Politics is a part of crypto. With fewer than two weeks to go before a historic election that is expected to be extremely close, the pressure organization The Digital Chamber polled American voters to learn why they voted and how important cryptocurrency is to their decision-making. It’s beginning to pay off. The Web3 industry is trying to create consensus in a nation split between Donald Trump’s Republicans and Kamala Harris’ Democrats in order to guarantee some kind of triumph regardless of what happens at the elections on November 5.
Looking back at a survey that demonstrates the significance of the industrial and economic stakes in a booming sector.
Two months prior to the presidential election, a study was carried out by the Digital Chamber :
Let’s start by discussing the study’s methodology. It was carried out by the expert XandY between September 12 and September 17, 2024, using a first block of 1,000 Americans and a second block of 500 individuals who currently hold or have previously held cryptocurrency.
The first lesson focuses on what the authors refer to as the “crypto bloc,” or those who regard this issue as “important” or “very important” while casting their ballots and believe they are supporting the candidate who is most pro-crypto. One in seven Americans, or 16% of the questioned population, are among these voters, who are both Republicans and Democrats.
Results also indicate that voters’ interest in cryptocurrency has grown…
Voters were asked who of the two candidates would “best support the sector” if elected, and Democratic supporters believe Kamala Harris will do so, while Republican voters believe Donald Trump will do so. The responses to this question are really amusing! The fact that everyone is standing by their opinions and believes that their candidate is “best placed to support the industry” indicates that the communicators have done a good job in this regard.
When asked if the President and Congress should support cryptocurrency, both parties said that they should, with one in three Democrats and one in four Republicans saying that it should be a “high” or “very high” priority. When asked what the nation’s cryptocurrency policy should prioritize, the respondents overwhelmingly rated “the prevention of fraud and scams” as “very important,” with 56% of them saying this, followed by “the prevention of illegal activities” (48%).
The participants were asked to select between a policy that “protects consumers” and one that “supports innovation and growth” in the penultimate question. The Americans’ rational response was both, my captain! Voters who are more knowledgeable about the industry and the difficulties facing cryptocurrency are the most positive when it comes to their trust in the government “to make the right decisions” for the sector. It only goes to demonstrate that if you work in the industry, you are aware that an American policy supporting Web3 is imminent.
