Poll shows only 10% of voters support federal cryptocurrency spending, White House clarifies strategic reserve funding sources

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ODAILY
3 days ago
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Here is the English translation: Odaily reports that according to the latest poll by Data for Progress, only 10% of American voters support the Trump administration increasing federal funding for the development of cryptocurrencies and blockchain. In contrast, 65% of respondents prefer to increase social security spending, and 64% support raising the healthcare budget. The poll was released as Trump signed an executive order on March 6 to establish a Bitcoin strategic reserve. The White House later clarified that the reserve funds would come from forfeited Bitcoin, i.e. proceeds from criminal or civil asset forfeitures, rather than taxpayer funds. The data shows that 45% of respondents want to reduce federal cryptocurrency spending, 29% think the status quo should be maintained, and 17% have no clear opinion. Additionally, only 20% of voters support increasing AI research funding. On the issue of the Bitcoin strategic reserve, 51% of voters oppose its establishment. Broken down by party, 59% of Democrats and 56% of independents are opposed, while 41% of Republicans support it. Although the Republicans are pushing cryptocurrency policies ahead of the 2024 election, the poll results show that voters overall tend to favor the Democratic-advocated programs such as social security, healthcare, and public education.

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