• The USA is shifting in direction of cryptocurrencies, based on a nationwide survey by Grayscale Investments.
• 77% of voters consider that presidential candidates ought to have data of AI and cryptocurrency.
• The survey reveals candidates' various approaches to cryptocurrency.

A brand new survey by Grayscale Investments reveals altering perceptions of American voters in direction of the monetary system and cryptocurrencies, which might affect the 2024 US presidential election. Grayscale's nationwide survey, titled “2024 Election: The Position of Cryptocurrencies,” reveals the general public's altering views on cryptocurrencies and their position within the upcoming presidential election.

The Harris Ballot, performed on-line from April 30 to Could 2 on behalf of Grayscale, surveyed 1,768 voters. Notably, 77% of respondents consider presidential candidates ought to develop a higher understanding of modern applied sciences, resembling synthetic intelligence and cryptocurrency.

The survey means that the present financial state of affairs in the USA is driving cryptocurrency acceptance, resulting in higher adoption of Bitcoin and different digital belongings. Almost half of voters have expressed curiosity in including cryptocurrencies to their funding portfolios. Zach Pandl, head of analysis at Grayscale, stated:

“It is a well timed survey given the most recent developments on cryptocurrency coverage in Congress, as American voters throughout the political spectrum are more and more considering investing in crypto belongings and supporting candidates who’re acquainted with rising applied sciences.”

The report factors to a key query: “Will November be the 'Bitcoin Election?'” The examine takes into consideration the demand for spot Bitcoin ETFs, which has skyrocketed since their launch in January 2024, in addition to Bitcoin's all-time excessive of $73,700 in March 2024.

The report additionally highlighted the differing stances of presidential candidates on cryptocurrency, with former President Donald Trump, who’s searching for the Republican nomination, reportedly forming a “crypto military” and starting to simply accept donations in cryptocurrency.

In distinction, President Joe Biden has reiterated his skepticism in direction of cryptocurrencies. The Biden administration opposes the Republican invoice, FIT21, which promotes crypto-friendly laws, and has proposed creating an “anti-crypto military” throughout the authorities.