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Democrats Exclude Bitcoin And Crypto From 2024 Platform, Aligning With Past Hostility


by Bitcoin Magazine
Democrats Exclude Bitcoin And Crypto From 2024 Platform, Aligning With Past Hostility

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The Democratic Party's official 2024 platform was released today on day one of the Democratic National Convention, without any mention of Bitcoin or cryptocurrency. This decision aligns with the past four years of the Biden-Harris administration's hostility towards the industry. 

Despite the growing significance of Bitcoin and digital assets, neither Kamala Harris or Tim Walz, who are running for president and vice president in the upcoming election this November, has prioritized the inclusion of Bitcoin and crypto in the party's agenda.

In contrast, the Republican Party has embraced Bitcoin, making it a central part of their platform. They have pledged to end what they describe as the Democrats’ "unlawful and unAmerican crypto crackdown" and oppose the creation of a Central Bank Digital Currency (CBDC). Additionally, the GOP vows to protect the right to mine Bitcoin, ensure Americans can self-custody their digital assets, and maintain financial privacy from government surveillance.

The 2024 Republican Platform

The differing approaches between the parties were further highlighted when Republican presidential candidate Donald Trump spoke at the Bitcoin 2024 Conference in Nashville, emphasizing his support for the industry. Meanwhile, Kamala Harris, the Democratic presidential candidate, declined to speak or participate at the event.

Independent presidential candidate Robert F. Kennedy Jr. did also speak at the Bitcoin 2024 Conference, voicing his support for Bitcoin, further underscoring the growing political divide on this issue.

As the 2024 election approaches, the absence of Bitcoin and crypto from the Democratic platform may influence the vote of an estimated 50 million Bitcoin and crypto holders across the country, who are looking for the best candidate to champion their cause.

Read the article at Bitcoin Magazine

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$ 102.96K

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Democrats Exclude Bitcoin And Crypto From 2024 Platform, Aligning With Past Hostility


by Bitcoin Magazine
Democrats Exclude Bitcoin And Crypto From 2024 Platform, Aligning With Past Hostility

Share:

The Democratic Party's official 2024 platform was released today on day one of the Democratic National Convention, without any mention of Bitcoin or cryptocurrency. This decision aligns with the past four years of the Biden-Harris administration's hostility towards the industry. 

Despite the growing significance of Bitcoin and digital assets, neither Kamala Harris or Tim Walz, who are running for president and vice president in the upcoming election this November, has prioritized the inclusion of Bitcoin and crypto in the party's agenda.

In contrast, the Republican Party has embraced Bitcoin, making it a central part of their platform. They have pledged to end what they describe as the Democrats’ "unlawful and unAmerican crypto crackdown" and oppose the creation of a Central Bank Digital Currency (CBDC). Additionally, the GOP vows to protect the right to mine Bitcoin, ensure Americans can self-custody their digital assets, and maintain financial privacy from government surveillance.

The 2024 Republican Platform

The differing approaches between the parties were further highlighted when Republican presidential candidate Donald Trump spoke at the Bitcoin 2024 Conference in Nashville, emphasizing his support for the industry. Meanwhile, Kamala Harris, the Democratic presidential candidate, declined to speak or participate at the event.

Independent presidential candidate Robert F. Kennedy Jr. did also speak at the Bitcoin 2024 Conference, voicing his support for Bitcoin, further underscoring the growing political divide on this issue.

As the 2024 election approaches, the absence of Bitcoin and crypto from the Democratic platform may influence the vote of an estimated 50 million Bitcoin and crypto holders across the country, who are looking for the best candidate to champion their cause.

Read the article at Bitcoin Magazine

In This News

Coins

$ 102.96K

-2.09%

$ 0.0184

-3.17%

$ 0.000122

$ 0.036

-3.76%

Share:

In This News

Coins

$ 102.96K

-2.09%

$ 0.0184

-3.17%

$ 0.000122

$ 0.036

-3.76%

Share:

Read More

‘Good News Is Bad News’: Why the Shutdown’s End Is Hurting Bitcoin

‘Good News Is Bad News’: Why the Shutdown’s End Is Hurting Bitcoin

Bitcoin (BTC) is struggling to find footing, failing to rally with equities and gold....
Bitcoin’s Price Jumps as Trump Signs Bill to End Record US Govt Shutdown

Bitcoin’s Price Jumps as Trump Signs Bill to End Record US Govt Shutdown

ETH is above $3,500, XRP has reclaimed $2.50.