Meanwhile, nearly 20% of Democratic and Republican voters have invested in cryptocurrencies, giving both parties a reason to cater to the industry.
U.S. voters who own cryptocurrencies are more likely to support Donald Trump in the upcoming 2024 presidential election, according to a new survey conducted by Paradigm.
The research-driven investment firm said on March 14 that 48% of cryptocurrency holders plan to vote for Donald Trump, while 39% plan to vote for Joe Biden and 13% People haven't decided yet.
This shows slightly more support for Donald Trump than non-crypto holders, with 45% planning to vote for Trump compared to 42% planning to vote for Biden.
Respondents’ attitudes were almost the opposite of the 2020 election, when a majority of cryptocurrency holders were more positive toward Biden. The report noted that 43% of cryptocurrency holders said they voted for Biden in 2020, while 39% said they voted for Trump.
Paradigm surveyed 1,000 registered voters and found that 19% of voters hold cryptocurrencies, while 16% are likely to invest in cryptocurrencies. According to Paradigm, these voters constitute a large enough number to potentially tip the election toward Trump.
There is bipartisan consensus on cryptocurrencies
Cryptocurrency investment rates are not much different across the divide between Democrats and Republicans, with 19% of Democrats and 18% of Republicans claiming to have ever invested in cryptocurrencies. Meanwhile, a much higher percentage of independent voters are invested in cryptocurrencies (24%), the report said.
Additionally, a smaller group of voters, around 6%, has invested in spot Bitcoin ETFs, with another 6% planning to invest in the coming months, while 22% of respondents said they might consider investing in the future.
In addition to cryptocurrency investing being a largely bipartisan activity, voters on both sides distrust party policies. Paradigm found that 49% of Americans distrust any political party’s stance on cryptocurrencies, including 40% of Democrats and 30% of Republicans.
Paradigm urged policymakers to take note of broad cryptocurrency participation rates, noting that “one fifth of the country is not a niche group.” It suggested that both parties could gain an electoral advantage by developing comprehensive cryptocurrency policy proposals.
Paradigm's data was collected through surveys conducted by Public Opinion Strategies, generally considered a right-wing pollster. The New Yorker labeled it "the leading Republican pollster" in 2015, and several of its founders were members of the Republican Party. #加密货币 #总统大选
