Kamala Harris May Join Donald Trump at Upcoming Bitcoin Conference

Bitcoin Donald Trump Kamala Harris

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Ruholamin Haqshanas

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Ruholamin Haqshanas

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Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

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July 24, 2024 03:56 EDT

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Kamala Harris’ campaign is reportedly in discussions with Bitcoin Magazine about her possible participation in the upcoming Bitcoin Conference.

In a recent post on X, Bitcoin Magazine CEO David Bailey revealed that they are “in talks with Kamala Harris campaign for her to speak at the conference.”

Bailey claimed that Harris’ appearance could “reset the Democrat positioning on the fastest growing voter block in the country.”

The decision from Harris’ camp is anticipated today.

We’re in talks with Kamala Harris campaign for her to speak at the conference. Would be very savvy of her to reset the democrat positioning on the fastest growing voter block in the country. They’re making up their minds today.

— David Bailey🇵🇷 $0.65mm/btc is the floor (@DavidFBailey) July 23, 2024

Harris is More Open to Business

Billionaire investor Mark Cuban has weighed in

, telling Politico that Harris “will be far more open to business, [artificial intelligence], crypto and government as a service” compared to President Biden.

The endorsement underscores the potential for Harris to carve out a distinctive niche within her party, positioning herself as a forward-thinking leader in the tech space.

Further supporting this narrative, Harris’ team has reportedly reached out to several cryptocurrency executives for policy input ahead of the Democratic National Convention.

Tech leaders see a strategic opening for Harris to garner support from Silicon Valley by adopting a more pro-innovation stance.

Box CEO Aaron Levie suggested that with a credible pro-tech policy framework, Harris could quickly rally the backing of “a dozen-plus tech CEOs.”

The possibility of Harris speaking at the Bitcoin Conference and her outreach to crypto leaders signals a potential alignment with the cryptocurrency and blockchain industry.

This could contrast sharply with the current administration’s more cautious approach.

With $100 million raised in just 48 hours following Biden’s endorsement, a pro-innovation platform could further enhance Harris’ fundraising efforts and bolster her support within the tech sector.

Trump Speculated to Announce Bitcoin as Strategic Reserve

On the Republican front, former President Donald Trump’s odds of winning the 2024 Presidential Election have surged following a failed assassination attempt.

Meanwhile, there are rumors that Trump may designate Bitcoin (BTC) as a strategic asset at the forthcoming Bitcoin 2024 Conference in Nashville.

Dennis Porter, co-founder of the non-profit organization Satoshi Act, revealed that insider sources have suggested this move is on Trump’s agenda.

“Adding #Bitcoin as a ‘strategic reserve’ to the US Treasury is a no-brainer,” Porter asserted in a follow-up post.

He argued that once the U.S. leads in this direction, other nations are likely to follow suit.

HUGE BRREAKING: FOX News and CNBC report Trump poised to announce ‘#Bitcoin Strategic Reserve’ in Nashville. pic.twitter.com/EefwBFSmSw

— Dennis Porter (@Dennis_Porter_) July 23, 2024

Porter highlighted the advantages of Bitcoin, describing it as a “borderless, censorship-resistant, decentralized, counter-party free, perfectly finite, digital gold with an immutable ledger.”

He contended that the U.S. government, which currently holds approximately $5.5 billion worth of Bitcoin seized in law enforcement operations, should convert this into a strategic reserve to back the dollar with Bitcoin.

The idea of Bitcoin as a reserve asset is not entirely new.

Several Bitcoin-friendly political figures, including former presidential candidate Vivek Ramaswamy, have previously advocated for this move.

Ramaswamy has been advising Trump on Bitcoin and digital assets since January, adding another layer of intrigue to the upcoming conference.

The Bitcoin 2024 Conference, set for July 25-27, provides an ideal platform for such a groundbreaking announcement.

UPDATE: Vice President Kamala Harris has announced her decision not to speak at the Bitcoin 2024 Conference in Nashville.

https://twitter.com/BitcoinMagazine/status/1816119768736227392