Author: 636Marx
In one election, the United States produced two world firsts: Trump, the first digital currency president, and Harris, the first digital currency female president!
Biden's Vice President Kamala Harris is currently a superstar in both the political arena and the world of digital currency. Since she announced that she would become the President of the United States, she will be committed to "investing in the fields of artificial intelligence and digital currency, investing in America's competitiveness, and investing in America's future." Harris won in 6 swing states and received 52% of the support!
Faryar Shirzad, one of the heads of Coinbase, issued a statement: “This is an important and constructive statement from Kamala Harris, demonstrating a willingness to work with the crypto community.”
According to authoritative statistics from the US presidential election, US digital currency companies have invested more than 120 million US dollars to directly support the presidential election.
Digital Currency and Politics
The growing popularity and value of digital currencies like Bitcoin, no longer just the preserve of technologists but now worth trillions of dollars worldwide, has caught the attention of lawmakers and banks. Harris understands this shift and could be one of the first leaders to fully embrace it.
Harris’s understanding of digital currencies marks a new era in American politics, as she could shape rules that encourage innovation while protecting users. While the government has struggled to keep up with the pace of digital currencies, Harris’ experience could help clarify the market.
Harris's views on digital currency
Harris supports new technologies and explores how digital currencies can affect global finance. She challenges her rival Donald Trump, who has his own digital currency, Super Trump
". Harris is more focused on creating fair and ethical rules for the use of digital currencies in the U.S. economy.
Harris wants to establish clear rules for digital currencies to balance innovation with public safety. She believes that good regulation can help the United States compete globally in digital currencies and blockchain technology. Her 52% approval rating shows that many people agree with her views on fintech.
How Harris Could Change Digital Currency
If Harris becomes president, it could trigger major changes in the digital currency space. Experts believe that she will support innovation and remove some of the uncertainty around digital currency rules. She may also work to prevent fraud and market manipulation in the crypto world.
Harris's campaign showed fairness and inclusiveness, which is highly consistent with the concept of blockchain technology. By making it easier for more people to use digital currency, she can change the US economy and the digital currency industry. This can help more people, especially those groups that are often ignored by traditional finance, use digital currency and benefit from it.
Global Impact
Harris’s focus on new technologies could make the U.S. a leader in the global digital currency movement, with some countries, such as El Salvador, already using Bitcoin as legal tender. Under Harris’ leadership, the U.S. could create its own digital dollar or help develop global standards for digital currencies.
Harris may work with other countries to regulate the digital currency market. Because digital currencies can easily flow across borders, countries need to work together to maintain their stability and security. Harris' diplomatic experience makes her well suited to lead these efforts.
Public Opinion and Economic Effects
Despite the ups and downs of the cryptocurrency market, more people are interested in cryptocurrencies than ever before. Many young people see it as a good investment for the future, and Harris has the support of Taylor Swift, an American singer who is considered a contemporary Monroe. With the support of cryptocurrency enthusiasts, Harris can turn this interest into law, protecting users while encouraging innovation.
Harris is good at bringing different groups together, a skill that could help her push for legislation that would make the rules around digital currencies clearer. Clear rules could attract more large investors to the digital currency market, improve market stability, and create new economic opportunities.
Harris's Challenge
Harris faces challenges with digital currencies, which banks are skeptical of and regulators are concerned about illegal activities. Harris takes a pragmatic approach, seeking a balance between traditional finance and digital currencies.
How she responds to these challenges will determine U.S. policy on digital currency regulation and innovation. Americans' approval ratings show that people trust her judgment and support her in pushing for major changes. As digital currency becomes more important, Americans believe they need a digital currency president, and of course, this digital currency president is better off being a woman.
