation and Federal Reserve independence, and the United States' role in the world; these positions all have a direct impact on the dollar and Bitcoin. As voters become increasingly interested in cryptocurrencies, the next administration's attitude toward this emerging digital asset will be crucial. This is especially important for young votes, as 62% of Generation Z and Millennial voters believe that cryptocurrencies and blockchain technology are the future of finance. In any case, as November approaches, it is clear that cryptocurrencies will be increasingly considered by policymakers and all candidates preparing to participate in the 2024 election.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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